Jafza enters 25th year of operations with 6,402 companies

Published April 6th, 2010 - 10:02 GMT

Jafza, the flagship free zone operation of Economic Zones World, entered the 25th year of operation in 2010 after marking impressive growth in 2009. Its world class facilities and high-end value proposition attracted 484 new companies, taking the total number of companies operating from the Free Zone to 6,402 in 2009. 

Jafza supported Dubai’s overall non-oil trade with an impressive contribution of USD 88.65 billion in 2008, with USD 49.7 billion in imports and USD 38.9 billion in exports, according to the Statistics Department of Dubai World.

“It has been an eventful year for Jafza with a series of developmental activities enhancing the free zone’s customer centric credentials,” Mr. Ibrahim Mohammed Al Janahi, Chief Commercial Officer, Jafza, said referring to the achievements. “The result of what we did is reflected in the number of new entrants into the community and the level of growth achieved by our existing clients. Our contribution to the economic growth of Dubai and the UAE has also increased substantially. Jafza has a lot more expansion plans taking final shape, which will drive us to the goal of becoming the number one free zone in the world,” he said.

Among the new companies who joined Jafza in 2009 are multinational giants and leading international players such as the US-based Halliburton, a Fortune 500 firm, DQE International, subsidiary of CNPC, China’s largest petroleum technology service enterprise, Saiga, largest manufacturer of heavy industrial machinery in Japan, AMES (a 50/50 joint venture company created by Air France Industries KLM Engineering & Maintenance; ‘specialized in the maintenance of aircraft engines for Airbus and Boeing’ and Aircelle, SAFRAN Group), and Michelin from France.

Most of the countries in the world are now represented in Jafza, making it one of the most global free zones in operation.

Jafza has seen uninterrupted year-on-year growth in the number of companies over the past 10 years along with corresponding increase in the number of their employees. In 2001 a total number of 56,663 people were employed by the 1,537 companies then operating from Jafza. The number has risen to 139,000 people in 2009.

The year 2009 also saw Jafza coming up with a number of value-adding projects and customer-oriented support services, including the innovative Light Industrial Unit-15 (LIU-15), the South Zone Warehouses/Showrooms, the revamped Project Ahlan customer service facility and EZ Post, the exclusive free zone courier service.  One of the key features of the re-conceptualized facility is the top of the line electronic queuing system that has reduced processing time of transactions by as much as 70 percent. Furthermore, this year Jafza ISO accreditation for its quality management system has been upgraded to ISO 9001:2008.

91 LIU/warehouses units covering an area of 52,409 square metres were leased out in 2009, a 15% increase compared to 2008.  The LIU 15 has been completely leased out, highlighting the facility’s user friendliness. LIU 15 is the first of its kind facility in the Free Zone to offer a 10-metre height allowance for maximum storage.

Jafza also became an integral part of the ambitious Dubai Logistics Corridor when Economic Zones World collaborated with Dubai Aviation City Corporation (DACC) in 2009 over the creation and implementation of the project. Dubai Logistics Corridor is designed to be the world’s largest multi-modal logistics platform that links sea, land and air to facilitate the transportation of goods in record time. The unified project with its extensive facilities is expected to considerably boost logistics operations in Dubai.

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