Jafza boosts UAE’s auto market growth with $12.4b trade volume

Jafza boosts UAE’s auto market growth with $12.4b trade volume

Jebel Ali Free Zone (Jafza), part of the DP World Group, facilitated over 1.2 million metric tonnes (MT) from Dubai’s total volume of around 4.8 million MT of vehicle and transport commodities in 2021, equivalent to $12.4 billion, more than a third of the total trade worth $31.3 billion. Jafza has been a significant contributor to the automotive industry’s progress in the country. Its logistics infrastructure and global trade network have ensured the steady rise of the automotive sector, connecting African, Asian and Middle Eastern traders to consumers across the world, it said. With companies from 70 countries and a workforce of nearly 8,000, Jafza’s infrastructure and trade volumes are an attraction for industry giants such as Ford, General Motors, Honda, Hyundai, Nissan, Mitsubishi, Volkswagen and Volvo. The free zone connects traders with more than 260 airports via Al Maktoum International Airport and over 150 ports with direct services to Jebel Ali Port. It also gives them access to the GCC road network and the Etihad Rail that will commence operations in 2023 and has the Jebel Ali Rail Terminal among the first stations in its network. Additionally, smart trading solutions and benefits such as 0 per cent VAT and