Financial Times’ FDi Magazine recognises Jafza the Best Free Zone in the Middle East for large multinationals
The UK based Financial Times’ FDi Magazine has awarded Jebel Ali Free Zone (Jafza) “Free Zone of the Year 2014, Large Tenants, Middle East and North Africa” as well as “The Free Zone of the Year 2014, Large Tenants, United Arab Emirates.”
FDi has selected Jafza for the twin awards on the basis of its facilities, ease of doing business, valuable incentives, value for money and its strategic location.
Salma Ali Saif Bin Hareb, CEO of Economic Zones World and Jafza, commenting on the FDi awards said: “We are delighted to be recognized as FDi Free Zone of the Year 2014 for “Large Tenants” – Middle East and North Africa, as well as, fDi Free Zone of the Year 2014 for “Large Tenants” – United Arab Emirates. The awards reaffirm Jafza’s unique position as the most favoured investment destination for large multinationals across the world. I attribute Jafza’s remarkable achievements to our most committed and efficient team that continues to help Jafza maintain its invincible leadership status today and the times to come.”
Jafza is currently home to over 7,300 world’s leading multinationals which includes 120 Global Fortune 500 companies. Most of these multinationals have chosen Jafza as their regional hub for serving West Asia, the CIS, Indian Subcontinent and Africa’s thriving markets.
By attracting world’s leading companies in the Free Zone Jafza has played a key role in positioning Dubai among the world’s top trade and business hubs.
Jafza today accounts for half of Dubai’s exports and more than a quarter of its total non-oil foreign trade. Jafza companies together are estimated to have generated trade worth USD 100 billion in 2013. Jafza companies also account for more than 50 per cent of the total Dubai destined and originated goods handled by the Jebel Ali Port. The Free Zone companies are also estimated to be contributing over 20 percent to Dubai International Airport’s freight. Jafza contributes 21 per cent to Dubai’s GDP on year to year basis.
Jebel Ali Free Zone
Jebel Ali Free Zone (Jafza) is Economic Zones World's flagship operation. One of the world's largest and the fastest growing free zones.
Established in 1985, Jafza today is spread over an area of 48 sq. km and is home to over 6400 companies, including over 120 of the Fortune Global 500 enterprises, from across the world. It is a leading driver of the burgeoning UAE economy. With its impeccable track record, Jafza stands for innovation, customer centricity, transparent operations and entrepreneurial dynamism.
As the leading business hub of the Middle East, Jafza focuses on long-term customer relationships and foster alliances with global investors by providing them with world class infrastructure supported with value-added services and incentives. It also offers the benefit of huge business opportunities from a potential market of over two billion people in the Middle East region. Its products include office units, warehouses, light industrial units and land on long term lease. Other value-added products include business centers, hotels for visitors and customized build-to-suit options.
Economic Zones World
Economic Zones World (EZW) is the global provider of sustainable industrial and logistics infrastructure solutions. The company aims to create a robust network of economic zones, technology, logistics and industrial parks as well as build-to-suit developments across the world with an objective to support the dynamic expansion of its rapidly growing international customer base. EZW’s current portfolio includes Jafza, Gazeley, TechnoPark and Dubai Auto Zone.
Jafza is Economic Zones World’s flagship operation and home to 6500+ multinational companies, including over 150 of the Fortune Global 500 enterprises. It is the region’s most efficient logistics hub and the only one in the world located between Jebel Ali Port and Al Maktoum International Airport, enabling the best in multi modal connectivity.
Also in the portfolio is Gazeley, one of Europe’s leading developers and providers of sustainable logistics and industrial spaces. Gazeley has strong presence in the UK, mainland Europe, China and India.
TechnoPark is the company’s research and development initiative in core economic sectors, including Energy, Water and Environment. It focuses on nurturing business ideas/new technologies in various fields, which could be quickly translated into real-world industrial operations.
Dubai Auto Zone (DAZ) is a comprehensive market place for the Auto Industry catering to buyers, sellers, service providers, principals and traders.
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