JAFZAJebel Ali Free Zone Authority
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Dubai: The Jebel Ali Free Zone (Jafza) and Danube group have signed an agreement to train unskilled workers in Jafza at the Danube Welfare Centre.
At the seminar, Jafza introduced Dubai as the industrial and manufacturing hub of the region, highlighting the Emirate's Industrial Strategy launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and the Ruler of Dubai, and the incentives on offer at Jafza to manufacturing companies.
Dubai's Jebel Ali Free Zone (JAFZA) is confident it can refinance a $2.04-billion Islamic bond due next year without government support and it does not rule out asset sales to help raise funds, its chairman said on Tuesday.
Jafza accounts for more than a quarter of Dubai's total trade, in line with its performance since 2001 as a consistent contributor to the emirate's economy.
Al Janahi, inviting the Tunisian businesses to join JAFZA, said: "With its excellent value driven business offerings JAFZA has today attracted over 6000 of the world's finest businesses including 120 of the Global Fortune 500 companies to the free zone facilitating them to strengthen their presence in the Middle East markets and at the same time driving economic development in the UAE and the region.
Jebel Ali Free Zone (Jafza) has opened the Jafza Bridge for traffic, linking Jafza North and Jafza South across Sheikh Zayed Road.
"Our endeavour is to become the telecom partner of choice, and we are pleased to be partnering with Jebel Ali Free Zone (Jafza), and our new Business Centre in a prominent area will enable us to empower over 7,000 businesses and 135,000 employees with more choice and improved connectivity.
Sultan Ahmed Bin Sulayem, Group chairman and CEO of DP World, said: "The value and volume of trade through Jafza underlines the strength of the national economy and its ability to adapt to global trading conditions, create investment opportunities and open up new markets to exports from the UAE."
According to Jafza, 55% of the new companies are from the Middle East region, while 22% are from Asia-Pacific, 16% from Europe, 4% from Africa, and 3% from North America.
Mattar Al Tayer, director-general and chairman of the Board of Executive Directors of RTA, said that the project, which is situated near the 10th interchange of Shaikh Zayed Road, comprises the construction of a dual carriageway of three lanes in each direction to link the traffic movement between Jafza North and Jafza South across Shaikh Zayed Road.