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 9150 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
GUESS Trend Alert | The Summer Blues
Hair Rituel by Sisley Now available at Paris Gallery
Beautiful Freaks
Alfahim Announces New Three-year Partnership With UAE Triathlon Federation
Danube Properties launches Dh550 million Lawnz project at International City, ad...
Samsung Introduces Sunrise Gold and Coral Blue Editions for the Galaxy S9 and S9+
UAE Team Emirates Blend Youth and Experience as They Announce Line-up for Italia...
Back to the 90s with GUESS Originals
RAYMOND WEIL Freelancer ACDC Limited Edition
Shop and earn Skywards Miles at The Dubai Mall
The Rado True Open Heart Automatic
Keep cool with Marks & Spencer's linen collection
Tommy Hilfiger introduces latest SS18 women's watch collection
TAG Heuer celebrates the 50th anniversary of the Gulf victory in the 24 Hours of...
Realty exhibition brings plethora of investment opportunities for expat Indians
Skyline Suhoor Night 2018
What's better than a good breakfast on your Birthday? One that is free!
The 22nd edition of Indian Property Show to take place in Dubai from 21-23 June 2018
Eberhard & Co. Scafograf Black Sheep
Dubai Tourism Launches State-of-the-art Airport Installation to Inspire Dxb Tran...
Make a style statement on your wrist
Learn to enhance your body and home energy quotient
EU Reinforces Position at the Forefront of Global Energy Transformation, Says IRENA
Fatima Bint Hazza Inaugurates Abu Dhabi Ladies' Club
Sharjah's Economic Realities Focal Point of Statistics and Community Development...
Saint Honore Allure Lady-Charming colour
KHDA accredited Parent Education Courses equip parents with positive parenting tools
Orolia Awarded $34 Million Contract to Deliver Personnel Recovery Devices to the...
TAG Heuer back at the 24 Hours of Le Mans
Abu Dhabi International Airport Achieves Sustainability Milestone
Emirates Motor Company wins prestigious global award for outstanding customer se...
Dubai Customs showcases its experience to Chinese delegates
RAYMOND WEIL celebrates the stellar world with the new Maestro Moon Phase
Abu Dhabi Airports Opens New Sleeping Facility for Transfer passengers in Terminal 3
DAMAC Properties to showcase five of its Dubai flagship properties at LPS Beijin...
Drive home in a Dodge RAM, dance with your favourite Looney Tunes stars and rev...
Hyperloop Transportation Technologies Signs Agreement for Commercial System in U...
A Fresh New Look to the World's Oldest Islamic Bank
The New Limited Edition Bremont Endurance - Tested Beyond Endurance on Trans-ant...
Swiss Soccerr Star Ricardo Rodríguez Signs With Lucerne-based Watch Manufa...
Connected aircraft to save aviation industry $15 billion per year and 21.3 mill...
Zurich launches Allocated Passive funds, offering investors a new, simple, low-c...
Why The Global Sukuk Market Is Stalling In 2018
Audi A8 most innovative model of 2018
Malabar Gold & Diamonds conducted ‘Safety for All' training in association with ...
Commitment and Protection – the increasing importance of DIFC Wills amid economi...
Rashid Hospital becomes the first in Dubai to implement sacral nerve stimulation...
Making the leap from leasing to UAE home owner
Dubai Cares launches ‘WASH UP! Girl Talk' program in Zimbabwe to promote healthy...
Infinix Partners With Google to Launch New Mobile Innovation in the Middle East ...