UAE Business: Jafza registers 40% growth in new customers in H1 – Gulf Digital News

UAE Business: Jafza registers 40% growth in new customers in H1 – Gulf Digital News

DP World’s flagship Jebel Ali Free Zone (Jafza) witnessed a robust new customer growth of nearly 40% year-on-year in the first half (H1) of2021, taking the total number of companies in Jafza to over 8,700.



Some of the industry segments in Jafza observed a significant rise in figures, with Machinery and Equipment witnessing an increase of 188 per cent, Vehicle and Transport seeing a 100 per cent surge and Retail & General trading growing by 78 per cent.



As a major contributor to Dubai’s economy, Jafza is a leading source of FDI inflow into the emirate, accounting for 23.9 per cent of total foreign investment. The free zone generated trade worth $104.2 billion in 2020. These figures contribute 32 per cent of the total trade value of Dubai as of 2020.

Spurring economic progress in the UAE



The free zone’s ideal location alongside the region’s largest deep-sea Jebel Ali Port, its multimodal connectivity and proximity to the Al Maktoum International Airport, the much-awaited Etihad Railway and key regional highways has proved to be a major attraction for companies.



Additionally, Jebel Ali Port and Jafza’s combined capabilities and their collaboration with Expo 2020 Dubai have contributed to the surge in business. The Jebel Ali hub ensured