DMCC and Jafza to boost trade

DUBAI: DMCC - the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise - and DP World, UAE Region, through its subsidiary Jebel Ali Free Zone (Jafza) have signed a Collaboration Agreement that will bring warehousing solutions and logistic services to member companies registered in the DMCC Free Zone.

Speaking on the occasion, Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said, “Since its establishment almost thirty-five years ago, Jafza has played a crucial role in making Dubai the global centre for trade it is today. Under our agreement, DMCC member companies will gain access to all of Jafza’s state-of-the-art warehousing and logistical services at no extra charge through a single point of contact. This collaborative agreement provides a strong incentive for DMCC-based companies to leverage the facilities available at Jafza, while streamlining our business processes to support our customers.”

The agreement sees Jafza offer DMCC member companies the full use of their warehousing solutions and logistics services in Jebel Ali Free Zone, to encourage trading through the emirate. Furthermore, DMCC member companies will be exempt from registration and licensing fees related to this new service.

Mohammed Al Muallem, Chief Executive Officer and Managing Director of DP World, UAE Region and CEO of Jafza, said, “Collaboration is an essential part of growing together for our nation’s economy. Jebel Ali Free Zone is pleased to be offering a new benefit which will increase commercial activities through our facilities,”

Al Muallem added, “We have excellent multimodal connectivity which will be a boon for member companies at DMCC wanting to import and export goods in and through Dubai.

WAM