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Jafza's Trade With China Reaches More Than USD 12 Billion

2016-05-13 17:37
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DUBAI, United Arab Emirates--()--Jebel Ali Free Zone (Jafza), Dubai and the UAE’s flagship trade and logistics hub for the Middle East region, comprising West Asia, the CIS, Africa and the Indian Subcontinent, seeks to highlight the Free Zone’s status as the gateway and logistics hub for the region to Chinese investors during the upcoming roadshow in China. The 5-day Jafza event, commencing May 16-20, will cover two leading Chinese commerce and manufacturing centers – Shenzhený and Qingdao.

The Jafza team, led by Sultan Ahmed Bin Sulayem, DP World Group Chairman and CEO, Chairman of the Ports, Customs ýand Free Zone Corporationý, will include Ibrahim Mohamed Aljanahi, Deputy CEO and Chief Commercial Officer.

The delegation will hold meetings with senior officials in the Chinese Government and organize business seminars in its major industrial cities. These activities aim to introduce Jafza’s investment opportunities to Chinese business entities wishing to expand their operations and presence in the Middle East using Jafza - the region’s most efficient logistical hub.

Sultan Bin Sulayem stressed that the friendly relationship between the UAE and China is supported by the leaders of the two countries, noting Jafza’s keenness to promote economic cooperation in order to foster bilateral trade. He said that China is still Jafza’s largest trading partner, with trade value worth USD 12 Billion in 2015. Jafza includes more than 230 Chinese companies from different sectors.

Bin Sulayem also noted that the UAE has been one of China’s biggest export markets in the MENA region for many years. He continued that the Free Zone plays a crucial role in re-exporting Chinese goods and products to different countries throughout the world.

Jafza will also organize two business seminars in Shenzhen and Qingdao under the theme “Dubai, the Business Hub for the Middle East & Africa” to highlight Dubai’s strategic importance as a logistical center that facilitates reach to prosperous markets that include more than two billion consumers in the Middle East. The seminars will provide detailed information on the main features and incentives offered by Jafza to new companies, including state-of-the-art infrastructure; legislative systems and laws that encourage investments; tax exemptions for individuals and companies; and sophisticated means for land, sea and air logistics.

*Source: ME NewsWire

 

Contacts

Jebel Ali Free Zone
Bassam Rjoob, +971-4-801-0564 / +971-50-991-5444
Bassam.rjoob@ezw.com