Jafza, Dubai Chamber mission to Brazil marks success

Published December 17th, 2009 - 03:35 GMT

Jafza, Economic Zones World’s flagship free zone operator, and Dubai Chamber of Commerce & Industry successfully concluded their first trade mission to Brazil, opening up possible new avenues of co-operation and more investments in several key sectors.

The Brazilian visit by a delegation of senior officials from the two entities aimed at promoting Dubai’s and the UAE’s status as the most attractive investment destination in the region as well as highlighting the world class services the Jebel Ali Free Zone and Dubai Chamber offer.

Over a hundred Brazilian companies took part in the seminar entitled “Dubai - Unlimited Business Opportunities” held in the city of Sao Paulo, Brazil's business hub. Additionally, meetings with governmental officials also took place in Sao Paulo and the capital city Brasilia during November 30 - December 4.

Dr. Mohammed Al Banna, Vice President Commercial Sales, and Mansoor Al Bastaki, Sales Manager, represented Jafza in the delegation while Hassan Al Hashemi, Director, External Relations, led Dubai Chamber delegation

The event, which included a seminar and high level meetings, was organised by Apex-Brasil, the Brazilian trade and investment promotion agency. Geraldo Alckmin, Secretary of Development, State of Sao Paulo, opened the seminar where Dr. Mohammed Al Banna and Hassan Al Hashemi addressed the gathering of Brazil’s major industry leaders and government officials.

The response from the Brazilian business community has been very positive in exploring possible investment areas. The focus was on attracting companies in healthcare, energy, logistics and transportation, agriculture and foodstuff which is a high-growth industry in Brazil.

“Our first road show in Brazil was a huge success,” Mohammed Al Banna said about the mission. “We could evoke keen interest among business leaders there in Dubai’s unmatched infrastructure facilities and value-added free zone advantages. Jafza looks forward to seeing more Brazilian companies here. We thank Apex Brazil for the effort to promote bilateral ties,” he said.

Hassan Al Hashemi said: “The business mission to Brazil comes in line with Dubai Chamber’s objectives of promoting Dubai as a pioneering international business hub and highlighting Dubai’s investment opportunities. Dubai Chamber is committed to strengthening the business and trade ties between Dubai’s business community and high potential foreign markets as part of its efforts to support and protect the interests of the business community in Dubai.

Al Hashemi added that the outbound delegation to Brazil is another step towards fulfilling the Chamber’s commitment to serve the business community with all possible means, pointing out that the trade mission reaped fruitful results that will reflect soon with more bilateral cooperation.

The Jafza-Dubai Chamber delegation held meetings with senior government and corporate officials from the Arab- Brazilian Chamber of Commerce, the Sao Paulo Chamber of Commerce, National Confederation of Industry, Federation of Industries, Sao Paulo, National Confederation of Trade, Ministry of Development, Industry and Foreign Trade, and Parliamentary Group Brazil – UAE.

Jafza is a major contributor to the growing ties between Dubai and Brazil. There are about 15 Brazilian companies based in Jebel Ali Free Zone where Apex Brazil operates its business centre to offer support services.

Jafza had in the past collaborated with Dubai Chamber on the Dubai Hamburg Business Forum, a joint venture between Dubai Chamber and Hamburg Chamber of Commerce aimed at enhancing the business ties between Dubai and Hamburg and exploring investment opportunities in both cities.

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