SEDD organises ‘Towards Sustainable Industrial Future’ Forum

SEDD organises ‘Towards Sustainable Industrial Future’ Forum

SHARJAH, 6th June, 2023 (WAM) -- The Sharjah Economic Development Department (SEDD) organised the “Towards Sustainable Industrial Future” Forum, which brought together a number of officials and investors in the industrial sector in Sharjah and UAE, to discuss the pioneering experience of SEDD in the industrial sector.

The forum also dealt with Sharjah-provided facilities and privileges in this sector, and exchanges of views on the challenges facing the industrial sector and ways to drive its growth.

At the beginning of the meeting, SEDD presented a detailed explanation of the industrial office licensing procedures in the emirate of Sharjah.

After that, the Ministry of Industry and Advanced Technology gave a presentation of the Manufacturers Programme, while the Federal Tax Authority gave a presentation about the value-added tax procedures and the VAT registration mechanism.

Moreover, the Emirates Development Bank reviewed the financing solutions provided for the industrial sector.

The meeting also discussed the role of the private sector in supporting and developing the industrial sector.

Also, it highlighted their role in supporting the economic development in Sharjah, and how they help in enhancing the emirate's gross domestic product, especially in light of the diversity of industrial products, which were not limited to the oil derivatives industries, but extended