Jafza’s AED3.5bn food valley set to attract companies at Gulfood 2022

  • Date: 14-Feb-2022
  • Source: Emirates News Agency
  • Sector:Economy
  • Country:UAE
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Jafza’s AED3.5bn food valley set to attract companies at Gulfood 2022







DUBAI, 13th February, 2022 (WAM) -- Jebel Ali Free Zone’s (Jafza) F&B cluster plays an integral role in the UAE’s aspirations to achieve global competitiveness.

Generating an estimated 20 per cent of Dubai’s total F&B trade, 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 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. We rely on Jafza, the leading trade and logistics hub to accomplish this. The free zone’s ability to cater to diverse F&B industries and support farm-to-shelf supply chain activities is unmatched."

Jafza’s integrated F&B cluster caters to a diverse array of segments in food manufacturing and