JAFZA – best free zone in the world 2017

PUBLICATIONS / Articles / 2017 / JAFZA – best free zone in the world 2017
Dubai’s Jebel Ali Freezone (JAFZA) has been called the world’s best free zone for 2017 in key categories of the FDi magazine’s annual awards for global free zones.
 

JAFZA won Free Zone of the Year 2017 for large tenants in the region and internationally. Also, the free zone was highly praised in the Middle East Global Overall categories. The free zone was assessed based on its facilities upgrades and contribution to the UAE’s national economy.

The free zone and Jebel Ali Port contribute 21 percent of Dubai’s GDP and play a key role in diversifying Dubai’s economy by attracting international companies that add value to the national economy. Moreover, JAFZA has 7000 companies in its registry including 100 or the Global Fortune 500 companies. The free zone’s total trade volume was $80.2 billion in 2016, and its companies have more than 135,000 employees. The majority of the companies have established regional headquarters in JAFZA to provide service in the Middle East, West Asia, Africa, the Commonwealth of Independent States, and the Indian subcontinent.

 

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