Middle East Business: Jafza’s F&B cluster generates 20pc of Dubai’s F&B trade – Gulf Digital News

Middle East Business: Jafza’s F&B cluster generates 20pc of Dubai’s F&B trade – Gulf Digital News

The AED13.5 billion ($3.67 billion) food innovation and distribution cluster at the DP World’s leading trade and logistics hub, Jebel Ali Free Zone (Jafza), is acting as a catalyst for the exponential growth of F&B businesses in the UAE and the Middle East.

Generating an estimated 20 per cent of Dubai’s total F&B trade, the free zone’s F&B cluster plays an integral role in the UAE’s aspirations to achieve global competitiveness, Jafza said in a statement. 

Jafza’s F&B cluster offers a plethora of lucrative incentives, such as customs, no corporate tax and VAT exemptions, all of which drive its continued growth plans. 

By deploying and embracing the latest trends in food manufacturing and distribution, the free zone drives local food production in the country, contributing to realising the UAE’s National Food Security Strategy 2051 targets.

Ahmad Al Haddad, Chief Operating Officer, Parks and Zones, DP World UAE said: “The F&B industry is rapidly evolving as a result of new industry trends and technological advancements. As a global food logistics and manufacturing hub, the UAE’s role is consequential. Hence, to ensure its diversification and increase investments and trade figures, identifying attractive opportunities in the F&B market is essential. To