Picture used for illustrative purpose only.
DP World, UAE Region’s Jebel Ali Free Zone (Jafza), seeks to pave the way for the construction industry with its participation in The Big 5 2021. One of the largest construction and contracting events in the Middle East region, the event is scheduled to take place from 12-15 September at the Dubai World Trade Centre.
Jafza’s participation at The Big 5 is considered of exceptional importance, as the free zone will offer a wide range of solutions that will enable key players in the region to tap into new markets and grow their business. With its robust logistics capabilities and expansive reach, Jafza succeeded in supporting over 3,300 construction-related companies, enabling trade worth Dhs17 billion in 2020. This figure accounts for 29 per cent of total construction-related trade in Dubai in 2020.
Abdulla Bin Damithan, CEO & Managing Director, DP World - UAE Region and Jafza, said: “The construction and building materials sector is vital in Jafza, as it is one of the main drivers in the free zone and is also considered as the key indicator for the development and prosperity of any nation.
The construction industry in the UAE will witness a rebound in 2021 with a predicted growth of 5.9 per cent and average growth of 2.0 per cent through 2025. We firmly believe that we can contribute to these figures, setting the stage for construction and building materials companies, as we are the trade gateway to the Mena region and beyond. With our participation in The Big 5, our goal is to not only improve growth prospects for the companies in the construction sector, but also help them reach wider markets.”