Sharjah Publishing City Free Zone Attracts 100 Enterprises From 23 Countries In 2020

Sharjah Publishing City Free Zone Attracts 100 Enterprises From 23 Countries In 2020

Leveraging Sharjah's strategic location and business-friendly environment, Sharjah Publishing City Free Zone (SPCFZ) has been playing a key role in bringing publishing companies, education providers, and allied businesses from around the globe to the emirate, enabling the entry and expansion of industry players into the MENA region.

Despite a challenging economic year resulting from the COVID-19 pandemic, 100 new enterprises from 23 countries, including five higher education institutions, chose SPC Free Zone as their base in the region this year.

It is a testament to the advantageous free-zone business environment with numerous benefits that SPC Free Zone offers including 100 percent foreign ownership, best-in-class infrastructure replete with fully-equipped office spaces, and comprehensive allied services like printing, licensing and distribution, underscoring its position as a leading economic and investment destination for investors from across the world.

India tops the list

Companies from India topped the list of the 28 enterprises that registered at SPC Free Zone this year, followed by the UAE, Lebanon, Jordan, Palestine, Iraq, Syria, Kuwait, KSA, Egypt, Pakistan, Malaysia, Ireland, Albania, the Philippines, Turkey, New Zealand, Tanzania, Singapore, the UK, Sweden, Ghana, and Sri Lanka.

Companies specialising in the publishing sector made up the lion's share of the new entrants.

The rest of the