Page 155 - SOBHA REALTY PR REPORT - NOVEMBER 2024
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11/27/24, 11:23 AM Hamriyah Free Zone exhibits investment opportunities as B...
across sectors, particularly in building and construction.
Also being highlighted are the benefits of HFZA’s efficient logistics solutions and a comprehensive
range of products tailored to meet the diverse needs of businesses operating within the free zone.
Saud Salim Al Mazrouei, Director of HFZA, emphasized that the authority is committed to attracting
sustainable and innovative investment projects to the construction and urban development sector.
During the Big 5 exhibition, we are showcasing key promising opportunities in this sector, including
the establishment of building materials factories adhering to the latest specifications and industrial
systems, as well as regional distribution centres. Our services are tailored to draw more investments
into sustainable construction and reinforce HFZA’s role in supporting sustainability at both the UAE
and regional levels.
“Through the exhibition, we look forward to highlighting our prolific investment opportunities. The free
zone offers diverse industrial and commercial land options with advanced infrastructure and state-of-
the-art facilities, designed to support the expansion plans of investors aiming to establish a presence
in regional markets from Sharjah.”
“Particularly in the fields of import and re-export, HFZA provides investors with highly efficient
logistics services, access to a wide range of products to meet business needs, and an integrated
system for administrative services and licensing, all under one roof. This streamlined approach
ensures a thriving business environment that aligns with international best practices,” Al Mazrouei
said.
Hamriyah Free Zone stands out as a beacon of sustainability and innovation, offering a unique mix of
competitive advantages and advanced infrastructure. The free zone is committed to fostering a
supportive and integrated business environment, positioning itself as a strategic partner for investors
across various sectors, including construction and urban development.
Through its active participation in international exhibitions, Hamriyah Free Zone showcases its
potential as a premier investment destination. Its competitive benefits include a streamlined single-
window system to enhance efficiency and simplify business operations, tax exemptions, full
repatriation of capital and profits, full foreign ownership of businesses, and seamless access to
regional and global markets.
RAKEZ: Ras Al Khaimah Economic Zone (RAKEZ) is participating in the Big 5 Global exhibition,
taking place at the Dubai World Trade Centre from 26th to 29th November.
The event highlights the immense investment opportunities offered by the UAE's construction sector,
which is experiencing rapid growth and accounts for 44% of new projects in the Middle East and
North Africa region.
RAKEZ Group CEO Ramy Jallad said, "Ras Al Khaimah alone hosts over 1,000 projects valued at
more than US$75 billion, including the US$5 billion Wynn Resort project.
https://www.gulftoday.ae/business/2024/11/26/hamriyah-free-zone-exhibits-investment-opportunities-as-big-5-global-takes-off 2/3
