GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Others

 
  Share

Dubai, United Arab Emirates, 31 May 2017: Jebel Ali Free Zone (Jafza), a company of global trade enabler DP World and a major destination for foreign direct investment in the Middle East, Africa and CIS states, registered 122 new companies from 33 countries during the first three months of 2017.

More than half (55 percent) of new companies were from the Middle East region, followed by 22 percent from Asia-Pacific , 16 percent from Europe, 4 percent from Africa and 3 percent from North America.

Sultan Ahmed bin Sulayem, Group Chairman and CEO DP World, said: “The number of companies reflects investor confidence in Jafza services and facilities in a wide range of industry sectors.

“Jafza's innovative approach is in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE and Ruler of Dubai, to adopt international best practice in the business sector to attract foreign investments to the UAE and Dubai.“Our strategy is also guided by the UAE 2021 Plan and Dubai 2021 Plan in the country's preparation for the post-oil economy.

Mr. Bin Sulayem noted that as a result of the business expansion by existing companies and the inclusion of new ones, Jafza has leased more than 158,000 square meters of space with plots of land totaling 148,000 square meters and warehouses 5,700 square meters.

Mr. Bin Sulayem said that the occupancy of warehouses and light industrial units had reached 82 percent after new units were added last year, while the occupancy of staff accommodation had exceeded 95 percent.

The occupancy for office space in the Free Zone was now 66 percent following the addition of new office space in Jafza's new office building, Jafza One. Showroom occupancy stands at 78 percent, with small offices and workstations for SMEs at 98 percent.

Business sectors

Of the 122 companies registered, 20 percent were in the general trading and retail sector, followed by 11 percent in steel and building materials, with 10 percent each in the automotive & transport, equipment, machinery and services sectors.

Meanwhile, Jafza is working on an integrated project to re-engineer its operations and services In Q1 2017, it completed the automation of more of its services with customers no longer required to physically visit the service centre for additional services. These can now be completed through the Group's Dubai Trade portal or by calling the Jafza Call Centre.

The Free Zone has also implemented a digital signature system in coordination with its strategic government partners, embassies and consulates in the country so that the documents can be directly emailed to customers' registered email address.. Verification can also be done through a dedicated website.

Infrastructure

In cooperation with the Roads and Transport Authority (RTA), Jafza is building another six-lane two-way bridge to link Jafza North and Jafza South, to ease traffic on the Dubai Logistics Corridor, especially container traffic headed from Jebel Ali Port to Al Maktoum International Airport. The project is expected to be completed by the end of the year.

During the first quarter, Jafza also began the construction of a 150,000 square meter residential complex for workers, with 13 buildings and 3,536 rooms.



Posted by : GoDubai Editorial Team
Viewed 25535 times
Posted on : Wednesday, May 31, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story :
Next Story :
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
The Rado DiaMaster Petite Seconde Automatic COSC The Rado watch at the top of th...
PopSockets launches a new collection with crystals from Swarovski, the must-have...
Maintain Healthy Skin Year Round
Free gold coins at Malabar Gold & Diamonds Festival
MIDO Baroncelli Lady Day & Night collection
24 Karat Gold Elixir by Mehrunisa Launches in the UAE Beauty Market
Interview with Asil Attar, CEO of Al Yasra Fashion
Holiday Gifting Made Easy with Wet n Wild Beauty Specials
Get Ready for Party Season with Lottie's new make-up hits
Tissot PR100 Lady Sport – Chic Glamourous Festive Season
Festive Gift Sets from Bubble T
Winter wool Christmas must- haves
Golden Mile Galleria's ‘A Cultural Flair' attracts hundreds of art lovers to Pal...
Samsung Galaxy A9 – Designed to capture the world in its fullest
Michael Kors Collection Transeason 2019 Press Presentation
Chic and Stylish Wraps with a 3 in 1 effortless concept
New 1948 Seamaster Watches Join the Ranks'
9th Edition of China Homelife Exhibition to Have Over 3000 Exhibitors Across Bus...
DKNY Launches (Limited Edition) Holiday 2018 Collection
New Menu alert: Moombai & Co. launches exciting and delicious food items to its menu
Els Back for the 30th Omega Dubai Desert Classic Aiming for a Record Fourth Victory
Tissot PR100 Lady Sport – Chic Sporty yet Feminine
Dubai Shopping Festival Wednesday Specials at The Smile Bar
Global Knowledge Index 2018 and The Future of Knowledge: A Foresight Report shin...
Get Party Ready with Champion Cleaners
Raja Al Gurg is one of Forbes Magazine's 100 most powerful women in the world
Nine winners honored by DQG for their innovative ideas at the 10th Global Contin...
Jury Announced for Epson's First Ever Win-A-Robot Competition in Europe, The Mid...
Santa is Coming to Town!
Spinneys Dubai 92 Cycle Challenge | Road Closure Timings
New ACH145 Mercedes-Benz Style Cabin Model Highlights First Presence at MEBAA fo...
No P-ain, No G-ain! Mega Musclemen Return to Dubai
UAE students win top awards at international math competition in Malaysia
'Introducing the GUESS Jeans Fall 2018 Collection'
Al Hosn Now Open to the Public
ICAEW recognises Middle East's best finance professionals
Enjoy 11 exciting new street entertainment shows at BOLLYWOOD PARKS™ Dubai
It's a Wrap! The Second JLT Restaurant Awards Conclude with a Glitzy Ceremony At...
His Highness Sheikh Saud discusses collaboration with British Consul-General And...
CBUAE and Central Bank of China meet to Enhance Renminbi Clearing in the UAE
Listen to the Autism Beat Gala Dinner at Atlantis - The Palm
Arla Foods launches initiative with UAE Ministry of Education to promote healthi...
Young Emirati Champion Rashid Al Dhaheri Powers Ahead to Stunning Victory at the...
Joe's Backyard Opens at the Holiday Inn, Dubai Festival City
Julphar to Launch Wearable Insulin Delivery Device in GCC
Zayed Book Award Longlist Announced for ‘Young Author' Category (2018 - 2019)
Dubai Islamic Bank triumphs at Islamic Business and Finance Awards 2018
CITIZEN's “#MyBetterStartsNow” campaign seeks out UAE's inspired and driven indi...
Al Ghurair Centre Teams Up With Nike to Support Its ‘We Play DXB' Campaign
University of Balamand Dubai and Emicool agree MoU for student scholarships