Sharjah’s Hamriyah Free Zone to attract more Indian investments

By Salma C, Intern Reporter
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HFZA India
HFZA Officials with IIFT students delegation

Sharjah’s empowering enterprise, Hamriyah Free Zone is planning to deepen its efforts to attract further investments from India in the coming years by providing extra facilities. 

This will help companies develop in several promising areas in the Middle East and GCC countries, Mr. Saud Salim Al Mazrouei, Director, Hamriyah Free Zone Authority (HFSA) told a delegation of students from the Indian Institute of Foreign Trade (IIFT), one of the top 10 institutes in India.

Mr. Al Mazrouei remarked that, “This visit is nothing but a culmination of the strong partnership between the UAE and India, especially as both counties have recently signed a Comprehensive Economic Partnership Agreement, which will push their relations into a new historical era of joint cooperation.”

The delegation’s visit was aimed at understanding HFSA’s unique services, facilities, promising investment opportunities and the attractive benefits offered to investors willing to set up businesses in various financial sectors.

Mr. Ali Al Jarwan, Deputy Commercial Director at HFZA, received the delegation and introduced students to the success story of the Hamriyah Free Zone through a presentation.

Mr. Al Jarwan briefed the students on the various business sectors operating within the free zone, apart from the most important pull factors that make Hamriyah Free Zone special, including the strategic location connecting the East and the West, an extensive land, sea and air transport network and the speedy distribution of various licenses. In addition to other administrative, technical and logistical services that facilitate business.

Established in 1995, Hamriyah Free Zone is ideally located in the Emirate of Sharjah,  offering economically viable incorporation services including modern infrastructure, logistics, investor connectivity and critical operations support for its investors, encouraging regional, international trade and commerce.

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