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Sharjah / WAM
A 27-member Japanese trade delegation recently visited Sharjah Airport International Free Zone – SAIF Zone- to explore the investment opportunities in the region and to strengthen economic relations between SAIF Zone and Japan traders.
The delegation consisted of members from The RUM Alliance (Re-Use Motorization Alliance) was led by Norihiko Kondo and held discussions with Raed Bukhatir, Deputy Commercial Director of SAIF Zone.
In a presenation, Bukhatir briefed the delegation on the projects and activities, facilities and advantages offered by the free zone in different investment sectors. “We provide investors with a range of administrative and licensing services under one roof, along with technical support services, obtained through a set of services related to a distinctive set of technical solutions provided by Information Systems Management, living up to the requirements of companies specialized in IT sector,” he said.
Saud Saim Al Mazrouei, Director of SAIF Zone and the Hamriyah Free Zone who pointed out the distinctive economic relations between the UAE and Japan said that the visit will strengthen and promote the interest from both sides.
Al Mazrouei said that the UAE is Japan’s 5th largest export destination of passenger motor cars in the world creating a huge scope for used engine trade. “We had visited some automobile companies in Japan including Hino to explore the Japanese auto market in order to utilise their expertise,” he added.
Maqbool Ahmad Shad, executive director of Kaiho Middle East (KME), the local subsidiary of KAIHO Sangyo Co. Ltd in Japan and a member of the Japanese business team, expressed his happiness over the visit of delegation.
SAIF Zone houses more than 7,000 companies from 149 countries with over 45 thousand investors and employees.