Dubai: Dubai's non-oil foreign trade through the free zones jumped 30.15 per cent reaching Dh143 billion during the first nine months of 2006, compared to Dh127 billion recorded for the same period in 2005, a statement by Dubai World, said.

Jebel Ali Free Zone (Jafza) had the biggest share of 68.81 per cent at Dh98 billion, followed by the Dubai International Airport Free Zones at Dh37 billion, which is 26.14 per cent of the total non-oil free zone trade, while the Dubai Multi Commodities Centre at Dh4.3 billion represents three per cent and the Dubai Auto Zone at Dh2 billion (1.6 per cent).

Success

"The figures confirm the substantial growth witnessed by free zones as a consequence of attracting foreign investments looking for a safe haven in the region," the statement said.

China tops the list of Dubai's main non-oil import destination through free zones, accounting for Dh13.8 billion or 16.7 per cent of the total, followed by Japan with Dh8.3 billion or 10 per cent, USA with Dh5.8 billion (seven per cent) and Finland with Dh5.7 billion (6.9 per cent).