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South African delegation seeks to boost ties with Jafza

United Arab Emirates: Thursday, November 16 - 2006 @ 16:44

The delegation met Ms. Salma Hareb, CEO Jafza and Economic Zones World along with Jafza Senior officials including Ibrahim Mohammed Al Janahi, Senior Vice President, Commercial Sales, Ali Bin Damithan, Senior Vice President, Customer Services, Chuck Heath, Senior Vice President, Jafz International, Hamad Al Hashemi, Managing Director, Techno Park, and Hamza Al Haddad Vice President, Marketing.

Their talks focused on the investment climate and facilities offered by Jafza to companies planning to enhance their presence in the region and in other places around the world.

The Jebel Ali Free Zone is home to more than 20 South African companies engaged in different fields. They include some of the most prominent brands among the 5,500 companies listed in Jafza.

Ms. Salma Hareb, CEO, Jafza, said following the meeting with the delegation, that apart from the Victoria and Alfred Waterfront, other projects were in the pipeline with Western Cape such as ports development and real estate investments.

“Jafza is keen on enhancing business ties with South Africa which has great investment potentials. Such visits help in paving the way to greater access to information on the unique facilities and services that make Jafza an ideal location for investment and a driving force behind the growth of companies.”

Premier of the Western Cape, Ebrahim Rasool, praised the facilities on offer at Jafza and said that Dubai world’s investment in Cape Town would boost the local economy significantly.

“We have certainly learnt a lot from our visit to Dubai and the most impressive idea that has attracted our attention in Dubai is how to think big and bold. This paradigm is the key to making that leap which would turn us into a prosperous country. The importance of Dubai World’s investment in Cape Town is not only the money being invested but also the trust and confidence they have invested in us.”

The United Arab Emirates – and Dubai in particular – are one of South Africa’s lucrative markets in the Gulf and bilateral trade is gaining momentum, with a 45 percent rise registered in 2005 over the previous year. The figure is expected to rise further this year.

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Thursday, November 16- 2006 @ 16:44 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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