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Dubai’s EZW plans to develop two Halal Zones

article-2219800-158F0971000005DC-278_964x1117Dubai’s Economic Zones World (EZW) has revealed plans to develop two Halal Zones, specifically designed to cater to the regional and international Halal Product markets.

EZW said it has allocated infrastructure-ready plots of land for Halal Zones in Jafza and TechnoPark. Jafza Halal Zone will be built on an area of over 850,000 sq m while TechnoPark Halal Zone will be spread over a plot of over 700,000 sq m.

The EZW Halal Zone Development Plan will also identify laws, regulations, and licencing needs of the zone, it said in a statement.

The freezone added that it will also engage in a global marketing campaign for the Halal Zones.

On Sunday, Dubai Industrial City, a member of TECOM Investments, announced the launch of a dedicated Halal Cluster as part of plans by Dubai to become the global capital of the Islamic economy.

Its cluster will be a dedicated base for halal manufacturing and logistic companies in food, cosmetics, and personal care industries and will be spread across nearly 6.8 million sq ft.

The value of halal food industries in the world is estimated at $2.3 trillion, which accounts for 20 percent of the total food sector in the world.

Trade in total halal products is forecast to grow at more than 4.8 percent annually to reach about $6.4 trillion in 2020.

Hisham Abdullah Al Shirawi, chairman, Economic Zones World, said: “Since Halal products and services are one of the key components of Islamic Economy, the EZW’s move is a major step forward in that direction. EZW aspires to become one of the world’s key hubs for halal products trading, services, and manufacturing.”

Abdulla Al Awar, CEO of Dubai Islamic Economy Development Centre, added: “We are pleased to support EZW in the development in their Halal Zones, and are confident that both entities will help to drive growth and awareness of the Halal industry, one of our seven strategic pillars.

“The Dubai Islamic Economy Development Centre will work closely with the Halal Zones and their parent organizations to develop the halal products and lifestyle sectors, while adhering to and promoting strong and consistent standards within the industry.”

EZW said the Halal Zones will integrate a one-stop-shop system to service each and every need of customers in the halal supply chain, offering ease of doing business.

Source: Arabian Business

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