SAIF Zone inks MoU with Tokai Optical, reinforcing its position as a leading Middle East Free Zone

SAIF Zone inks MoU with Tokai Optical, reinforcing its position as a leading Middle East Free Zone

- Al Mazrouei: Sharjah continues to bolster its competitiveness and attractiveness for foreign direct investments.

- Al Mazrouei: Tokai’s decision reinforces growth in the industrial and medical sectors, solidifying the emirate's status as a premier destination for high-quality investments.

- The company is a top 5 global prescription lens manufacturer, ranking among the top 3 in research and development and holding the world record for the thinnest lens.

- Leuridan: SAIF Zone’s investment-friendly environment was a key factor in our decision to establish a presence in the free zone.

- The Japanese company, founded in 1939, boasts a global workforce of over 1,100 employees across the group.

Sharjah: Sharjah Airport International Free Zone (SAIF Zone) continues its remarkable growth trajectory, solidifying its reputation as one of the fastest-growing free zones in the Middle East with Tokai Optical Co., a prestigious Japanese company renowned for its expertise in prescription lens manufacturing, basing its operation in the free zone by virtue of a partnership agreement signed between both sides.

Under the terms of the memorandum of understanding (MoU), Tokai Optical will lease a warehouse covering approximately 4,300 square feet within the Free Zone. This marks the first phase of Tokai Optical's expansion in SAIF Zone, representing an investment