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DP World signs free market deal

[ August 26, 2019   //   ]

DP World has signed a partnership with Zhejiang China Commodity City Group Company to develop a ‘Traders Market’ in Jebel Ali Freezone (JAFZA). DP World will hold a majority share in the 70/30 joint venture. The Market project will about 800,000sq m, with Phase 1 development covering about 220,000 sq m, and will create the first smart Freezone market place in the Middle-East for the retail and wholesale industries.