Jebel Ali Free Zone (Jafza) Attractive Strategies
Jebel Ali Free Zone (Jafza), located in Dubai, has successfully attracted Chinese companies.
Through its proactive outreach, investor-friendly policies, and strategic location.
Let’s outline the main strategies followed by Jafza:
Investment Roadshows:
Jafza actively organizes roadshows in China, specifically targeting major industrial cities like Shenzhen and Qingdao.
During these events, Jafza’s team engages with Chinese investors, showcasing the benefits of setting up operations in Jafza.
Meetings with Chinese Government Officials:
Jafza’s delegation holds meetings with senior officials in the Chinese government.
These interactions help introduce Jafza’s investment opportunities to Chinese businesses interested in expanding their presence in the Middle East.
Strategic Positioning:
Jafza operates under a free zone model, which means there are no foreign ownership restrictions.
This flexibility makes it an attractive choice for international investors looking to establish companies in the region.
Trade Volume and Re-Export:
China remains Jafza’s largest trading partner, with a trade value of AED 46.4 billion in 2015.
Jafza plays a crucial role in re-exporting Chinese goods to different countries worldwide.
Additionally, Jafza’s participation in initiatives like the revival of the Silk Route reinforces Dubai’s global position and connectivity.
Facilitating Trade Between the UAE and China
In 2023, Jebel Ali Free Zone facilitated trade worth $21.5 billion between the UAE and China, accounting for 27% of the UAE’s non-oil trade with China.
This underscores the significant growth potential and the pivotal role of these economic zones.
Abdullah Al Hashemi, CEO of Operations, Shared Services & Free Zones at Dubai World, highlighted China’s leadership in solar energy.
Chinese companies invest significantly in solar R&D, making the UAE an excellent place to leverage available opportunities.
The UAE aims to generate 75% of its energy from clean sources, and China serves as a solar energy model.
Moreover, the Belt and Road Initiative has significantly impacted global trade.
Dubai, strategically positioned as a trade gateway, connects Asia, Africa, and Europe.
Jafza, with over 400 Chinese companies, provides an attractive environment for regional headquarters, manufacturing, and distribution centers.
His Excellency Hussain Ibrahim Al Hammadi, UAE Ambassador to the People’s Republic of China, stressed that the United Arab Emirates and the People’s Republic of China have strong and solid relations that have historically been based on mutual respect, interests and a shared… pic.twitter.com/6ZA6P5RBZM
— UAE Voice (@uae_voiceeng) August 23, 2024
Products
China’s electric vehicle industry is booming, over 200,000 Chinese electric cars will pass through Jebel Ali Port in 2024.
Compared to the previous year, presenting promising collaboration opportunities.
Moreover, China heavily invests in renewable energy, and the UAE can distribute these products to other Gulf Cooperation Council (GCC) countries and Africa.
Because DP World offers efficient access from Dubai to over 300 global cities.
Including more than 90 weekly shipping services connecting major Chinese ports.
