Partnership between "Davis" and"Joan Joan Group" To establish the first regional headquarters for the Chinese company in the region
Dubai, July 31/ WAM/ The Dubai Airport Free Zone signed Dubai Integrated Economic Zones, a memorandum of understanding with “Joanzhuan Group”, a leading Chinese company specialized in trading used goods, in preparation for establishing a strategic partnership aimed at developing a chain of cross -border supply in the field of merchandise trade Used consumer from Dubai to the Middle East and the world markets.
This step embodies the commitment of “Davis” to support the circular economy by facilitating the entry of leading companies in this sector to the markets of the region, and providing an integrated business system through its economic areas, which enhances the position of Dubai as a global center for sustainable trade, and its position is established a strategic gate linking Asia to Africa and Europe.
According to the memo, signed by Arif El -Khoury, the first vice president of customer services in the Dubai Airport Free Zone and “Wang Soo”, Vice President in “Joan Joan Group”, the company will start establishing a headquarters within the Dubai Airport Free Zone, to work on developing an integrated supply chain that includes recycling, qualitative inspection, classification and packaging, in parallel with “Dies” support to link with the authorities Related from logistical companies, customs, clearance agents and distribution partners, within a framework that enhances operational efficiency and provides flexible and effective solutions.
Joan Joan Group is one of the most prominent Chinese companies specialized in the trade of used goods, and the number of active users on its platforms in 2024 has reached more than 50 million users per month, while the number of registered users is more than 400 million users, the majority of whom are from the generation of “Z” and the company has an advanced technical and logistical infrastructure that includes more than 960 actual stores in 80 cities.
The company also leads qualitative initiatives in the field of circular economy, such as the use of bombing packaging and a cumulative cumulative reduction in carbon emissions exceeding 4.1 million tons.
Amna Lootah, Director General of the Dubai Airport Free Zone, said: “This partnership is an extension of the approach of the Emirate of Dubai in attracting quality investments and enhancing its presence within the global value chains, in line with our strategic goals in consolidating the emirate’s position as a global center for sustainable trade.”
Lootah added that this comes from our commitment to supporting international companies in their march towards expansion and innovation, and in a way that contributes to achieving the targets of the Dubai Economic Agenda D33, which aims to double the size of the emirate’s economy within 10 years, and consolidate its position one of the three best economic cities in the world, and enhances its attractiveness is a global destination for business and investment.
She said: “Through this memo, we are keen to facilitate procedures and provide the environment in support of the growth of the used commodity sector, especially in light of the accelerated global shift towards the circular economy, by harnessing our capabilities and networks within the economic areas to facilitate the establishment and operation of” Joan Joan Group “, and support its logistical operations and distribution chains.”
For her part, Wang Soo, Vice President at Joan Joan Group, said: “We look forward to contributing to the formulation of new standards for the trade of goods used in the region in light of the partnership with” Davis “, which is a pivotal step in our march towards global expansion, and we trust that the Emirate of Dubai will constitute an ideal starting point towards regional markets, thanks to its advanced infrastructure and trade facilities that It provides it, its logistical efficiency, and its strategic location. “
Cooperation includes the endeavors of the two sides to study the possibility of developing specialized working papers dealing with the future of trading used goods and the circular economy, in order to contribute to setting reference standards that support the sustainability of this sector regionally.
The main areas of cooperation between the two sides also include the provision of “Davis” technical and institutional support necessary to register “Joan Joan Group” within the free zone, and contribute to facilitating customs clearance and distribution, as well as providing appropriate guidance on customs policies and quality requirements, and linking the company with the relevant partners within the economic system in the Emirate of Dubai.
On the other hand, the Chinese company will lead efforts in the field of adhering to the technical and organizational standards approved in China and Dubai, as well as providing “Davis” with possible opportunities to establish new entities from its partners in the global supply chain.
It is expected that this partnership will contribute to the creation of new business models within the sustainable trade system, in line with Dubai’s directions towards strengthening the circular economy, and supporting companies that employ innovation in the service of responsible consumption.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
