Jafza and DAZ to explore new opportunities in Japan
The UAE-Japan Business Forum 2007 is organized by the Federation of UAE Chambers of Commerce & Industry, JETRO and Index in collaboration with Economic Zones World, Ministry of Economy, Ministry of Finance & Industry and Department of Tourism & Commerce Marketing-Dubai.
Seeking to explore new opportunities for attracting investments from the Japanese markets, Jebel Ali Free Zone (Jafza), and Dubai Auto Zone (DAZ), wholly owned subsidiaries of Economic Zones World, will be participating in the UAE-Japan Business Forum 2007 scheduled to take place in Tokyo April 24 to 26.
A high level delegation from the Economic Zones World comprising Ibrahim Al Janahi, Senior Vice-President, Commercial Sales, Talal Al Hashemi, Managing Director, DAZ and Fouad Mohammed, Assistant Sales Manager, Jafza will attend the Forum which showcases opportunities in the UAE in a wide spectrum of sectors such as free zones, real estate, infrastructure, construction, tourism, finance and investment parks.
Mr. Al Janahi, who will speak at the Forum, stressed on the significance of Jafza and DAZ participation, saying: ‘Our presence at such an event is part of Jafza and Dubai Auto Zone’s pro-active approach in tapping the potentials of promising markets such as Japan. The event provides us an opportunity to highlight our unique value propositions as a great redistribution hub, an efficient business facilitator and a favored investment destination in the Middle East to the Japanese business community. We expect to attract a large number of Japanese investors to Jafza and DAZ through this event.’
The UAE-Japan Business Forum aims to attract investors in Tokyo and the surrounding areas. The participants from the UAE, including Mr. Al Janahi and Mr. Talal Al Hashemi, will exchange views on the role of Dubai – with emphasis on Jafza and DAZ — as international business hubs and catalyst for business opportunities in the Middle East region with the Japanese businessmen and investors.
Mr. Al Hashemi will introduce DAZ to Japanese investors at the Forum as Economic Zones World’s industry specific initiative which aims to be the Middle East region’s most comprehensive market place for the Auto Industry catering to buyers, sellers, service providers, principals and traders alike.
Mr. Talal Al Hashemi also plans to visit some of the car auction and heavy equipment areas in Japan to apprise them of Dubai Auto Zone’s distinctive features as a market place.
Exhibitors from Japan will include small and medium enterprises, high-tech manufacturing industries, trading enterprises and companies seeking relocation in the Arabian Gulf region or the Middle East, as well as companies seeking to establish their regional distribution centres in the UAE.
The Forum will conduct a number of seminars, workshops and business networking sessions to facilitate extensive interaction between the Japanese investors and Jafza, DAZ and other UAE entities.
At present Jafza is home to over 100 Japanese companies. According to the 2006 Dubai trade statistics, Dubai Free Zone imports from Japan amounted to AED 10.76 billion, while exports stood at AED 91.78 million.
