Dubai
Automotive and spare parts companies operating in Jebel Ali Free Zone (Jafza) recorded business worth Dh39.5 billion in 2017. The Free Zone is subsidiary of ports operator DP World.
In a statement on Tuesday, DP World said that the vehicle and transport sector accounts for 11 per cent of Jafza’s customer base, with 546 automotive companies from 62 countries currently operating there.
According to BMI Research, the UAE is expected to see a growth rate of 4 per cent in new vehicle sales in 2018.
