Dubai / WAM
Jebel Ali Free Zone Authority (Jafza) registered 52 new companies in the automotive and aeronautics industry, bringing the total number to more than 435 companies from 60 countries. Trade volume from 2010 to 2014 also rose by almost 80%.
Jafza, the flagship free zone entity of Dubai and the trade and logistics hub for the wider Middle East region, organised a forum for its customers from the Automotive and Aeronautics Industry. The Forum was attended by senior officials from leading companies in this sector, Jafza management and Free Zone partners.
Sultan Ahmed Bin Sulayem, CEO & Chairman of DP World and Chairman of Ports, Customs and Free Zone Corporation said that Automotive & Aeronautics sector continued growth reflects the Free Zone’s strength as a regional and global hub for the Automotive sector. Evolution of Jafza as one of the leading free zones in the world is attributed to the guidelines provided by Vice President and Prime Minister and Ruler of Dubai, HH Sheikh Mohammed Bin Rashid Al Maktoum, that focused on “growth driven by creativity and innovation.”