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NEW DELHI / WAM
The Hamriyah Free Zone Authority (HFZA), organised a seminar in New Delhi for potential investors from different sectors in India, to promote investment opportunities in the Emirate of Sharjah, in particularly at the free zone. Saud Salim Al Mazrouei, Director of HFZA and Sharjah Airport International Free Zone (SAIF Zone), and Rohit Sanga, Managing Partner of India Events, hosted the seminar.
“India is a key market for the Hamriyah free zone. Currently, a number of
Indian companies are expanding into the region to ensure their presence in the
Middle East,†said Al Mazrouei, who led the delegation to India.
Sharjah has become a global transit point and gateway to Africa, India, and other parts of Asia, and the Hamriyah free zone is keen to expand its operations. According to figures, Indians have invested nearly US$50 billion in businesses in the UAE. Of the 15,000 companies which operate out of the Sharjah free zones, about 7,000 are owned and controlled by Indian investors.