Japanese Light Industries Look to Expand in Middle East

MarineLink.com
Monday, June 24, 2013

A high-level delegation from Japan External Trade Organization (JETRO) recently visited Dubai World Central, the world’s first purpose-built aerotropolis, to take a closer look at the state-of-the-art infrastructure and facilities available to Japanese companies seeking to establish and expand their business operations in the Middle East. 

The visit of the Japanese delegation is in line with DWC’s strategy of attracting leading international companies to commence operations from DWC and take advantage of the pioneering multi-modal infrastructure at the aerotropolis to both strengthen presence in the UAE and enter new markets in the region.

Hiroki Matsumoto, Managing Director, Dubai and MENA, JETRO, said, “The trade relations between the UAE and Japan have been witnessing steady growth over the years, with the value of Japan’s trade with the UAE reaching $52.9 billion in 2012. In particular, Japan’s automotive industry trade in the GCC countries has been thriving and we are now focused on light industries, especially food and healthcare products. We see Dubai as an important gateway for Japanese products to enter new markets in the region. JETRO is thus keen on strengthening our collaboration with major business hubs such as Dubai World Central.”

Earlier this year, DWC sent a mission to Japan to meet several key organizations in Tokyo and Kyoto, including the Japan Management Association, a non-profit organization with 1,430 corporate members, and acts as a government support structure aimed at the promotion of managerial efficiency in Japanese industry.

Rashed Bu Qara’a, Chief Operating Officer, Dubai Aviation City Corporation, said, “The UAE and Japan share a long history of bilateral trade relations and both countries are keen on further strengthening these ties. Japanese products, which are known for their superior quality and innovation, are highly sought-after in the UAE and across the Middle East markets. By setting up operations in DWC, Japanese companies can optimally leverage the infrastructure and facilities we offer to capitalize on the favorable market conditions and penetrate new regional markets

Japanese companies, especially from the trade, logistics, food and healthcare sectors, can significantly benefit from the multi-modal logistics platform and the temperature-controlled facilities available at DWC.
 


People & Company News

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Kongsberg Performs Well in Q2

Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends,

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

Middle East

Iran Vessels Make 'High Speed Intercept' of US Ship

Four of Iran's Islamic Revolutionary Guard Corps (IRGC) vessels "harassed" a U.S. warship on Tuesday near the Strait of Hormuz, a U.S. defense official said, amid

Shots Fired: US Navy Ship Warns Iranian Vessel

A U.S. Navy ship fired warning shots after an Iranian fast-attack craft approached two U.S. ships in the northern Gulf on Wednesday, a U.S. Defense official said.

Iran Defends Encounter with US Warship

Iran's defence minister said on Thursday four of his country's vessels accused of harassing a U.S. warship were only doing their job, and Tehran would contront

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Port Authority Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1221 sec (8 req/sec)