HFZA explores investment opportunities with Turkish delegation

HFZA explores investment opportunities with Turkish delegation

SHARJAH, 27th February, 2023 (WAM) – A delegation of 143 senior officials and directors from prominent food and beverage companies in Turkiye recently visited the Hamriyah Free Zone Authority (HFZA) to explore new investment opportunities and experience the quality services provided to investors in the sector.

During the visit, the Turkish delegation was briefed on the investment incentives and advantages offered by the "Food Park," the first and largest integrated city for food and commercial industries in the UAE and the region. They were introduced to the exclusive services provided by the complex, specially designed for investors in the food industry sector.

Welcoming the delegation, Saud Salim Al Mazrouei, Director of HFZA, emphasised the zone's keenness to attract Turkish investments and promote stronger investment and trade ties between the UAE and Turkiye. He noted that the UAE is Turkiye's first trading partner in the Arab region, with non-oil foreign trade valued at about AED 50.368 billion in 2021, and that bilateral and economic relations between the two countries have recently achieved qualitative leaps.

Al Mazrouei further stated that the "Food Park" within HFZA plays a crucial role in supporting the business sector not only in Sharjah but also in the UAE. Serving as