DP World’s Jafza sees 40% higher new customer registrations in H1-21

DP World’s Jafza sees 40% higher new customer registrations in H1-21

DP World’s Jebel Ali Free Zone (Jafza) has recorded around 40% year-on-year (YoY) growth in new customer registrations during the first half (H1) of 2021, raising the total number of companies in Jafza to more than 8,700. The machinery and equipment, vehicle and transport, as well as retail and general trading segments have witnessed a rise of 188%, 100%, and 78%, respectively, in the number of new customers, according to a press release on Wednesday. In the meantime, Jafza has represented 23.9% of total foreign investments in Dubai. The total value of trade at the free zone amounted to $104.2 billion in 2020, contributing 32% of the total trade value of Dubai as of 2020. The said: