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: Free Zones in the UAE |
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Jebel Ali Zone
Free Zone
[JAFZA] |
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Export Development Corporation and Jafza Sign MoU
Dubai Export Development Corporation (EDC) and the Jebel Ali Free Zone Authority (Jafza) member of Economic Zones World, have signed a Memorandum of Understanding (MoU) confirming their joint commitment to contribute to Dubai’s economic development by fostering its external trade potential.
EDC predicts a 10% increase in export performance of Jafza-based companies in terms of exports value, market reach and enhanced operational efficiency post the rolling out of this agreement.
The relationship will allow EDC, in close coordination with Jafza management, to efficiently implement its service offerings to Jafza-based exporters. EDC will further ensure that Jafza companies are well positioned to maximising their business potential. EDC will also have access to relevant trade information regarding Free Zone companies which will assist in the development of subcontractor relationships in the emirate.
Salma Hareb, CEO, Economic Zones World, said: “Jafza is keen on creating strategic partnerships with various corporations and authorities with the aim of developing and facilitating the business of companies based in the Free Zone. The signing of this MoU with EDC underlines our commitment to support the export growth thereby enhancing the development of the national economy.
“Jafza is home to a multitude of leading export focused companies. The MoU will create more opportunities for these businesses to expand into newer regions in addition to reinforcing their status in the countries they operate in,” she added.
By sharing relevant information and ideas through close customer interaction, the two parties aim to further simplify export procedures. |
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Courtesy Khaleej Times
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Hot
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