Jafza sees 15% growth in petroleum companies
The petrochemicals industry in the GCC is export-oriented with 70.3 million tonnes of total production exported in 2015
The number of petrochemicals, oil and gas companies registered in Jebel Ali Free Zone (Jafza) has increased 15% from last year.
The milestone was announced at a forum held at the National Industries Park in Dubai to promote the growth of the sector in the UAE and across the region.
Jebel Ali Free Zone Chief Operating Officer Talal Al Hashimi said: “According to a report from the Gulf Petrochemicals and Chemicals Association (GPCA), the petrochemicals industry in the Gulf Cooperation Council (GCC) countries is export-oriented with 70.3 million tonnes of total production exported in 2015.
Products from the region, including plastics and fertilisers, are supplied to over 166 countries, he added.
As a logistics hub, Jafza provides multi-modal connectivity to international markets with a dynamic and streamlined global supply chain, supported by DP World’s operations in 40 countries.
The forum acted also acted as a platform for Jafza officials to hed light on recent free zone initiatives, including the opening of new warehouses, office spaces at Jafza One, accommodation for workers and ongoing sustainability projects.
The event was attended by over 70 companies in the free zone, including business leaders, key officials from government entities and senior Jafza officials.