Flagship commercial complex, JAFZA One, marks remarkable year with 49% rise in customers
A total of 513 new companies chose Jebel Ali Free Zone (JAFZA) as their operational base in 2017, reaffirming its position as a destination of choice for businesses.
New companies represent a 9% increase in JAFZA’s portfolio compared with the 470 new companies that registered in 2016. The number of countries of origin also rose from 56 to 64.
JAFZA’s flagship commercial property, JAFZA One, achieved 42% growth in its customer base with a 20%i rise in occupancy and a 49% increase in leased offices, marking its best annual performance.
“Our ability to consistently outperform the industry even in adverse global economic conditions confirms the status of Jafza as a global destination for foreign companies keen on expanding across the Middle East and Africa markets,” commented Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World.
