JAFZA announces new incentives to help companies get back to business

Short-term warehousing, free electricity and water, and deferred rentals among facilities on offer

Dubai’s Jebel Ali Free Zone (JAFZA) has announced a range of incentives to support its customers and new companies affected by the Covid-19 situation to resume activities at the free zone.

A statement from the authority said that among the new measures, JAFZA now offers on-demand warehouses on short-term lease with multi-functional storage options, competitive rates and no VAT or customs duties. Warehouses are available from 300sqm to 15,000sqm in size, with water and electricity at no charge. The facilities are also backed up by easier rental terms, such as monthly rentals and deferred rental payments.

In-house logistics solutions are also available for cost reduction, with these service including clearing and document processing, 24/7 lease issuance and fast-track EHS approval.

Mohammed Al Muallem, CEO and MD of DP World, UAE Region, and CEO of JAFZA, said: “Challenging times call for competitive solutions. At DP World, UAE Region and JAFZA, we’re working on customised solutions for a post-pandemic trading world in which our customers pay less for more value-added service support across the board. New business and existing companies will find our investor-friendly, back-to-business ecosystem built around the emerging needs of the markers in a growth climate beyond the pandemic. Being a part of the vital services sector in the UAE economy, we assure our customers that we will ensure the continuity of their business in the most uncertain of times by connecting them to new opportunities.”

The new incentives come on the back of the 70% reduction in registration, licensing and administrative fees announced pandemic lockdown began in mid-March.

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