Sharjah - Sharjah FDI Office (Invest in Sharjah) has presented the exceptional investment advantages and business opportunities offered by the business-friendly emirate to a number of high-profile investors and decision-makers from India and around the world participating in Vibrant Gujarat Global Summit 2019, running from January 17-22 in the state capital, Gandhinagar.
Invest in Sharjah participated at one of India’s most important business forums, as part of the UAE pavilion, under the presence of H.E. Dr. Thani Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment and H.E. Dr. Ahmed Al Banna, UAE Ambassador in India, and a number of senior officials who explored Sharjah’s key investment opportunities for the new year, and its developing strategy for FDI growth.
Indian Prime Minister, Narendra Modi, along with senior representatives of several of the nation’s economic and political entities visited the UAE pavilion at the summit. HE toured the stands of Emirati foundations and departments and explored the nation’s efforts, like attractive investment legislations and key achievements since its inception.
The emirate’s FDI Office has furthered its international strategy to bring foreign investors closer to fast-growing foreign direct investment landscape in Sharjah and the UAE, which has been diversifying rapidly in the past few year to record sizeable growth in non-oil sectors.
The UAE and India are the most important trading partners in the non-oil trade sector.
The event linked representatives from Invest in Sharjah with the best economic experts from across the world to explore how future partnerships can be established to promote the agenda of inclusive and sustainable development whilst meeting some of the current global challenges.
During the UAE Country Seminar, which took place as part of the summit’s main event, Mohamed Juma Al Musharrkh, CEO of Sharjah FDI Office (Invest in Sharjah), presented an overview of Sharjah’s leading FDI sectors, particularly, Tourism & Leisure, Light Manufacturing, Education, Transport & Logistics, Healthcare, Environment, and spoke about the development projects currently being implemented in the emirate.
Al Musharrkh remarked: “This five-day summit, which brings together India’s leading companies and a host of senior businesspersons and government officials, is an ideal platform for Invest in Sharjah to introduce Indian and subcontinent partners to the exceptional incentives and assistances we offer to those who wish to invest in the emirate.”
The CEO of Sharjah FDI Office underscored that Sharjah’s attractive and robust business environment has already attracted 24,000 Indian companies in a variety of sectors, who have set up operations in both the emirate’s free zones and on the mainland. He emphasised the emirate’s strategic location, and sophisticated infrastructures for air and seaports and stature as some of the key drivers of Indian FDI in the Gulf region, which is valued at USD 137 million.
This was Invest in Sharjah’s first participation at an important international event in 2019, and will be followed by a series of visits to many countries worldwide. These visits aim to boost the vibrant presence of Sharjah in line with its objectives and communicate the positive FDI environment in the emirate through strengthening partnerships with international companies and investors.
Sharjah FDI Office has participated in several networking events that aim to boost India-UAE economic relations. These include the UAE-India Partnership Summit 2016, Vibrant Gujarat Global Summit 2017 and UAE-India Economic Forum 2018, which was organised during Invest in Sharjah participation in the UAE-India Partnership Summit 2018 in Dubai.
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About Invest in Sharjah:
Established in 2016, the Sharjah FDI Office (Invest in Sharjah) is the investment promotion agency of the Emirate of Sharjah, launched by the Sharjah Investment and Development Authority (Shurooq). It also functions as a key facilitator to investors, servicing them with a 360-degree informative and physical support, allowing them to fully understand processes, investment advantages and insights on key sectors that fit their business profiles in Sharjah.
As one of the emirate’s key economic growth drivers, Invest in Sharjah is dedicated to the continued transformation and economic diversification of the emirate, and is committed to guiding foreign investors to the unique opportunities and potentials that Sharjah offers to global markets. Its mission is to work collectively with the emirate’s public and private sectors, to guide investors towards strategic and personalised opportunities, promoting collaborations for bilateral growth and update investors on Sharjah’s unique business culture, modern facilities, latest regulations and policies as well as business platforms and free zones that incentivise new prospects.
Invest in Sharjah also works in close partnerships with numerous state entities in the emirate, and has hosted numerous business roundtables and seminars in Sharjah and across the world, attracting unique investments and future ventures with business leaders from The Americas, Europe, Middle East, Gulf Region, Asia and the wider Asia-Pacific Region.
Invest in Sharjah has organised and participated in numerous leading business and investment conferences and seminar in Sharjah and the rest of the world. It is responsible for organising / hosting the Euromoney Conference Sharjah, the Sharjah FDI Forum, the Sharjah Ramadan Majlis and a number of high-level businesses conferences.
For more information, please visit www.investinsharjah.ae or you can contact +971 6 556 0444. For the latest news on Invest in Sharjah on social media, follow @investinsharjah on Twitter and Instagram.
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