Tata joins hands with Jafza International
Realestateintelligence.in — May 7, 2007

Tata Group and Dubai based Economic Zones World, one of the biggest developers and operators of business and logistics Parks have come together to build a well integrated platform for developing a chain of business and logistics parks across India; reports dubaicityguide.com

”Jafza International, the global operations arm of Economic Zones World, has signed an MOU with India’s Tata Realty and Infrastructure Ltd (TRIL), the Tata Group’s infrastructure and real estate development subsidiary, as a preliminary step towards the establishment of a joint venture company to develop and operate the proposed business and logistics parks.

The MoU, which calls for the creation of a major infrastructure development platform, was signed by Mr. Dinesh Chandiok, CEO, TRIL and Mrs. Salma Hareb, CEO, Jafza and Economic Zones World, in Dubai.

Jafza International is a fully owned subsidiary of Economic Zones World (EZW). It currently manages seven successful mega facilities in four countries and there are over 20 different projects at various stages of development. EZW currently operates Techno Park, Dubai Auto Zone, Jafza International besides the United Arab Emirates’ flagship the Jebel Ali Free Zone, which is acknowledged as one of the world’s fastest growing and the most efficient free zones.”