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 >>

 
  Share

F&B companies rise from 507 to 570 year-on-year, highlighting Jafza's reputation as the hub of choice for the industry

Dubai, 17 February 2018:  The food and beverages sector operating out of Jebel Ali Free Zone (Jafza), a subsidiary of global trade enabler DP World, grew by 12 percent in 2017. 

The number of companies in the sector rose to 570 from 507 in 2016, employing 8,600 people and underlining Jafza's reputation as an attractive destination for companies seeking to launch and expand their business across the region.

Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, said: “Jafza is building on its track record as the region's hub for this key sector of the economy, in line with UAE Vision 2021 launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. The growth reflects our continued focus on developing this industry and attracting more F&B manufacturing businesses to establish themselves here. 

“We're committed to building on our in providing a world class business environment for F&B companies and this event provides a major platform to showcase our business-friendly services and our capacity to support Dubai and the UAE's economic diversification strategy.” 

 “The vision of our leadership to establish Dubai as the global Islamic economic capital provides a major boost to our economy by attracting foreign investment, especially those that are Halal food related. The Dubai Industrial Strategy also complements the competiveness of the food industry where local companies can partner global counterparts to increase exports. We are also focused on research and development in the industry to develop new products and commodities that will suit different tastes and attract consumers.”

Jafza is home to F&B businesses from 75 countries that are reaching out to a market of more than 2.5 billion consumers in the Middle East, Africa, South and East Asia and the CIS states. They include international brands such as AGC, Unilever, Mars, Food Specialities Limited (FSL), Gulf Food Industries, Hunter Foods, among others. Of the F&B companies based in Jafza, 37% are from the Middle East region; 24 percent from Asia-Pacific; 19 percent from Europe; 10 percent from the Americas and 10 percent from Africa. 

The importance of Jafza as a preferred location is reinforced by high occupancy rates in facilities, ranging from plots of land and warehouses to showrooms and offices dedicated to the F&B industry, spread over 1.85 million square metres.

As a premier business location Jafza is featuring its F&B track credentials at the annual Gulfood 2018 event from February 18 to 22 in Dubai.

A recent Business Monitor International (BMI) research report expects food sales in the Middle East and North Africa to increase by 6.3 percent on an annual basis between 2015 and 2020. The food and beverage industry will see a 7.1 percent growth annually until 2020, owing to several factors such as the strong investment in the retail sector in the next few years and the rise in tourists and the expatriate population.



Posted by : GoDubai Editorial Team
Viewed 11871 times
Posted on : Saturday, February 17, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Indian FMCG Conglomerate Hamdard Laboratories brings “The Drink of India” - RoohAfza to UAE
Next Story : Global Expansion in sight for ICONS© Coffee Couture
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
Sukin's Purely Ageless, Skincare that Delivers Results
Michael Kors Unveils Spring 2019 Michael Kors Collection Ad Campaign
Flaunt your gravity-defying hairstyles to become the face of our brand
Linda Meredith Luxury Skincare Now at Coya Spa, Mirdif
City of gold celebrates the joy of new year with amazing wins this Dubai Shoppin...
Start 2019 in Style with Amazing Offers at VK Beauty Lounge & Bar
Ode to a Golden Era: The Exquisite Retro Style Manero Flyback
Facial Peels – What Are They?
St. Valentine's Day
Sony Unveils Newest Products and Introduces Latest Efforts from Entertainment B...
Tonda Metropolitaine Sélène Moon Phase Watch
Morison Menon strategically integrates with Kreston International and rebrands ...
New Lamborghini Huracán EVO: elevation of technologies for amplified drivin...
Start the Year with some TLC and enjoy the fantastic offers at The SPA at Steige...
Corum Heritage Eleganza- A luxury feminine piece
Celebrate Valentine's Day with GUESS
Hask's Winter Care for Your Hair
Gharib Lands Al Shira'aa Double As One-Star Event Comes To A Close
Tissot Chemin des Tourelles
Rolls-Royce Motor Cars Achieves Historic Business Record
With consumers spending more than 50% of data on digital entertainment and media...
Malabar Gold & Diamonds' new showroom in Karnataka, India
This DSF, every INFINITI customer wins it big with Arabian Automobiles
Trend Alert: Stay Timeless and Classy With a D1 Milano Timepiece
Nokia 8 Sirocco blends premium craftsmanship and latest innovation with Android™...
LG Electronics' Promise of AI for an even Better Life Delivered at CES 2019 Keynote
Continental Commissions First Driverless Tyre Test Vehicle
Hankook 24 Hours of Dubai kicks off the 2019 season for Audi
Joyalukkas Shopper wins BMW Car in the ongoing DSF Mega Promotion
Takara, Roll of the Month at Sumo Sushi & Bento!
19 reasons to fly with British Airways in 2019
HP Opens CES 2019 with Stunning Displays, PCs and Security Innovations
Malabar Gold DSF Winner Photo for Release - Babul Hussain
du Presents ‘Coach Career Award' to Fabio Capello On One of Football's Most Pres...
Arabic calligraphy to play a star act in Mughal-e-Azam: The Musical
Eberhard & Co. Main Sponsor of Winter Marathon 2019
Samsung Smart TVs to Launch iTunes Movies & TV Shows and Support AirPlay 2 Begin...
Epson to participate at SGI 2019 for the 10th year highlighting high value solut...
Kalima Reading Club Organises Panel Discussion On La Rochefoucauld's ‘Reflection...
Abu Dhabi University's newest building to be named in honor of ‘Umm Al Emarat'
Dubai Customs participates in “Saving Digital Customs in the Arab World” Confere...
Young Al Owais Ends Al Shira'aa One Star With Victory
Shane Breen Wins Grand Prix Qualifier at Al Shira'aa International Horse Show fo...
UAE Team Emirates Kick Start 2019 With a New Squad, New Kit and New Ambitions
Bring out the Chef in your little ones at 800 Degrees Pizzeria
Smart City Services at Silicon Park Reach Advanced Level of Completion
UAE tap water is safe to drink – just keep storage tanks clean
Al Wahda Mall thrilled to announce launch of new outlets
US delegation visits Dubai to review its real estate experience
Showjumping Stars All Set For Third Al Shira'aa International Horse Show®