Jafza records 30% growth in new customer registrations in 2022

Jafza records 30% growth in new customer registrations in 2022

DUBAI, 8th March, 2023 (WAM) -- DP World’s Jebel Ali Free Zone (Jafza) witnessed the highest customer registrations in a decade, marking a 30 percent year-on-year growth, and taking the total number of companies to over 9,500 in 2022.

The Free Zone zone has created unparalleled opportunities in a variety of sectors through end-to-end logistics solutions, digital trade platforms and access to DP World’s global portfolio offering trade enablement support at every step of the supply chain.

During the past 10 years, Jafza has seen a 13-fold increase in logistics customers, while the vehicle and transport segment saw a compound annual growth rate of 26 percent. The increased reliance on manufacturing, logistics and e-commerce opened new market opportunities for retailers and general traders and created a demand for logistics and transport companies to handle the movement of goods through the Free Zone.

China and India remain key trade and economic partners for the Free Zone. The number of newly registered Chinese companies in Jafza saw a 4X increase in 2022, indicating a post-pandemic, healthy demand from the Far East. In recent years, the UAE and China have strengthened their relationship through initiatives such as the Belt and Road Initiative and the UAE-China Economic