GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Government, Legal and Humanity

 
  Share

MoU in line with proactive efforts to boost Dubai's leadership position as global trade hub & enhance support to Expo 2020

February 1, 2020: In a bid to further contribute to enhancing trade flow in Dubai's leading free zones, DP World, UAE Region and Dubai South signed a Memorandum of Understanding (MoU) to enable its flagship Free Zone, Jebel Ali Free Zone (Jafza) and Dubai South to facilitate the seamless entry and exit of goods between them and enhance services to their customers.

The agreement was signed between H.E. Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, and Mohammed Al Muallem, CEO & Managing Director of DP World, UAE Region, and CEO of Jafza at the Dubai South headquarters in the presence of senior management executives and officials of both organizations.

H.E. Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, said: “In line with the vision of our leaders to maintain Dubai's excellence in the facilitation of goods and services, the signing of agreement with DP World is part of our proactive efforts to ensure more efficient operations and, thereby, smoother transport of goods between the Dubai South and Jafza. This will provide great benefits, especially for companies and participants of the upcoming Expo 2020, which will require easy processing of their entry and exit between these free zones.”

Mohammed Al Muallem, CEO & Managing Director of DP World, UAE Region and CEO of Jafza, said: “DP World, UAE Region and Dubai South have taken a major step towards further enhancing the logistics and supply chain efficiencies required to support the on-going work at Expo 2020 site.

As the Premier Global Trade Partner of Expo 2020, DP World's flagship Jebel Ali Port is the principal gateway to Expo-related cargo. We believe the thousands of companies using the port and operating out of Jafza and Dubai South will benefit immensely as a result of our cooperation.”

The MoU explores various areas of cooperation between DP World, UAE Region and Dubai South aimed at enhancing the services for customers at the security gates by unifying policies and procedures between the two free zones. In addition to the supply chain route efficiencies, the two sides will also engage in an exchange of knowledge in leading industry practices that would further enhance the management of trade flows between Jafza and Dubai South.

Dubai South has been one of the fastest growing free zones and preferred trade gateway in the UAE, serving key regional markets including Middle East, Africa, and South Asia. The 145-square-kilometer free zone is the venue of Expo 2020 and is close to Dubai's second state-of-the-art airport, the Al Maktoum International and one of the world's busiest ports, Jebel Ali Port. Dubai South's Logistics Corridor, a unique 200-sqkm custom bonded zone which connects air, land and sea, pioneering a new global standard for goods handling of within four hours from sea to air.

DP World, UAE Region is a key engine of economic growth for Dubai, contributing to over a third of the GDP (33.4 per cent). The holistic ecosystem it has created through Jebel Ali Port and Jafza offers an end-to-end logistics landscape unique to the region, reaching out to over 3.5 billion people in some of the most dynamic emerging economies in the world today. Jafza is home to over 7,500 companies, while Jebel Ali Port handled 3.6 million TEU (twenty-foot equivalent container unit) in 3Q2019.



Posted by : GoDubai Editorial Team
Viewed 2245 times
Posted on : Sunday, February 2, 2020  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Dubai Customs Honors Sponsors and Participants in 3rd UAE Customs Week 2020
Next Story : Undersecretary of the Ministry of Economy Holds Discussion with US Assistant Secretary of Commerce
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
DERMAdoctor: Peel the Difference & Boost Your Skin with DERMAdoctor's Vitamin C ...
Kristina Fidelskaya Press Release AW2020
Maybelline's Falsies Lash Lift Make Their Way to the GCC
Top 13 Features of the HONOR MagicWatch 2
Easa Saleh Al Gurg Group Pledges AED 10 Million to DHA to AID Covid-19 Preventio...
Slip into style at home with Steve Madden
Hamdan Bin Mohammed Heritage Center Concludes a Record-Breaking Year for Herita...
Dubai Health Authority Partners With Twitter to Provide Health Information on CO...
Realme Set to Launch Its Latest Range of Smartphones in UAE
HONOR Brings the Brand-New HONOR 9X PRO to Customers in the UAE
Keeping the Community Safe and Informed on COVID-19
Union Coop to Operate 24 Hours With All Goods Available
Sportmax Leather Trend SS 2020
Horological Machine N°10 ‘Bulldog'
Brighten Up With Marina Rinaldi
Carrefour Statement – Opening Hours
Max Mara Bridal 2020
Etisalat Cloudtalk Meeting Now Allows Up to 50 Participants
Cutting-Edge Technology Solutions from TP-Link for Work at Home or Distance Learning
Deema Ajlani Ramadan Capsule Collection, 2020
Perfect Polka Dots
Chronoswiss Timemaster 150'
SCCI Provides Online Attestation Services for All Transactions
The Department of Culture and Tourism – Abu Dhabi Closes All Cultural Sites in t...
Ralph Lauren Collection Spring / Summer 2020
At Home in Karl Lagerfeld
"Stay Home" Instagram Sticker Launches in the UAE
Airbus Announces Measures to Bolster Liquidity and Balance Sheet in Response to ...
Huawei Mobile Services To Explore The Ultimate Potential On HUAWEI P40 Series
NYUAD Researchers Develop New Tool for Performing Cancer Liquid Biopsy and Study...
Etihad Airways to Temporarily Suspend All Services to and From the UAE Following...
Kitchen Appliances Designed With Cleanliness at the Forefront
Emirates Post Group Company Hosts First Remote Board Meeting to Discuss Ongoing ...
Winnie Harlow x Steve Madden Collection
LG Oled TV Again Takes Top Honor at Prestigious Red Dot Design Awards
Schneider Electric Launches Two New UPS Solutions for IoT and Edge Computing App...
Dubai Chamber Urges the Private Sector to Implement Remote Working for Their Emp...
Marks & Spencer Introduces Its Cosy Loungewear Collection for Men
Adamas Motors LLC, One of the First Automotive Dealer's in the United Arab Emira...
A Vast Majority of UAE Working Professionals Claim the Coronavirus Has Impacted ...
Top Personal Trainer Thanks Dubai Sports Council for “Be Fit, Be Safe” Campaign
Natuzzi's Ergo Collection, A Tribute to Mother Nature
What Are the Effects of the Covid-19 Pandemic on Private Healthcare Insurance an...
Expo Centre Sharjah Adopts Several Precautionary Measures at Headquarters and in...
Transform Your Home With Wellness Inspired Pieces From Marks & Spencer
The Methods That Must Be Followed to Avoid Infection With the Corona Virus COVID-19
Al Bastaki: Union Coop Confirms Commitment to International Standards During the...
Etihad Cargo Deploys Cargo-Only Boeing 787s to Complement Freighter Fleet and En...
Pirelli: Cancels Planned 2021 Pirelli Calendar 100,000 Euro Donated to Initiativ...
Hormann Launches Fast Doors Suitable for High Temperature Changes