Sharjah Airport International Free Zone, Tokai Optical ink pact

  • Date: 29-Jan-2024
  • Source: The Gulf Time
  • Sector:Transport
  • Country:UAE
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Sharjah Airport International Free Zone, Tokai Optical ink pact

SHARJAH / WAM 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 under a partnership ...

SHARJAH / WAM

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 under 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 of around AED8 million. The MoU signing ceremony took place at SAIF Zone’s headquarters where

it was attended by key figures, including Saud Salim Al Mazrouei, Director of SAIF Zone, and Kurt Leuridan, CEO of Tokai Optics and a shareholder of Tokai Optical in Japan. The event was also