Looks into ways to promote trade and investment
Dubai, March 19, 2014: A high level Maltese delegation headed by His Excellency Chris Cardona, the Minister of Economy, Investment and Small Business visited Jafza to meet with Ibrahim Al Janahi, Deputy CEO and Chief Commercial Officer, Economic Zones World to discuss investment opportunities in Jafza and ways to enhance trade and economic relations between Malta and the Free Zone.
HE Chris Cardona said that Malta's trade volume had doubled during the past two years, and that his country was seeking to open new markets for local products. He expressed admiration for what he saw of the great achievements made by Dubai, stressing that his country's desires to benefit from Jafza's experience and its successful business model.
Al Janahi explained the main role played by the Free Zone in advancing economic development in the UAE in general and Dubai in particular, noting that Jafza is home to more than 7,300 companies from around the world, employing more than 135,000 employees, and contributing more than 20 percent of Dubai GDP.
"Jafza focusses on providing world-class facilities to investors wishing to use Dubai as the gateway to the rest of the world. We have the most modern infrastructure with an integrated legislative system and one-stop-shop solution to help save time and effort for the investors" Al Janahi said
Adil Al Zarooni, Senior Vice President, Sales provided a detailed explanation of the advantages enjoyed by companies in Jafza, and services provided to existing customers. He expressed interest in the minister's call for enhancing bilateral economic relations, in the fields of industry, tourism and small and medium-sized enterprises focusing on alternative energy and sustainable development.
"The volume of trade exchange between the UAE and Malta is 173.3 million dollars, we seek to increase trade exchange between the two countries and to attract new companies to take advantage of investment opportunities that will be provided by the Expo 2020" he added.
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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 and home to over 7,300 multinational companies, including more than 120 of the Global Fortune 500 enterprises. 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.
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. Established in 1985, Jafza is today home to over 7,300 companies, including more than 120 of the Global Fortune 500 enterprises from across the world. It is a leading driver of the burgeoning UAE economy. Jafza 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.
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.
For more information, please contact:
Yasir Saeed Zubairi
on +971503603570
or yasir.zubairi@ezw.com
© Press Release 2014
