PORTS & FREEZONE
and agriculture industry is one
of Jafza’s top five performers,
generating 3.5 million metric
tonnes of trade valued at $3 billion.
Together they contribute 18 per
cent of Dubai’s total sector trade
by volume and 16 per cent by value.
The sector employs over 6,550
people, almost 5% of the total free
zone workforce.
Top brands at Jafza include Unilever,
Nestle, Heinz, Al Khaleej Sugar,
Alokozay Group of Companies,
Mars, McCormick, Dawn, Griffith
Foods, Hunter Foods, Bayara,
Gulf Food Industries – California
Garden, Fonterra, and Masterbaker.
Rising disposable incomes,
combined with contemporary
consumption patterns, will drive
industry growth, especially for food
services and premium categories
according to recent BMI forecasts.
Headline food sales in the UAE will
increase at an annual average of 6.6
per cent between 2018 -2022.
The outlook for the Middle East
and North Africa (MENA) Region
is growth of 6.3 per cent during
the same period, driven by an
improvement in the macroeconomic
environment.
Dubai South and Dubai
Customs sign agreement
to facilitate transactions
for local and foreign
companies
Cooperation in line with Dubai Plan
2021 and supports the emirate’s
vision to become the world’s leading
investment destination for ease of doing
business
Dubai South, Dubai’s integrated city
and flagship urban project, has signed
two Memorandum of Understanding
(MoU) with Dubai Customs on
providing electronic links to services
aimed at facilitating the exchange of
information of registered companies
as well as enhancing the transactions
and procedures between the two
parties. The agreements, which
were signed by H.E. Khalifa Al Zaffin,
Executive Chairman of Dubai Aviation
City Corporation and Dubai South
December 2018 | 13