PMV trade doubles in 5 years
Trade in heavy machinery and equipment at Dubai’s Jebal Ali Free Zone (JAFZA) has almost doubled since 2006, according to the authority. The figures were released during the Jafza’s Strategic Customer Forum, attended by industry leaders in Dubai on June 19. Economic Zones World (EZW) UAE Region Managing Director Talal Al Hashimi, is quoted in […]
Trade in heavy machinery and equipment at Dubai’s Jebal Ali Free Zone (JAFZA) has almost doubled since 2006, according to the authority.
The figures were released during the Jafza’s Strategic Customer Forum, attended by industry leaders in Dubai on June 19.
Economic Zones World (EZW) UAE Region Managing Director Talal Al Hashimi, is quoted in the Khaleej Times as crediting the growth to “top of the line infrastructure facilities and services”.
The sector represents 20% of JAFZA’s total companies, will 1219 firms based in the freezone.
The sector is a key indicator of the strength of the construction industry. Last month CAT
Last December global dealer JCB announced sales of more than US$ 3 million during last year’s Big 5 alone, commenting that the figures marked a turning point in the industry.
Despite the movement in sales of machinery, construction companies in the UAE will have to provide documentation when purchasing petrol in a bid to crack down on the sale of smuggled diesel.
The move, announced by Abu Dhabi National Oil Company (ADNOC) on June 20, said the measure would prevent petrol being re-sold both within the UAE and to other neighbouring countries.
