Dubai – Mubasher: Dubai’s Jebel Ali Free Zone (Jafza) has decided to become the first free zone in the UAE to return cash and bank guarantees to its clients through its new Workforce Protection Programme initiative.
Jafza will pump AED 1.3 billion back into Dubai’s economy for companies to invest in their operations and strengthen their businesses, Emirates News Agency (WAM) reported on Saturday.
Slated for launch in September, the new initiative will allow for providing insurance coverage for the workers in case of wage default by their employers, which will extend to all existing Jafza sponsored employees.
"Jafza welcomes the UAE government’s latest initiative as it will play a significant role in taking the country in the right direction,” Chairman of the Ports, Customs and Free Zone Corporation and the Jebel Ali Free Zone Authority, Sultan Ahmed bin Sulayem, said.
