Page 7 - Al Tijarah - June 2021
P. 7

Al Awail facilities, at the head of  a   start from the UAE to many international   improving  its attractiveness and global
         delegation from the  Authority, recently   markets.                  competitiveness.  He stressed that the
         inspected the company's factory, which is                            association  of industries  with  innovation
         one of the first companies in the world   Al Mazrouei pointed out  that Sharjah   is the basis for the success of corporate
         to create a high quality electronic product   and its free zones are today considered   products  in reaching wider  consumer
         that explains and organizes the prayer   among the most important leading   categories  in  various  international
         times, stressing the authority's keenness   regional and international destinations   markets, so Hamriyah Free Zone is always
         to support all investors, especially in the   in  stimulating innovative  industries   keen to  attract  innovative  investments,   50
         industrial sector, in accordance with the   and  products,  in  accordance  with the   which contribute to the advancement of
         UAE’s Unified Industrial Brand Identity   directives of  His Highness  Sheikh Dr.   economic development in Sharjah and the
         “Make it in  the Emirates”, through  the   Sultan bin Mohamed Al Qasimi, Member   UAE in general by excellence in providing
         outstanding logistics structure provided by   of  the Supreme Council  and  Ruler  of   the best new and innovative services and
         the region to develop factory services and   Sharjah, in diversifying the economy and   smart solutions.

            Sharjah Airport International Free Zone attracts                                                    SHARJAH ACTIVITIES

                                       “Forpack industries”

         The Sharjah Airport International
         Free Zone (SAIF Zone) has further
         strengthened its position as a prominent
         destination for international industrial
         companies with the announcement of
         India’s world leader in the production,
         manufacture  and  recycling  of  kraft
         paper, cardboard and plastic products,
         to lease four warehouses in the U2
         region  of the  Authority, with  a  total
         area of 25,833 square feet, after
         announcing the expansion of its
         activities in the region and the opening
         of its first branches in the UAE from
         the Sharjah Airport Free.

         The company's announcement of its   provide integrated packaging solutions,   first branch in Sharjah. He pointed
         investments in Sharjah SAIF Zone   production  and  marketing of  rubber   out that the emirate, under the wise
         came through the signing of a recent   adhesive wraps, with an estimated   guidance of His Highness Sheikh
         memorandum of understanding by     annual return on the company's  first   Dr. Sultan bin Mohamed Al Qasimi,
         Saud Salim Al Mazrouei, Director   phase business of AED 50 million, and   Member of the Supreme Council
         of Sharjah Airport Free Zone, and   aims to manufacture other products   and Ruler of  Sharjah,  has  become
         Samir Lakhani, Chairman of Forpack   such  as paper napkins, cardboard   an ideal and preferred destination
         Industries,  in  the  presence  of  senior   boxes and other plastic products.  for establishing business  as a  result
         officials and managers from both sides.                              of the availability of advanced
                                            Al Mazrouei welcomed the decision   infrastructure, global logistics and
         Under    the   memorandum     of   to  join  Forpack  Industries  in  the   stimulating services, as well as
         understanding, the company will invest   Free Zone of Sharjah International   strategic geographical location and
         an initial capital of AED 10 million to   Airport and the inauguration of its   diverse investment opportunities
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