Maldives Minister of Economic Development visits Jafza
A three member Maldivian delegation led by His Excellency Mohamed Saeed, Minister for Economic Development, Republic of Maldives, visited Jebel Ali Free Zone (Jafza) last week to seek economic cooperation between Maldives and Jafza.
The delegation was received by Ibrahim Mohamed Al Janahi, Deputy CEO and Chief Commercial Officer of Jafza and his team including Adil Al Zarooni, Senior Vice President - Sales, Tariq Bin Ghalaita, VP - Sales, Europe and Ahmed Bin Hareb, Senior Manager-Sales, Americas, at the Free Zone. The visiting delegation and Jafza Management discussed ways to increase bilateral cooperation between Maldives and Jafza, which is considered the trade and logistics hub of the Middle East region comprising West Asia, the CIS, Africa and the Indian Sub-continent.
Ibrahim Al Janahi in his welcome address thanked Maldivian delegation for their keen interest in establishing closer commercial and trade ties with Jafza and Dubai. Al Janahi highlighted Jafza’s key value propositions as the region’s gateway and business hub. He also stressed on the fact that more than 7,300 world’s leading multi-nationals have made Jafza their home and serve the Middle East markets from their respective regional headquarters at the Free Zone.
Aljanahi said: “The Middle East in general and the GCC in particular is witnessing an economic boom which is largely driven by huge investments on developing economic infrastructure by most of the countries in the region who want to reduce their dependence on oil income. The UAE’s recent win to host World Expo in Dubai has provided further boost to this boom opening more opportunities for global businesses. I invite Maldivian investors to use Jafza’s excellent facilities to capitalize on these emerging opportunities in the region.”
Adil Al Zarooni in his presentation described Jafza’s unmatched facilities, services and its multimodal logistics capabilities which are further spruced up by logistics corridor that connects Jafza with Jebel Ali Port, the region’s largest container terminal and Al Maktoum International Airport, enabling the fastest cargo transfers from one mode to another.
Al Zarooni also briefed delegation on Jafza’s recent initiative to establish Halal Zone as a part of Dubai’s strategic focus to evolve into one of the world’s leading Islamic Economies. He also talked about the Jafza’s move to establish “matajircom” world’s first retail hub at the Free Zone.
HE Mohammed Saeed in his speech expressed his deep admiration for Jafza’s excellent business model and his thanks for their warm welcome and support in strengthening economic cooperation between Maldives and Jafza. He termed his visit very fruitful and hugely educating since Maldives is planning to establish its first free zone in the republic.
The UAE is Maldives one of the biggest trading partners accounting for approximately 33 percent of the Republics’ total imports. The bilateral trade between the two countries reached AED 943 million between 2009 and 2013.
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