Jafza launches Strategic Forums to support industry growth and enhance sector specific capacities

Al Maktoum International Airport

Source:  http://www.ameinfo.com

As part of its commitment to strengthen strategic communication with its clientele in various sectors Jafza held a Customer Strategic Forum for the Logistics industry that identified and addressed market trends and sector-specific issues by instigating dialogue on how Jafza and the companies could work together to maintain growth dynamism.

Al Maktoum International AirportThe sector has shown signs of stability and in 2009 accounted for one-fifth of total trade generated by companies in the free zone. This is the first in a series of industry forums to be held at Jafza this year.

Senior officials from premier logistics companies like GAC, CEVA, Aramex and Al Futtaim Logistics among others attended the Forum. They recognised the forum as a highly innovative and meaningful platform to analyse trends and address industry issues.

The industry representatives called for more coordination and integration between various Government entities, Ministries and regulatory bodies in Dubai and with other entities within the country to enhance process efficiencies and streamline logistics operations in the country. Company officials also discussed the Dubai Logistics Corridor, how it could benefit companies doing business from Jafza and its future impact on the industry as a whole. The Corridor links the Jebel Ali port and Jafza to Al Maktoum International Airport.

Speaking about Jafza’s status as a significant regional business centre and the need for an open channel of communication, Ibrahim Mohammed Al Janahi, Deputy CEO, Jafza and Chief Commercial Officer said: “Jafza is home to several multi-national logistics companies who need a speedy, efficient and secure international trade supply chain. Locally and regionally overall consumption and trade are on the rise and it is important to add real value, offer flexibility, facilitate faster clearance and above all maximise margins. This will only be possible with enhanced cooperation between us and the industry and a genuine exchange of ideas on how we can continue to grow together.”

“Jafza constantly strives to ensure that all its customers have every possible advantage in their daily business. There were some very valid points raised at the forum and we will hold further meetings and bring on board various partners like Dubai Customs, EHS and others to devise practical solutions. We intend to host regular sector-specific forums and this was the first session for the year.”

The logistics industry overall is a major contributor to the economy. Jafza wants to work with them to collectively find ways to enhance competitiveness and make the operating environment within Jafza even more enriching for companies.

A recent study by Frost & Sullivan expects UAE logistics market in 2020 to reach $16bn, which means huge growth opportunities for the industry. The Forum is intended as a major step forward in that direction.