In the zone at Jebel Ali port
By Victoria Johns2020-01-08T12:16:00
With a multi-tier parking facility holding around 27,000 car equivalent units (CEU), Jebel Ali is the biggest port in the Middle East and the 11th largest worldwide. The port has four terminals connecting to more than 150 other ports through 80 weekly services, and its activity accounts for 26.1% of Dubai’s GDP. In 2018, 82% of Dubai’s automotive trade passed through Jebel Ali, worth $31.6 billion in vehicles, tyres, parts and accessories.
Automotive trade is on an upward trend in the Middle East. UAE’s automotive market is set to increase by 35% between 2017 and 2021, according to estimates from the Dubai Chamber of Commerce and Industry. Jebel Ali will also benefit in its role as a point of entry to other nations in the region; automotive trade in the Gulf Corporation Council (GCC) countries was valued at $55 billion in 2018.
The port, which is run by DP World, is located in the Jebel Ali free trade zone (Jafza), where commercial advantages include exemption from corporate tax for 50 years, no personal income tax and no import or re-export duties.