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 >> Banking and Investments

 
  Share

Sultan Bin Sulayem: DP World implementing award winning Jebel Ali model around the world

Dubai, 14 October 2017:  Jafza has been named the world's best free zone for 2017 in key categories of the FDi magazine's annual awards for global free zones.
Jafza won Free Zone of the Year 2017 for Large Tenants in Middle East and globally and was highly commended in the Global Overall and Middle East Overall categories. It was also commended for its facilities upgrades and contribution to the UAE's national economy. 

Sultan Ahmed Bin Sulayem, Chairman and CEO of DP World and Chairman of Ports, Customs and Free Zones Corporation (PCFC), said: 'We are delighted that Jafza has won this award from FDi magazine. It is one of Dubai's success stories and has developed in accordance with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai to make the emirate a hub for business and commerce. ”

Mr. Bin Sulayem said the awards confirmed the status of Jafza as a global destination for foreign companies keen on entering the Middle East and Africa markets. “Jafza is a centre for trade and logistics, which provides unrivalled benefits and incentives as well as excellent services that meet customer expectations. It attracts leading businesses and international companies through a wide range of facilities and requirements that enable them to achieve their objectives in the region,” he said.

Jafza and Jebel Ali Port contribute 21 percent of Dubai's GDP and play a pivotal role in diversifying the emirate's economy by attracting international companies that add value to the national economy. “We are working to facilitate business and build partnerships with a number of countries that open markets to companies operating in Jafza,” Bin Sulayem added.

Bin Sulayem added that Jafza is working with the Executive Council to implement Dubai's plans to become a manufacturing centre. He highlighted the moves to attract more industrial companies with incentives for them to start production here. ,

Jafza is home to more than 7,000 companies, including 100 or the Global Fortune 500 companies. Most of them have established their regional headquarters in Jafza to service key markets in the Middle East, West Asia, Africa, the Commonwealth of Independent States and the Indian subcontinent. 

Jafza's total trade volume was $80.2 billion in 2016, and free zone companies employ more than 135,000 people.  According to a study by Ernst & Young, the free zone accounts for almost 32 percent of total FDI flowing into the country.



Posted by : GoDubai Editorial Team
Viewed 11627 times
Posted on : Saturday, October 14, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Al Naboodah Group Enterprises Creates Sustainable Futures for its Labour Workforce with Internationa...
Next Story : Iconic Awards 2017: nine awards for GROHE
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
Delightful Duo Of Elegant Timepieces Make For A Special Valentine Day's Gift
Nothing says ‘I love you' quite like MKS Jewellery Valentine's Day Top Picks
Mesmerizing Gift Sets and Perfume for Her
Classic Smoky Eyes with Essence
Introducing Supergirl Make-Up
The Rado HyperChrome Ultra Light
Chronoswiss Shows Off Twin Limited Edition Flying Grand Regulators
Innovative, Adventurous and Accurate. It's what pilots need in a timepiece. And ...
Le Meridien Al Aqah Beach Resort Rolls out Fabulous Deals for February
The Valentine watch collection by Coach
GUESS Launches JEANS SS19 Collection for Women
212 VIP Extra Limited Edition
NuFACE launches in Bloomingdales and Harvey Nichols!
Lenovo announces Lenovo Truscale™ Infrastructure Services – a consumption-based,...
Chrono 4 Grande Taille Limited Edition - another classy reiteration of an iconic...
The Fall 2019 Michael Kors Collection Runway Show
Turkish Airlines introduces its new The LEGO® Movie 2 Inflight Safety Video, bef...
Dubai's first building biologist receives global recognition
Exclusive position in the front row of the grid: The BMW M850i xDrive Coupe Firs...
Robinsons to launch its new luxury lighting department – the latest addition to ...
UAE supermarket chain Al Maya group to launch products from Woolworths Australia
Airbus and Emirates reach agreement on A380 fleet, sign new widebody orders
Is the runway ready for HONOR View20 Moschino edition - the season's most covete...
Caroline Wozniacki chasing more success at Dubai Duty Free tennis championships
Valentines Day Gift Guide from Anker
Create a Valentine's meal to remember with LG
Jaguar Land Rover expands Ingenium family with straight six-cylinder petrol engine
SPRING 2019: MEET ‘CECE'
Greece partners with VFS Global to launch Visa Application Centres in the Kingdo...
Abu Dhabi University and Knowledge Group to participate in IDEX 2019
Okadoc helps UAE patients find a doctor and book an appointment online instantly
Customs World develops RIISE: first of its kind leading-edge Customs platform
Wellness Saturdays with H Retreats
Zayed University inaugurates largest Bloomberg Finance Lab in the Middle East
39 days shopping extravaganza brought grand success to 13 participating malls
10 things you didn't know about Space Grill
Lacoste Presents. 12. 12 Collection
H.E. Minister Buhumaid leads Dubai Cares' Walk for Education alongside 15,000 pa...
The Retail Summit officially opens
HH Sheikh Saeed Bin Hamdan Al Maktoum Cup First Ever 30 Goal Handicap Exhibition...
DAFZA to showcase its premium services to the F&B Industry at Gulfood
Ajman Free Zone announces official commitment to culture of innovation at “Digit...
Pop Star Melissa endorses Talentology 2019
Airbus to participate in the International Defence Exhibition and Conference (ID...
Celebrate Valentine's Day with IKEA
NZMP launches innovative new ingredients at Gulfood 2019 to meet growing demand ...
Bentley launches World's fastest, most luxurious SUV
Kasih Food Production Co. reveals its latest food innovation, Mezete, at Gulfood 2019
Ethihad Airways to Deploy Latest Generation 787 Dreamliners on all its Flights t...
Hundreds of local pupils to champion inclusion at schools ahead of Special Olymp...