UAE - Mubasher: DP World’s Jebel Ali Free Zone (Jafza) has recorded around 40% year-on-year (YoY) growth in new customer registrations during the first half (H1) of 2021, raising the total number of companies in Jafza to more than 8,700.

The machinery and equipment, vehicle and transport, as well as retail and general trading segments have witnessed a rise of 188%, 100%, and  78%, respectively, in the number of new customers, according to a press release on Wednesday.

In the meantime, Jafza has represented 23.9% of total foreign investments in Dubai.

The total value of trade at the free zone amounted to $104.2 billion in 2020, contributing 32% of the total trade value of Dubai as of 2020.

The CEO and Managing Director of DP World UAE and Jafza, Abdulla bin Damithan, said: "The sustained growth of Jafza since its inception is an indication of its ability to leverage key market dynamics and create numerous opportunities for customers in the most challenging times."