On the 25th of June, 2007, Jafza International, a subsidiary of Economic Zones World inaugurated Phase II of its Djibouti Free Zone (DFZ) project comprising the development of light industrial units, warehouses and office facilities in a bid to revolutionise the Djibouti Free Zone for trade, logistics and industry. With 280,700 sq feet of space for light industrial units and warehousing facilities, and 23,000 sq feet of office space, the free zone’s number of 79 companies is set to rise sharply with over half of the office space and a quarter of the warehousing facilities booked even before beginning of construction.
The Prime Minister of Djibouti, Mr. Mohamed Dileita and Mr. Chuck Heath, Managing Director, Jafza International together cut the ribbon to officially mark the DFZ Phase II inauguration which coincided with the celebrations of the 30th anniversary of the country’s independence on the 27th of June.
With a mission to position the Djibouti free zone as the regional logistics, distribution and marketing hub for the import, warehousing, processing, and re-export of goods to and from eastern African countries, Jafza International has set out a roadmap to expand the zone’s operations in Djibouti by providing an air-sea-land trade link for neighboring land-locked states through an airport free zone, and another SEZ in the near future.
With Economic Zone World’s parent company, Dubai World and its subsidiaries such as DP World, Dubai Customs World and Nakheel Hotels & Resorts having major stakes in Djibouti’s development, the free zone and economy are expected to enjoy stellar success and glowing futures in times to come.
Businesses within the Djibouti Free Zone are engaged in trading of food and beverage, construction material, automobiles and spare parts, cigarettes, textile and garments etc., whereas light industrial activities in the free zone include production of medical gasses, LPG bottling, manufacture of food products etc. Services in the zone include express cargo handlers, credit support activities and logistics companies.
