JAFZA registers nearly 40% growth in new customer registrations in h1 2021

Dubai, United Arab Emirates : DP World’s flagship Jebel Ali Free Zone (Jafza) witnessed a robust new customer growth of nearly 40% year-on-year in H1 2021, taking the total number of companies in Jafza to over 8,700. Some of the industry segments in Jafza observed a significant rise in figures, with Machinery and Equipment witnessing an increase of 188 per cent, Vehicle and Transport seeing a 100 per cent surge and Retail & General trading growing by 78 per cent.

As a major contributor to Dubai’s economy, Jafza is a leading source of FDI inflow into the emirate, accounting for 23.9 per cent of total foreign investment. The free zone generated trade worth $104.2 billion in 2020. These figures contribute 32 per cent of the total trade value of Dubai as of 2020.

Spurring economic progress in the UAE

The free zone’s ideal location alongside the region’s largest deep-sea Jebel Ali Port, its multimodal connectivity and proximity to the Al Maktoum International Airport, the much-awaited Etihad Railway and key regional highways has proved to be a major attraction for companies. Additionally, Jebel Ali Port and Jafza’s combined capabilities and their collaboration with Expo 2020 Dubai have contributed to the surge in business. The Jebel Ali hub ensured all Expo-related cargo was brought into Dubai and handled safely and promptly.

Abdulla Bin Damithan, CEO & Managing Director, DP World UAE & Jafza said: “Jafza plays an integral role in leading Dubai’s trade sector as a regional and global business and logistics hub of choice. We are proud of our achievements as they come at a time when the world economy is witnessing a slowdown. Most importantly, we owe our success, in part, to the proactive approach, innovative policies and stimulus packages by our wise leadership. Our achievement proves our grit and determination, showcasing our commitment to being at the forefront of Dubai and the UAE’s success story. The sustained growth of Jafza since its inception is an indication of its ability to leverage key market dynamics and create numerous opportunities for customers in the most challenging times.”

As a specialised industrial, trading and logistics zone, Jafza is recognised as a dynamic base for a smart business community. The free zone offers unprecedented opportunities and market access to over 3.5 billion people, across varied sectors in the MEASA region.

-Ends-

For media queries, please contact:
Noel David Francis
Executive - PR & Media
Communications
DP World UAE
T: +971 4 8897739
M: +971 56 4039833
Noel.Francis@dpworld.com 
Abdurrahman Mahanna
Executive - PR & Media
Communications
DP World UAE
T: +971 4 889 7913
M: +971 52 699 0123
AR.Mahanna@dpworld.com 

About Jebel Ali Free Zone (Jafza)

Jafza is one of the world’s leading free trade zones and is home to over 8,700 multinational companies. Jafza accounts for 23.9% of total FDI (Foreign Direct Investment) flow ‎into Dubai, sustaining the employment of more than 135,000 people in the United Arab Emirates. In 2020, Jafza generated trade worth $104.2 billion.

Strategically located at the crossroads of a region providing market access to over 3.5 billion people, Jebel Ali Port and Free Zone create an integrated multi-modal hub offering sea, air and land connectivity, complemented by extensive logistics facilities. ‎The Port and Free Zone contributed 33.4% of Dubai’s GDP in 2017.

Jafza is the leading business hub between Asia, Europe and Africa, connecting some of the fastest-growing manufacturing and consumer markets globally. With over 30 years’ experience, Jafza focuses on long-term customer relationships, building alliances with global investors and providing world-class infrastructure and support. In addition to quality-driven value-added services and incentives, Jafza is a business opportunity enabler, offering its customers easy and efficient access to substantial business opportunities in the region.

© Press Release 2021