Rashid Al Leem Director General Sharjah Department of Seaports & Customs and HFZA with high profile business delegation of All Indian plastic Manufacturers Association (AIPMA) at HFZA head office
A high profile Indian business delegate recently visited HFZA and met with Rashid Al Leem, Director General of Sharjah department of seaports & customs and Hamriyah Free Zone Authority to strengthen bilateral business association and investment promotion. The delegation led by Manish Dedhia Hon. secretary of All Indian plastic Manufacturers Association (AIPMA) and the other high profile members.
Director General Rashid Al Leem briefed the delegate about HFZA's achievements and future plans, including the role played by HFZA as a growth catalyst that contributes to Sharjah and UAE's economic growth and prosperity.
Hamriyah Free Zone operates with a special focus on the Small and Medium Enterprises sector," said Rashid Al Leem, Director General, HFZA while calling upon AIPMA members to invest in one of the largest free trade areas in the Middle East. "By easing SMEs access to finance, markets and entrepreneurship policies, HFZA will help strengthen competitiveness of businesses and create new jobs, and ultimately reinforce the growth potential of the economies concerned."
AIPMA is one the prestigious, oldest & the largest apex body representing the Plastic Industry of India, has been playing an active role over 50 years in promoting trade.
AIPMA Hon. Secretary Manish Dedhia thanked the Director General, HFZA, for his valuable insight into the high quality services and infrastructure facilities offered by HFZA to welcome foreign investment and applauded its role in encouraging an entrepreneurial culture.
As India's largest trading partner and home to one of the largest Indian expatriate population, the UAE's proximity to India also makes HFZA an ideal business base for investors.
"The Free Zone offers best infrastructure facilities and high quality services to welcome foreign investment in various sectors like manufacturing, trade and services," said Al Leem. "Besides the advantage of being in a strategic location to access global markets, HFZA also offers 100% ownership, tax free environment and 100% repatriation of capital and profits, amongst various other competitive incentives."
The fact that 5,700 companies from 138 countries have collectively pumped in more than Dh 25 billion since its inception in November 1995 is a fitting testimony to HFZA's success as a dynamic and investor-friendly free zone, Director General added.
© Press Release 2012
