Japan's Asahi Yuzikai launches Middle East operations at DAFZA

DUBAI, (Pakistan Point News - 19th Sep, 2018) Asahi Yukizai Corporation held an opening ceremony for its middle East operations at Dubai Airport Freezone – DAFZA.

The new office will play a key role in expanding the company’s business across the Middle East and North Africa region.

The opening ceremony was hosted by Nasser Al Madani, Assistant Director-General at DAFZA, Akima Umezawa Ph.D, Consul-General of Japan in Dubai, and Kazuya Nakano, President of Asahi Yukizai Corporation.

The event was attended by industry representatives, senior ranking officers from DAFZA and Dubai Economy Foreign Investment, FDI, as well as Japanese and local guests.

"Today marks a momentous milestone in our company’s history, as we make our official entry into the Middle East," said Kazuya Nakano. "Asahi Yukizai Corporation has a long history of supporting industries in Japan and beyond, and we have built a strong reputation based on the quality of our products and our customer-centric business philosophy."

Commenting on the event, Al Madani said, "At Dubai Airport Freezone, we are proud to provide world class investment facilities and services, and are very pleased to welcome Asahi Yukizai Corporation.

The UAE has strong commercial links with Japan and our two countries enjoy highly successful trade cooperation, he explained, adding "Dubai Airport Freezone is already a host to a large number of Japanese companies, making up 23 percent of our total Asia Pacific companies. These companies are taking advantage of our strategic location, tax free benefits and superb infrastructure and modern management practices, and we look forward to offering the same advantages to Asahi Yukizai Corporation."

Asahi Yukizai Corporation was established in 1945 to develop and manufacture organic materials (such as wood and plastic etc.) as an alternative to metal materials for industrial use. In 1956 Asahi Yukizai Corporation – Japan developed the world’s first thermoplastic valves. Today, Asahi Yukizai Corporation has a wide range of products (more than 50,000 valves and 20,000 fittings) and six overseas sales offices. The company has attained 60 percent of the plastic valve market share in Japan and 15 percent of the market share in the world.