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Dubai: DP World, UAE Region’s Jebel Ali Free Zone (Jafza) seeks to pave the way for the construction industry with its participation in The Big 5 2021. One of the largest construction and contracting events in the Middle East region, the event is scheduled to take place from 12-15 September at the Dubai World Trade Centre.
Jafza’s participation at The Big 5 is considered of exceptional importance, as the Free Zone will offer a wide range of solutions that will enable key players in the region to tap into new markets and grow their business. With its robust logistics capabilities and expansive reach, Jafza succeeded in supporting over 3,300 construction-related companies, enabling trade worth AED17 billion in 2020. This figure accounts for 29% of total construction-related trade in Dubai in 2020.
Abdulla Bin Damithan, CEO & Managing Director, DP World - UAE Region and Jafza said: “The construction and building materials sector is vital in Jafza, as it is one of the main drivers in the free zone and is also considered as the key indicator for the development and prosperity of any nation. The construction industry in the UAE will witness a rebound in 2021 with a predicted growth of 5.9% and average growth of 2.0% through 2025. We firmly believe that we can contribute to these figures, setting the stage for construction and building materials companies, as we are the trade gateway to the MENA region and beyond. With our participation in The Big 5, our goal is to not only improve growth prospects for the companies in the construction sector, but also help them reach wider markets.”
An integrated hub for trade
Supplementing Jafza’s capabilities, Jebel Ali Port offers access to over 3.5 billion consumers in the MEASA region. The port can handle all types of cargo including breakbulk through its general cargo terminal that has 27 berths and a capacity of over 1.4 million sqm. Its connectivity with more than 180 shipping lines and over 80 weekly services make it the ideal destination for efficient export and import of building materials and other raw materials used in construction. Additionally, the competitive ocean freight rates, operational flexibility, landside conversion and other salient facilities like land for storage, logistics and warehouses give it a competitive edge.
At the event, Jafza will also exhibit its key offerings that have made it a crucial pillar of the UAE’s economy. The Free Zone’s strategic location, integrated business environment and robust incentives like 100% ownership, onsite customs, 0% duties on import/export or re-export and digital solutions via Dubai Trade have given the free zone the reputation of being the most preferred base for leading local and global players in the sector. Some of them are Danube Building Materials, Conares, Emirates Rebar Limited, Schneider Electric, ArcelorMittal, Tata Steel, Baosteel, CNBM, 3M Gulf, Komatsu and Makita Gulf, among others.
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For media enquiries please contact:
Noel David Francis
Executive - PR & Media
Communications
DP World UAE Region
T: +971 4 8897739
Noel.Francis@dpworld.com
Abdurrahman Mahanna
Executive - PR & Media
Communications
DP World UAE Region
T: +971 4 889 7913
AR.Mahanna@dpworld.com
About Jebel Ali Free Zone (Jafza)
Jafza is one of the world’s leading free trade zones and is home to over 8,000 multinational companies. Jafza accounts for 23.9% of total FDI (Foreign Direct Investment) flow into Dubai, sustaining the employment of more than 135,000 people in the United Arab Emirates. In 2019, Jafza generated trade worth USD 99.5 billion.
Strategically located at the crossroads of a region providing market access to over 3.5 billion people, Jebel Ali Port and Free Zone create an integrated multi-modal hub offering sea, air and land connectivity, complemented by extensive logistics facilities. The Port and Free Zone contributed 33.4% of Dubai’s GDP in 2017.
Jafza is the leading business hub between Asia, Europe and Africa, connecting some of the fastest-growing manufacturing and consumer markets globally. With over 30 years’ experience, Jafza focuses on long-term customer relationships, building alliances with global investors and providing world-class infrastructure and support. In addition to quality-driven value-added services and incentives, Jafza is a business opportunity enabler, offering its customers easy and efficient access to substantial business opportunities in the region.
© Press Release 2021
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