German firms keen to invest in Jafza

DUBAI — The Emirates-Germany Economic Partnership Forum, aimed at strengthening trade relations between UAE and Germany, and facilitating increased investments from German companies in Jafza, is being held from May 9 -11, 2006, in the German city of Munich.

By Staff Reporter

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Published: Thu 11 May 2006, 10:20 AM

Last updated: Sat 4 Apr 2015, 3:44 PM

The Forum organised, as part of the UAE's efforts to promote business relationships and economic cooperation with the business sectors in Germany, was attended by a diverse spectrum of German companies from the real estate and financial sector, investment parks, as well as government and private sector.

Currently there are over 168 German companies successfully carrying out operations in the free zone. Jafza was represented at the forum by Salma Hareb, CEO of Jafza and Business Parks, Ibrahim Al Janahi, Vice President, Commercial Sales of Jafza, Hamza Al Haddad, Vice President, Marketing, Jafza and Tarek Bin Ghaita, Commercial Sales Manager, Europe region.

The exhibition hosted 60 pavilions representing government, semi government and private corporations from both the countries, and attracted more than 5000 trade visitors from Germany and the neighbouring countries.

The forum hosted a series of trade talks and seminars that discussed ways to boost the flow of investment into UAE, increase the bilateral trade between the countries and to facilitate greater interaction between businessmen from diverse sectors. The event has successfully generated tremendous response from German investors looking to tap into Middle East markets.

While highlighting on the investment opportunities in Dubai and Jafza, Salma Hareb, Jafza's CEO, who attended the forum said, "Dubai is one of the fastest growing investment and tourist destinations in the world, comprising of all the right elements to make it a premier business hub, and Jafza, with its world class facilities and offerings has successfully attracted a large number of German investors, fostering fruitful trade alliances with the country for many years."


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