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Jafza F&B sector posts trade worth of Dh11 billion
F&B is a major focus of Jafza's business portfolio with over 570 companies from 75 countries.
dubai - F&B is a major focus of Jafza's business portfolio with over 570 companies
Of the F&B companies based in Jafza, 37 per cent are from the Middle East; 24 per cent from Asia-Pacific; 19 per cent from Europe; 10 per cent from the Americas; and 10 per cent from Africa.
"The growth of the food and beverage sector highlights Jafza's success in establishing itself as a destination of choice for companies in the Mena region," said Sultan Ahmed bin Sulayem, group chairman and chief executive of DP World.
The UAE's F&B sector has seen steady growth over the past two years. According to a BMI report, food sales are expected to grow at an annual average of 6.6 per cent over the next five years.
"By creating a world-class business environment, we are encouraging manufacturers to establish themselves here and develop new products and commodities that meet consumer demand," he added.
- business@khaleejtimes.com
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