Officials from Jebel Ali Free Zone (Jafza), the premier Free Zone in the Middle East, will be addressing a seminar on October 15at the Kempinski Ciragan Palace as part of a 5 day roadshow being conducted to highlight the advantages Turkish companies can gain by using Jafza and Dubai as their hub of Middle East and Global operations.
Senior Jafza officials led by Ibrahim Mohamed Aljanahi, the Deputy CEO of Jafza and Chief Commercial Officer of Economic Zones World, Jafza parent company, will also be meeting one on one with Turkish companies to explain the Jafza advantage along with Dr. Mohamed Al Banna, Jafza's Vice President of Special Projects and Allocation, Jafza's Region Head for the Middle East and Africa Saood Alkhloofi, and Mania Merrikhi, Project Manager, Jafza Marketing and Communications.
Alkhloofi will take the participants through an introduction of Jafza and the key features, including the world-class logistics infrastructure and the world's largest logistics corridor under a single customs bond, comprising Jebel Ali Free Zone, Jebel Ali Port and Al Maktoum International Airport.
Seminar participants will also learn about a case study of a Turkish Fast Moving Consumer Goods / Food company operating out of Jafza from Erdem Sayit, General Manager, Banvit Middle East.
There are currently more than 90 Turkish companies operating out of Jafza, and the team is looking to enhance the trade ties with Turkey, bring more Turkish companies to Jafza and Dubai, and help them connect with one of the world's leading Free Zones.
Trade relations between the UAE and Turkey have a long history, and in recent years, the UAE's trade relations with Turkey have grown rapidly, with trade expected to reach US$ 15 billion by next year. Only three years ago, this number was at around US$ 5 billion annually.
Jafza's total trade volume with Turkey stands at around US $734 million for import, export and re-export, and has seen a combined annual growth rate of 22 percent over a ten year period, from 2004 to 2013.