UAE’s local agro-commodity supplier Spring Valley is investing AED 184 mn to develop a new distribution hub at Dubai’s Jebel Ali Freezone (Jafza), according to a statement. Once fully operational, the project is set to process over 65k tonnes of staple food items and garner over AED 440 mn annually. The project’s first phase is slated to be completed within two years.

Jafza’s big on F&B: Jafza’s food and beverage (F&B) sector facilitated some AED 23.2 bn in trade in 2023, amounting to 26% of the total value of Dubai’s F&B trade. F&B firms operating within the zone grew by 14% y-o-y to host over 770 businesses, the statement said.

ICYMI- Jafza inked an agreement with Indian food giant Haldiram last week to establish one of the largest saffron processing facilities in the GCC. The facility — which will be managed by saffron processing specialist Kesar Expert & Packer — is set to begin operations in March 2025. It will initially process 30 metric tonnes of saffron, with plans to scale up to 100 tonnes over five years.

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