SHARJAH / Emirates Business
Sharjah Airport International Free Zone (SAIF Zone) signed a Memorandum of Understanding with the Portuguese Industrial Association – Chamber of Commerce and Industry (AIP-CCI).
The MoU, which was signed by Saud Salim Al Mazrouei, Director of SAIF Zone and Hamriyah Free Zone Authority and Jorge Pais, Vice President of AIP â€“ CCI aims to enhance mutual cooperation in the sectors of investment and business.
The ceremony which took place in Lisbon, Portugal was attended by senior officials from SAIF Zone and AIP-CCI. â€œThe MoU will help SAIF Zone and AIP-CCI to enhance the volume of investment and trade. We are happy to go for an MoU with one of the oldest chambers of commerce and industry associations in Europeâ€, Al Mazrouei said after the signing ceremony.
â€œThis will lead to more investment opportunities. We have excellent infrastructure and modern facilities at SAIF Zone, which is an ideal gateway for new business opportunities.
This MoU will further foster fraternal business relationships between the emirate of Sharjah and Portugalâ€, Al Mazrouei added.
Al Mazrouei explained that the aim of this MoU is to create general collaboration and promotion of investment and businesses in Portugal and Sharjah. Both parties will refer investors to each other. In addition, both sides will share knowledge and information, technical expertise, ensure the cooperation between companies and promote research and innovation in SME.