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DP World is the Jebel Ali Free Zone (Jafza) in the UAE. It aims to pave the way for the construction industry by participating in Big 5 in 2021. The event is one of the largest construction and contracting events in the Middle East and is scheduled to be held at the Dubai World Trade Center from September 12th to 15th.
Jafza’s participation in The Big 5 is considered very important because the free zone will provide a wide range of solutions that will enable major players in the region to enter new markets and develop their businesses. With strong logistics capabilities and broad coverage, Jafza has successfully supported more than 3,300 construction-related companies, and its trade volume in 2020 will reach 17 billion dirhams. This figure accounts for 29% of Dubai’s total construction-related trade in 2020.
DP World-Abdulla Bin Damithan, CEO and Managing Director, UAE Region and Jafza Said: “The construction and building materials industry is vital in Jafza because it is one of the main drivers of the free zone and is considered a key indicator of the development and prosperity of any country. The construction industry in the UAE will witness us a rebound in 2021. , The expected growth rate is 5.9%, and the average growth rate by 2025 is 2.0%. We firmly believe that we can contribute to these numbers and lay the foundation for construction and building materials companies, because we are the gateway to the Middle East and North Africa and other regions By participating in The Big 5, our goal is not only to improve the growth prospects of companies in the construction industry, but also to help them enter a broader market.”
Comprehensive trading hub
As a complement to Jafza’s capabilities, Jebel Ali Port provides access to more than 3.5 billion consumers in the MEASA region. The port can handle all types of cargo including bulk cargo through its general cargo terminal with 27 berths and a capacity of more than 1.4 million square meters. Its connections to more than 180 routes and more than 80 services per week make it an ideal destination for efficient export and transportation. Imported construction materials and other construction materials. In addition, competitive ocean freight rates, operational flexibility, land-side conversion, and other important facilities, such as land for storage, logistics and warehouses, give it a competitive advantage.
At this event, Jafza will also showcase the main products that make it an important pillar of the UAE economy. The strategic location of the free zone, the integrated business environment, and strong incentives such as 100% ownership, on-site customs, 0% import and export or re-export duties, and digital solutions for trade through Dubai, make the free zone the most favored The reputation of the base serves leading local and global players in the industry. These include Danube Building Materials, Conares, Emirates Rebar Limited, Schneider Electric, ArcelorMittal, Tata Steel, Baosteel, China National Building Materials, 3M Bay, Komatsu and Makita Bay, etc.
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