Top Philippine Freeport officials visit Jafza
A high level delegation from the Authority of the Freeport Area of Bataan (AFAB) has visited Jafza.
The Freeport delegation, comprising top officials including the chairman and administrator of AFAB from the Philippines, was accompanied by the ambassador and the consul general from the Philippine Embassy in the UAE. The delegation was received by Ibrahim Mohamed Al Janahi, deputy CEO of Jafza and chief commercial officer of Economic Zones World, and his team at the free zone.
The delegation sought to establish strong relationship with Jafza and explore opportunities for bilateral cooperation between the two entities. They wanted to see and learn from the Jafza’s highly acclaimed business model. The AFAB officials also sought Jafza’s support in further developing their Freeport.
Philippine delegation and Jafza officials after a detailed meeting agreed and stressed on building a strong bilateral relations between the two sides. Jafza assured full support to Freeport officials in their efforts in this direction.
Ibrahim Mohamed Al Janahi said: “Jafza and Philippine enjoy a robust bilateral relations. We will be more than happy to extend our full support to AFAB in helping them further develop their Freeport by sharing our knowledge and experience in this respect. Jafza is the trade and logistics hub for the greater Middle East region comprising West Asia, Africa, the CIS and Indian Subcontinent.
"It is one of the fastest growing regions in the world. Huge investments are being made in most of the Middle Eastern countries in developing their economic infrastructure. This provides great opportunities to businesses engaged in construction and other infrastructure development related sectors, which covers practically the entire spectrum of businesses. We invite AFAB based companies to come to Jafza to explore opportunities in the region.
“Jafza is currently home to more than 7,000 world’s finest companies, which includes more than 120 Global Fortune 500 enterprises. These companies cater to the entire Middle East region from their respective regional headquarters in Jafza."
AlJanahi briefed the delegation about the Jafza facilities, services and other free zone value propositions. He also briefly mentioned Jafza managed Djibouti Free Zone’s impressive growth and the free zone’s growing role in driving economic developed in the East African country. Subsequent to the meeting the delegation was taken on the physical tour of the free zone.
The Freeport Area of Bataan is located in the province of Bataan in the central Luzon region in the Philippines. The Freeport is spread over an area of approximately 1750 hectares and is home over 50 industries. The Freeport was created through an enactment-The Freeport Area of Bataan Act- which converted Bataan Export Processing Zone into the Freeport Area of Bataan.