JAFZA, Haldiram's sign agreement to launch one of the region's largest Saffron processing facilities
The facility, set to start operations in March 2025, will be managed by Kesar Expert & Packers, a specialist in processing high-quality saffron with 22 years of experience in India. It will also secure globally recognised European BRCGS certification to guarantee the quality and purity of its saffron.
Initially the hub will process 30 metric tonnes of saffron, with plans to scale up to 100 metric tonnes over the next five years by leveraging the UAE-India CEPA and the world-class connectivity and infrastructure at Jebel Ali Port and Jafza.
The parties also discussed other avenues of future collaboration including the expansion of Haldiram's presence in Dubai and further investment in food processing and distribution facilities.
The agreement reinforces Dubai's role as a global trade hub, driven by Jafza's growing F&B sector, which is now home to more than 770 F&B companies.
About Jebel Ali Free Zone (Jafza)
Jafza is one of the world's leading free trade zones and is home to over 10,890 multinational companies. Jafza accounts for a significant FDI (Foreign Direct Investment) flow into Dubai, sustaining the employment of more than 135,000 people in the United Arab Emirates.
Strategically located at the crossroads of a region providing market access to over 3.5 billion people, Jebel Ali Port and Free Zone create an integrated multi-modal hub offering sea, air and land connectivity, complemented by extensive logistics facilities.
Jafza is the leading business hub between Asia, Europe and Africa, connecting some of the fastest-growing manufacturing and consumer markets globally. With over 30 years' experience, Jafza focuses on long-term customer relationships, building alliances with global investors and providing world-class infrastructure and support. In addition to quality-driven value-added services and incentives, Jafza is a business opportunity enabler, offering its customers easy and efficient access to substantial business opportunities in the region.
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