Jebel Ali Free Zone

Jebel Ali Free Zone (Jafza; Arabic: المنطقة الحرّة لجبل علي al-Munṭaqa al-Ḥurra le Jabal ʿAlī) is a free economic zone located in the Jebel Ali area at the far western end of Dubai, United Arab Emirates, near Abu Dhabi. Created under a Ruler's Decree, Jafza commenced operations in 1985 with standard size office units and warehouses to provide ready built facilities to customers.[1] In 1990 Jafza expanded its facilities to include light industrial units. It is the world's largest free zone.[2]

Jebel Ali Free Zone (Jafza)
Native name
المنطقة الحرّة لجبل علي
al-Munṭaqa al-Ḥurra le Jabal ʿAlī
Developer and Operator
IndustryLogistics, Warehousing, Economic Trade Zone, Real Estate, Property
Founded1985
Headquarters
Dubai
,
United Arab Emirates
Area served
Global
Key people
Sultan Ahmed Bin Sulayem - Group Chairman and CEO DP World Mohammed Al Muallem - CEO Jafza
ProductsBusiness Centres,Office Space, Warehouses, Plots of Land and Retail Space
Number of employees
350+
ParentDP World
Websitewww.jafza.ae

Accessibility

Jafza is spread over 57 square kilometres on both sides of Sheikh Zayed Road, and is accessible via road, and the Danube and UAE Exchange stations of the Dubai Metro Red Line.

Economy

More than 7,000 global companies[3] are based in Jafza. This includes approximately 100 of the Fortune Global 500 companies. Jafza accounts for almost 32 per cent of total FDI (Foreign Direct Investment) flow into the country. The free zone contributes 21 per cent of Dubai's GDP on a yearly basis and it sustains the employment of more than 144,000 people in the United Arab Emirates. In 2015, Jafza generated trade worth $87.6 billion.[3]

See also

References
  1. "JAFZA business inside". Retrieved 19 November 2015.
  2. "Dubai's economy: Growing up". The Economist. Dubai. 6 June 2015. Retrieved 7 June 2015.
  3. "Jafza: At the forefront of innovation". www.khaleejtimes.com. Retrieved 2017-06-04.



This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.