Page 15 - Saif Talk Magazine ISSUE 16-v8
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SAIF PARTICIPATION                                                                        SAIF PARTICIPATION




 SAIF ZONE HIGHLIGHTS   SAIF ZONE CONDUCTS

 INVESTOR INCENTIVES AT   INTERNATIONAL BUSINESS


 SPECIALIZED TRADE SHOWS IN   FORUMS IN SRI LANKA


 SAUDI ARABIA







                                                                      “We are interested in
                                                                      Sri Lanka’s trade sector
                                                                      and we also want to
 Having proven to be a popular investment destination for plastics and petrochemical firms, and the   open doors to SMEs for
 print and pack industry, Sharjah Airport International Free Zone (SAIF ZONE) made its presence felt
 at the 15th edition of the Saudi Print & Pack and Saudi Plastics & Petrochemical Trade Exhibition held   entrepreneurs from Sri
 in January 2018 at Riyadh.                                           Lanka.”


 Representing SAIF  ZONE at these  empowerment for boosting local  expansion, a wide range of business
 exhibitions was a team headed by  capacities,” said Saud Al Mazrouei,  opportunities has emerged in
 Saud Salim Al Mazrouei, Director;  on the sidelines of the event. “Key  the plastics and petrochemical
 Raed Bukhatir, Director of Business  decision makers present at the  industries,” he added.
 Development;  and  Business  exhibition who were looking to   Sharjah  Airport  International  Al Mazrouei stated, “SAIF  ZONE  and air networks to perform global
 Relations Executives Ali Al Mutawa  generate new business leads with   SAIF ZONE pitched the unparalleled   Free Zone (SAIF ZONE) attended  offers  many  opportunities  for  business.
 and Jithin Varrier.  buyers and expand into niche or   services and facilities guaranteed   international  business  forums  in  entrepreneurs and investors from   “Companies are attracted to SAIF
 global markets have confirmed   to firms willing to set up base in   Sri Lanka to strengthen trade and  Sri Lanka and the increasing pace
 At both the specialized trade shows,   interest in investing in SAIF ZONE   the Free Zone. “Our delegation   business ties between the two  of trade between the UAE and Sri   ZONE  by  the  array  of  benefits,
 the SAIF ZONE delegation liaised   because of the tax advantages,   received positive response from   regions. The forum titled ‘Taking  Lanka is a positive sign of rapid   incentives and infrastructure,” he
 with decision makers, engineers   logistics  strength,  enhanced  both the events,” said Al Mazrouei.   Business Globally’ was organized  growth at all levels.”   stated. “SAIF ZONE has state-of-
 and developers from both private   supply chain efficiencies, world-  “We support SMEs immensely and   by the National  Chamber  of   the-art facilities in addition to tax
 companies and public institutions   class infrastructure and dedicated   ensure that all companies have   Exports (NCE) in association with   “We are interested in Sri Lanka’s  and duty exemptions, multiple
 and were updated on product   investor support that the Free Zone   access to everything they require to   SAIF ZONE on 8th December 2017  trade sector and we also   license facilities and easy access to
 and  technology  innovations.  offers.”  build and conduct their businesses   at Cinnamon Grand, Colombo. This  want to open doors to SMEs   billions of consumers.”
 “Packaging and printing are one of   efficiently. SAIF ZONE has emerged   successful seminar was followed  for entrepreneurs from Sri   During the course of SAIF ZONE’s
 the most important services in a  “The industrial sectors in Sharjah  as an ideal business hub as even   by two more forums hosted by   Lanka. The Free Zone has been   business outreach in Sri Lanka, at
 business environment that needs  and the UAE are witnessing a robust  an investor with a limited budget   the Federation of Chambers of   offering excellent integrated   an award function organized by
 to expand while the petrochemicals  growth  with  several  large-scale  can set up business units here cost   Commerce and Industry of Sri   business solutions to the   FCCISL, Saud Salim Al Mazrouei was
 sector is considered to be the pillar  developments and infrastructure  effectively.”   Lanka (FCCISL) in association   global business community   conferred with a memento from the
 of industrial growth and a source of  projects underway. To sustain this   with SAIF ZONE on 11th and 13th   President of Sri Lanka Maithripala
             December.                       leading to the formation of
                                             new partnerships, multi-        Sirisena  in  recognition  of  the  Free
             A   high-level  delegation  from  million-dollar investments and   Zone’s role in facilitating economic
             SAIF ZONE including Director HE   expansion plans,” he added.   and    commercial   cooperation
             Saud Salim Al Mazrouei, Business                                between the two entities. The
             Development Manager Thomas  Enlightening the firms on the       award ceremony was attended by
             Joseph,    Business   Relations  advantages of investing in SAIF   several  high-profile  business  and
             Executives Ali Al Mutawa and  ZONE,     Business  Development   government heads from Sri Lanka.
             Vishnu Sunil, represented the   Manager Thomas Joseph asserted
             business district at these forums.  that it is one of the largest growing
                                             trade zones in the world, with
             Addressing the forum in Colombo,   three  well-connected  sea  ports


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 14  ISSUE 16   JULY 2018                                                                S SAIF TALK   JULY 2018AIF TALK   JULY 2017  15
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