JAFZA sees 15% rise in petroleum industry firms

Dubai – Mubasher: Jebel Ali Free Zone (Jafza) witnessed a 15% growth in the number of petrochemicals, oil and gas companies registered in the free zone, according to a statement.

The free zone attracted 112 new sector businesses in 2015, reflecting UAE government's support for enterprises and mega projects in the industry.

 “According to a report from the Gulf Petrochemicals and Chemicals Association (GPCA), the petrochemicals industry in the Gulf Cooperation Council (GCC) countries is export-oriented with 70.3 million tonnes of total production exported in 2015,” Jafza operating officer Talal Al Hashimi said.

Mubasher Contribution Time: 27-Nov-2016 09:50 (GMT)
Mubasher Last Update Time: 27-Nov-2016 09:51 (GMT)