Middle East Business: HFZA plans to attract more Indian investments – Gulf Digital News

  • Date: 28-Feb-2022
  • Source: Gulf Digital News
  • Sector:Economy
  • Country:Middle East
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Middle East Business: HFZA plans to attract more Indian investments – Gulf Digital News





Sharjah's Hamriyah Free Zone is planning to redouble its efforts to attract further Indian investments in the coming years by providing extra facilities. 

This will help companies expand in the Middle East and the GCC countries across many promising sectors, Saud Salim Al Mazrouei, Director of the Hamriyah Free Zone Authority (HFZA), told a delegation of students from the Indian Institute of Foreign Trade (IIFT), one of the top 10 institutes in India.

“This visit is nothing but a culmination of the strong partnership between the UAE and India, especially as both counties have recently signed a Comprehensive Economic Partnership Agreement, which will push their relations into a new historical era of joint cooperation,” he said. 

The delegation’s visit aimed to learn about HFZA’s unique services, facilities and promising investment opportunities as well as the attractive advantages offered to investors willing to set up businesses across various economic sectors.

Ali Al Jarwan, Deputy Commercial Director at HFZA, received the delegation where he introduced students to the success story of the free zone through a presentation.

Al Jarwan briefed the students on the various business sectors operating within the free zone, in addition to the most important pull factors