PHOTO
Both the entities to work together to identify areas of partnership across the entire spectrum of the supply chain
Dubai - Economic Zones World, Dubai's flagship operator of economic zones, logistics and industry specific parks and Shanghai Yaming Lighting Co Ltd, a leading Chinese lighting company have signed a Memorandum of Understanding (MoU) to identify areas of collaboration across the entire supply chain of lighting industry including manufacturing, sales, R&D and distribution.
The MoU was signed by HE Salma Hareb, CEO of Economic Zones World, the parent company of Jafza, TechnoPark and DAZ and Mr. Zhuang Shenan, Chairman, Shanghai Yaming Lighting Co Ltd in the presence of senior officials of EZW including Ibrahim Mohamed Al Janahi, Deputy CEO of Jafza and Chief Commercial Officer of EZW and Rashid Al Noory, Chairman of Yaming FZCO.
HE Salma Hareb commenting on the MoU said:
"I consider the MoU an important step forward in bringing world-class energy saving technology to the region in general and to Dubai in particular which is all set to become the region's first smart city soon. As a facilitator EZW supports companies to reach and serve one of the world's most dynamic markets in the region. I am sure the bilateral collaboration will help Yaming achieve its growth aspiration in the region while we will be able to further strengthen our position as a hub and a business catalyst.
Mr. Zhuang Shenan said, "I would like to express my gratitude to H.E. Ms. Salma Hareb, CEO of Jafza and Mr. Ibrahim Al Janahi, Deputy CEO of Jafza, for the interest they have shown in facilitating Yaming to establish a proper distribution and possible manufacturing centre in Jafza. Jafza is, indeed, a successful free zone and a logistic hub with success stories that attract multinational companies to operate in a free zone environment and take advantage of the superb infrastructure that supports the kind of work we do.
"We are focused on providing the region with quality, energy-saving products in luminescence sector and solution to smart cities with the latest technologies that will reduce the carbon emission in use of such technologies.
"Our success story around the world, particularly in China, has been acknowledged through various state certifications and recognitions. We are confident that we can continue to support government agencies, private sectors, and developers to use our technology to improve cost and be able to innovate in their design requirements."
Mr. Rashid Al Noori, Chairman of Yaming FZCO, commented that, "We are very delighted to have signed an MOU with Jafza. We are confident that this step will pave the way for us to focus on planning infrastructure for an extensive distribution center leveragingJafza's pre-existing ground works. We look forward to discussing the infrastructure plan and set up a world-class distribution center that can effectively use the best available facilities that support our business in the Middle East, Africa and CIS countries. Not to mention that Jafza is well-located in the region and next to the biggest airport (Al Maktoum International Airport) in the world; this is a big advantage and cost-effective factor that makes Jafza the perfect platform for us to be in and sustain our growth.
"The introduction of the latest technology to the region is in line with our commitment to collectively and responsibly reduce carbon emission. By lowering the consumption of energy and reducing the carbon emission by the use of Yaming's luminous products, we are sure that we are saving the environment together as one."
Shanghai Yaming Lighting Co. Ltd. is a leading Chinese manufacturer and distributor of high quality, energy-saving lighting products such as - LED, HID, CFL, FL, control gears, E-ballast, industrial and commercial lighting fixtures, and other lighting components.
The 92-year old lights manufacturing giant owns a large number of inventions and patents in metal halide lamp, high pressure sodium and mercury lamp, and provides effective solutions in industrial, commercial, office, architecture, and street lighting applications.
The company seeks to strengthen and further expand its footprint in the entire region which EZW, through its flagship free zone business Jebel Ali Free Zone (Jafza) serves. Jafza is the trade and logistics hub of the wider Middle East region that spans from West Asia, the CIS, Africa and the Indian Subcontinent, a thriving market of 2.5 billion resource-rich consumers.
Over 8,000 world's leading brands have chosen EZW for their regional headquarters to serve rapidly growing markets in the region.
-Ends-
About Economic Zones World (EZW)
EZW is the global provider of sustainable industrial and logistics infrastructure solutions. EZW's current portfolio includes Jafza, TechnoPark and Dubai Auto Zone.
Jafza is Economic Zones World's flagship operation. It is the region's most efficient logistics hub and the only one in the world located between a top container terminal (Jebel Ali Port) and a top international airport (Al Maktoum International Airport), enabling the best in multi-modal connectivity. Jafza is a leading driver of Dubai's non-oil trade. In 2013 the Free Zone has generated trade worth about USD 90 billion.
TechnoPark is the company's dedicated initiative in the region's core economic sectors - Water, Health, Energy, Engineering and Logistics. It focuses on nurturing business ideas/new technologies in the above fields, which could be quickly translated into real-world industrial operations.
Dubai Auto Zone (DAZ) is a comprehensive market place for the Auto Industry catering to buyers, sellers, service providers, principals and traders.
About Jebel Ali Free Zone (Jafza)
Jebel Ali Free Zone (Jafza) is one of the world's leading free zones. It is the region's most efficient logistics hub and the only one in the world located between a top container terminal (Jebel Ali Port) and a top international airport (Al Maktoum International Airport), enabling the best in multi-modal connectivity. Jafza is a leading driver of Dubai's non-oil trade. In 2013 the Free Zone has generated trade worth about USD 90 billion.
As the leading business hub of the Middle East, it focuses on long term customer relationships and fosters alliances with global investors by providing them world class infrastructure duly supported with quality driven value added services and incentives, enabling them to avail huge business opportunities in the region, in the most efficient way.
www.jafza.ae | Follow @jafzadubai on Twitter, @jafzadubai on Instagram
For further queries please contact Mr Var Prasad Rao (Corporate Editor)
On +971-50-9400163.
© Press Release 2015
