2,000 Firms from 106 Countries Start Operations at Sharjah Publishing City Free Zone

  • Date: 17-Jan-2022
  • Source: Asharq AL-awsat
  • Sector:Economy
  • Country:Lebanon
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2,000 Firms from 106 Countries Start Operations at Sharjah Publishing City Free Zone

Sharjah Publishing City Free Zone (SPC Free Zone) has announced that in 2021, it witnessed impressive growth in the number of new company registrations with a total of 2,000 new companies from across 106 countries, mainly from the UK, India, Pakistan, the Philippines, and Lebanon, Emirates News Agency (WAM) reported.

Stakeholders in the education and publishing sectors, and creative sector players such as translation agencies and linguistic editing offices, have leveraged SPC Free Zone’s nurturing and supportive environment and advanced infrastructure to conduct business and expand operations in the region in 2021, it said.

According to WAM, the number of newly registered publishing companies and allied businesses have risen over the previous year. This reflects the emirate’s ongoing efforts to attract investments in diverse economic sectors, including creative industries, through the free zone’s portfolio of advanced services and state-of-the-art facilities that cater to investors’ needs.

The launch of several initiatives to attract investors and cultural and academic entities to set base in the emirate has seen SPC Free Zone successfully strengthen its leading position as a driver of economic growth and diversification and become a haven for entrepreneurs across a spectrum of creative industries.

Covering an area of 40,000 square meters, SPC provides 600