Jafza’s petrochemical companies generate Dh16 billion

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Staff Report

Dubai – Petrochemical companies operating in Jebel Ali Free Zone (Jafza), the region’s premier business and logistics hub, generated trade worth Dh16 billion in 2017.

Jafza is home to 526 companies in the sector from 67 countries and will be exhibiting its services in the petrochemical sector at the 10th GPCA Supply Chain Conference in Dubai.

Sultan Ahmed Bin Sulayem

Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, said: “Creating better supply chains depends on industry collaboration and sharing of knowledge to help the sector identify and resolve inefficiency. Real-time data is now the norm and the need for collaboration grows as well. we understand the value it offers and are pleased to support the GPCA given that the value and volume of trade through Jafza reinforces the national economy.“

In his keynote speech to the conference, Mohammed Al Muallem, CEO and Managing Director of DP World, UAE Region and CEO of Jafza, highlighted the value of sector-wide collaboration, citing both Dubai and DP World’s success.
Recent studies suggest that more than 80% of organisations globally agree that increasing collaboration with internal and external stakeholders can drive bottom-line results and reduce costs in the supply chain.
The event will cover a wide range of topics ranging from current global trends, technology disruption, collaboration, business optimisation, procurement and organisational culture with case studies from around the world. – abdulbasit@theuaenews.com