Jebel Ali Free Zone Explained

Jebel Ali Free Zone (Jafza)
Native Name:المنطقة الحرّة لجبل علي
Native Name Lang:ar
Romanized Name:al-Munṭaqa al-Ḥurra le Jabal ʿAlī
Type:Developer and Operator
Area Served:Global
Industry:Logistics, Warehousing, Economic Trade Zone, Real Estate, Property
Products:Business Centres, Office Space, Warehouses, Plots of Land and Retail Space
Num Employees:350+
Parent:DP World
Homepage:www.jafza.ae
Foundation:1985
Location City:Dubai
Location Country:United Arab Emirates

Jebel Ali Free Zone (Jafza; Arabic: (جافزا) 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. Jebel Ali Free Zone (Jafza) is the flagship free zone of DP World, and is an integral part of DP World UAE's integrated business hub. Created under a Ruler's Decree, Jafza commenced operations in 1985 with 19 companies offering 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.

As of 2023, Jebel Ali Free Zone (Jafza) hosts over 9,500 companies.[2] [3]

Overview

The Jebel Ali Free Zone (Jafza) is a free zone and a community. Businesses in industries such as logistics, electronics & electrical, automotive, food and agriculture, e-commerce, petrochemicals, and many more are based in Jafza.

Its proximity to Jebel Ali Port, Al Maktoum International Airport, and the Expo 2020 Dubai site has helped it carry out global trade.

History

After the opening of the Jebel Ali Port in 1979, a free economic trade zone was set up by decree of the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum.

Jafza commenced operations in 1985 with 19 companies offering standard-sized office units and warehouses to provide ready-built facilities to customers. With the growing need for businesses to have office spaces in 1986, Jafza created its first set of office buildings in the free zone. In 1990, Jafza expanded its facilities to include light industrial units.

In 1998, Jafza mid-rise office buildings were constructed. Today, the mid-rise buildings called Jafza 14, Jafza 15, Jafza 16 and Jafza 17 are the primary office buildings of the free zone. Jafza 17 serves as the headquarters for DP World.

In 2007, Jafza integrated government services and enabled Jafza businesses and employees to access services from Dubai Government Departments within the free zone. In 2008, Jafza inaugurated Jafza Views 18 & 19, which are a 29-story high-rise buildings.

In 2009, the Jafza Showrooms and retail spaces located on the opposite side of Gate 4 after Sheikh Zayed Road were created.

Further expansion and the growth of the free zone prompted Jafza to create commercial property Jafza One in 2016, also housing the Jafza One Convention Centre.

As of 2023 Jafza is a house to 9,500 companies including 100+ Fortune Global 500 companies.

Location

Jafza is spread over 57 square km in the Jebel Ali area at the far western end of Dubai, on the Skeikh Zayed Road (E11).[4]

Economy

More than 10,500 global companies are based in Jafza.[5] 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 sustains the employment of more than 144,000 people in the United Arab Emirates. In 2015, Jafza generated trade worth US$169 billion.[6]

External links

Notes and References

  1. Web site: JAFZA business inside. 19 November 2015. 17 November 2015. https://web.archive.org/web/20151117144151/http://business-dubai.com/services/business-setup/Jebel-Ali-Freezone/. dead.
  2. Web site: Jafza records 30% growth in new customer registration in 2022 . 2023-03-28 . Jebel Ali Free Zone (Jafza) . en-US.
  3. News: 2023-03-08 . Jafza records 30% growth in new customer registrations in 2022 . Government of Dubai Media Office .
  4. Web site: Where is Jafza located?. 2022-02-15. Jebel Ali Free Zone (Jafza). en-US.
  5. Web site: About Jafza. 2022-02-15. Jebel Ali Free Zone (Jafza). en-US.
  6. Web site: Jafza: At the forefront of innovation. 29 December 2016. www.khaleejtimes.com.