AJMAN, 21st February, 2022 (WAM) The Ajman Free Zone announced the results of its operational performance for 2021 and marked an increase in the number of registered companies by 1,792.
The four percent growth attained by the AFZ compared to 2020 indicates the growing confidence of foreign investors and companies in the free zone's portfolio of facilities and incentives. The results also showed a high occupancy rate in offices, warehouses, and business spaces within the AFZ, an increase in the sources of incoming investments.
The number of registered companies in Ajman Free Zone (AFZ) hit 1,792 in 2021, a 4% growth compared to 2020, indicating a growing confidence of firms in the free zone s portfolio of facilities and incentives.
Emphasising that free zone is pivotal to boosting Ajman’s position as preferred destination for business and UAE’s status as a global trade and investment centre the ‘Made in AFZ’ exhibition was opened in Ajman on November 28.