Sharjah’s SEDD, Shams look into ways for developing economic cooperation

By Amirtha P S, Desk Reporter
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The Sharjah Economic Development Department (SEDD) and Sharjah Media City (Shams) have discussed ways for enhancing cooperation and coordination between the two parties for the economic benefit of the investor.

Sultan Abdullah bin Hadda Al Suwaidi, Chairman of SEDD, and several directors, advisors of the department welcomed Dr. Khalid Omar Al Midfa, Chairman of Shams and his delegation at the SEDD headquarters.

The SEDD Chairman highlighted the visit’s role in strengthening relations and accelerating development. One of the department’s main tasks is to develop Sharjah’s economy in order to achieve its vision for a diversified, competitive and innovative knowledge-based economy based on a strategic plan for designing and leading comprehensive economic development in the emirate. Further, SEDD explained the structure and work strategy followed in common areas and the latest technologies and solutions it used. 

The two parties discussed mechanisms and ways to enhance cooperation to serve all sectors in Sharjah. They also analyzed many common issues in the public interest and exchanged ideas on some procedures followed. 

The SEDD Chairman stressed that such visits and meetings are important to enhance cooperation and exchange the vision between various government agencies in the emirate. The two parties also discussed the attractive investment climate in the country and the incentives and benefits it provides.

During the meeting, the Shams team affirmed their keenness to boost cooperation with SEDD to contribute to the development of mutual work system to find outputs that serve all parties and improve the levels of service provided to investors. This contributes to the country’s orientation towards establishing a solid economy characterized by knowledge and sustainability, supports attracting foreign investments in all sectors, and enhances the country’s competitiveness at the global level.

The two parties also stressed the importance of enhancing future cooperation in line with the government service standards that the local and federal governments aspire to. They also noted the key role of such meetings to accelerate development processes and enhance the investment movement in Sharjah.

Related: Saudi Arabia, Qatar to bolster economic & political cooperation

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