DAFZA sees 82% increase in revenues in first half

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Staff Report  www.gulfnews.com

Dubai: Dubai Airport Freezone ( DAFZA) has reported a growth rate of 82 per cent in the sales revenues for the first half of 2012, with 90 per cent increase in the rental of warehouse space, compared to the same period in 2011.

The results show that during the first half of the current year there was an increase of eight per cent in requests for additional space requests, compared to same period in 2011. These requests were mostly made from European companies operating in the Freezone.

These encouraging results come amidst growing concerns over the Euro crisis faced in Eurozone states. This highlights Dubai’s ability to provide ongoing investment opportunities to all foreign investors and the Freezone’s role in providing high quality facilities to support and drive its tenants’ businesses forward in the region.

Dubai Airport Freezone saw some 105 new companies opening offices in the first six months of 2012, which boosts the Freezone’s contribution to the emirate’s GDP of more than 2.27 per cent. More info

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