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Jafza: Indian construction firms up by 19% in 2015.

The number of Indian construction firms at Jebel Ali Free Zone (Jafza) has increased by 19%.

Jafza registered 60 Indian companies in 2015, of which 19% were from the steel, construction, and building materials sector.

Companies from the electronics (20%) and chemicals and petroleum products (17%) sectors also entered Jafza last year.

The free zone recorded a 10% hike in the number of companies it registered last year.

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Jafza officials have credited this to strong bilaterial ties between India and the UAE.

Ibrahim Mohamed Aljanahi, deputy CEO and chief commercial officer of Jafza, said: "Historically, India has been a strategic partner of the UAE and Dubai.

"Jafza began operations 31 years ago and since then, Indian investors have trusted us and have played a key role in the growth of Jafza by establishing their businesses andc production lines here," he continued.

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Publication:Construction Week
Date:Apr 14, 2016
Words:158
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