A high-profile Jafza delegation recently visited Japan and Hong Kong, where they held a series of meetings with leading enterprises representing a broad scope of economic activity. The delegation’s visit to Japan was primarily aimed at preparing the ground for the Dubai-Osaka Economic Partnership Forum to be held in the Japanese city of Osaka from December 21-23, 2005.
The two-member Jafza delegation, which comprised Ibrahim Al Janahi, Vice President, Sales, Jafza, and Abdullah Al Banna, Senior Marketing Manager of Jafza, were received in Japan by H.E. Saeed Alnouais UAE ambassador to Japan, and other senior Embassy officials. The delegation held wide-ranging deliberations with the Ambassador, where they discussed ways and means to ensure the success of the Osaka-Dubai Economic Partnership Forum as well as how to promote Jafza effectively in Japan.
“The visits to Japan and Hong Kong were extremely successful, having drawn tremendous investor response in both countries,” said Al Janahi. “Japan and Hong Kong are two of the most thriving economies in the world, and both have a business community globally reputed for its competitiveness. With a good majority of the companies there now looking to expand their operations to the Middle East, Jafza has successfully positioned itself as the premier investment destination in the region by highlighting the attractive investor benefits the free zone offers.”
The Jafza delegation met with a host of business leaders and key government representatives in Japan and Hong Kong, with a large number of leading companies from both countries expressing active interest in investing in Jafza. Among the companies that evinced keen interest to set up operations in Jafza are a major supplier of home improvement and construction tools, and a leading firm involved primarily in the supply of advanced automated logistic systems and equipment.
Abdullah Al Banna said, “There is now a perceptible enthusiasm among companies around the world to tap the excellent business climate offered by Dubai, and many firms looking towards Jafza as their Middle East base on account of its world-class infrastructure and top-quality facilities. This trend is particularly true of businesses based in fast-growing Asian countries such as Japan and Hong Kong. Our discussions with leading companies based in the two countries have yielded extremely positive results, with enterprises across the business spectrum expressing keen interest to invest in Jafza.”
Jafza has been aggressively promoting its state-of-the-art infrastructure and the attractive incentives it offers companies establishing facilities at the free zone, including 100 per cent ownership, simple administrative procedures, excellent connectivity and 50-year tax break, besides the convenience of a port within the zone.
