Jafza Registers 19 Percent Trade Growth In 2021, Overcoming Global Economic Headwinds #Dubai - Dubai City Guide
Guest Posts, Link Building, SEO, Pay-Per-Click campaigns
Advanced Search
Download our Media Kit

Restaurants

Education


 





Home / News / Local News
Local News
   

Jafza Registers 19 Percent Trade Growth In 2021, Overcoming Global Economic Headwinds
(31 August 2022)

 

Underpinning its status as a key pillar supporting Dubai’s economy, DP World’s flagship Jebel Ali Free Zone (Jafza) generated over AED454.7 billion in trade in 2021, up 19 percent year-on-year. The rise in trade compares to the AED382.8 billion facilitated by Jafza in 2020.

Complementing this growth was an 18.6 percent increase in the number of new companies registered in the free zone, bringing the total number to more than 9,000.

More than 25 percent of the new companies registered in the free zone belonged to the retail and general trading segment, the highest representation in Jafza. This was followed by electronics and electrical with a nearly 10 percent rise, and the vehicle and transport sector which had more than 9 percent rise in numbers.

Several sectors in the free zone also recorded significant improvements in trade. The electrical and machinery sector topped, followed by construction materials, consumer electronics, and auto parts and spares.

Abdulla bin Damithan, CEO & Managing Director, DP World UAE & Jafza, said, "We are proud of what we have achieved over the years, especially since 2020, considering the challenges that reshaped global supply chains. Even as the pandemic disrupted trade operations, we succeeded in maintaining business continuity for our clients and us because of our investments in technology and advanced infrastructure. These enabled smooth operations and placed us ahead of our competition. Building on our success, we will continue investing in digital platforms alongside our partners to ensure seamless cargo flows."

The growth in Jafza’s trade gains even greater significance considering it was achieved in a challenging year that saw ports worldwide deal with congestion due to lockdowns and other restrictions. However, trade from Jafza continued to flow seamlessly due to its proximity to the region’s largest deep-sea port, Jebel Ali Port, and Al Maktoum International Airport, as well as its multimodal connectivity model.

Utilising the capabilities of Dubai Trade, a single window integrated e-platform for traders and logistics companies, Jafza customers can easily access data from the global supply chain. The digital service provides details on vital information related to various commodities right from its production sources and offers instant quotes to help cargo owners secure the best deals.

Adding to these advantages provided to Jafza customers is the newly established Yiwu Market, which sits at the heart of the free zone. This is the first smart free-zone market in the Middle East, catering to retail and wholesale industries and revolutionising trade in the region by providing advanced end-to-end solutions. These factors have all combined to enable the success of Jafza as an ideal business hub, facilitating trade across the globe.

We accept Guest Posts


DubaiCityGuide.com is owned and managed by Cyber Gear



  All fields are mandatory
Your Name
Email
City
Country
Your Comments
 Max 250 characters - Word Count :
Image Verification
Change Image

     
 
email print
 

Sponsored By : PressReleaseNetwork.com           Sponsored Opportunities

       
       
   
       

Hotels hotels Check out Hotels in Dubai
Shopping shopping A complete Mall & Store Guide
Dining dining Eating out at the coolest spots
Sightseeing sightseeing Things to see & do
DCG Recommends dcg recommends Best of the best in Entertainment
News Alerts
News Alerts
Stay ahead with dubai news
dcg mobile
dcg Mobile
With you wherever you go
rss feed
RSS Feeds
Get the latest
dubai blog
Dubai Blog
Your space, your voice
sitemap
Sitemap
DCG at a glance