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Sharjah businesses explore ways to facilitate and boost investments

Abdul Basit (chief Reporter)
Filed on June 2, 2015

The purpose of the meeting was to invite Sharjah's business leaders to identify and discuss the steps that could be taken to facilitate investment into the emirate.

Marwan bin Jassim Al Sarkal  and Saif Mohammed Al Midfa, CEO of Expo Centre Sharjah, at the CEO Clubs Business meeting in Sharjah on Monday. Supplied photo
Marwan bin Jassim Al Sarkal and Saif Mohammed Al Midfa, CEO of Expo Centre Sharjah, at the CEO Clubs Business meeting in Sharjah on Monday. Supplied photo

Sharjah: Doors are open for any investor in Sharjah and the Emirate is keen to develop its relationship with private sector to explore business opportunities in every sector.

This was echoed by top government officials at a business meeting on Monday at Sharjah Chamber of Commerce and Industry. The Sharjah Investment and Development Authority (Shurooq) organised the Sharjah — CEO Clubs Business meeting, bringing together leaders in the business community to explore how the Emirate can continue to improve its standing as an international business destination.

The purpose of the meeting was to invite Sharjah’s business leaders to identify and discuss the steps that could be taken to facilitate investment into the Emirate, overcome potential obstacles, and ultimately build a strong, stable and sustainable investment platform that creates opportunities for a better tomorrow.

“All across the economy the figures tell a potentially very promising story. And in every sector there are exciting opportunities that offer new avenues for growth [in Sharjah],” Marwan bin Jassim Al Sarkal, CEO of Shurooq, told Khaleej Times on the sidelines of the meeting.

“There is much more still to be done. As Sharjah grows, the demands on its infrastructure, its community services and its business environment grow with it,” Al Sarkal exmphasised. Earlier, in his address to the meeting, he said: “This roundtable was a special opportunity to bring Sharjah’s business community together under one roof to explore our Emirate’s future as an investment destination. There are already many ways in which Sharjah has distinguished itself as an attractive business destination: through its diverse economy, world class connectivity infrastructure, and numerous investment incentives, to name just a few.”

Hussain Mohammed Al Mahmoud, director general of the Sharjah Chamber of Commerce and Industry opened the proceedings by highlighting the investment, infrastructure and industrial progress achieved in Sharjah in recent years.

The panel discussion focused on a wide range of key topics related to the long-term growth and success of Sharjah and highlighted the key incentives that continue to attract large scale international investment across every sector.

The distinguished panel guests keenly shared their thoughts and opinions on development issues in the emirate, including health care, waste management and tourism and provided up-to-date analysis for investors. Dr Tariq Ahmed Nizami, founder and CEO of CEO Clubs Network Worldwide, highlighted the potential for investment in Sharjah, and focused on the strategies in place to facilitate continued development in the emirate.

Raed A Bukhatir, Deputy Commercial Director at Saif Zone Sharjah, spoke about the benefits of investing in Sharjah, referencing the large number of sectors that are now well established, and the excellent logistics currently supporting large scale investment in the emirate. Mohammed Juma Al Musharrkh, Head of Investment and Promotion at Shurooq commented on the role of Shurooq in facilitating investment, he detailed the services offered to investors, including the successful efforts to reduce bureaucracy for efficiency, and the excellent advice and support provided at every step of the way to maximise all opportunities.

Dr Abdul Aziz Al Muhairi, director at Sharjah Health Authority highlighted the mix of public and private sector care accomplishments.

Mohammed Al Hosani, director of Sales and New Product Development at Bee’ah talked about future waste management in Sharjah by discussing the range of environmental services available to all investors located in the Emirate and the environment company’s willingness to support all businesses in their progress. Additionally, Abdel Aziz Mohammed Shattaf, Head of Economic Promotion at Sharjah Chamber of Commerce and Industry brought attention to exceptional facilities offered in Sharjah and the current expansion underway to keep pace with growing demand.

abdulbasit@khaleejtimes.com


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