New investment adds to the S$11.5 billion the company has poured into the Asia Pacific Region until 2023
"The event which showcased futuristic technologies and innovation was an excellent platform for us to network with entrepreneurs and decision makers from various industries such as oil and gas, automobiles, pharmaceutical, food processing, fertilisers and chemicals, cement, glass, OEMs, electrical and electronics and many other automation technology and solutions providers," said Saud Salim Al Mazroui, director of HFZA and Sharjah Airport International Free Zone (Saif Zone).
"We offer the best infrastructure facilities and excellent services to welcome foreign investment into various sectors such as automation, manufacturing, trade and services," he said.
He said HFZA has registered a record number of manufacturing facilities during the last three years and the free zone now has 324 manufacturing units, including steel fabrication and other manufacturing units.
"India's automation industry is rapidly growing due to the adoption of newer technologies and HFZA is the best hub for companies to get quick access to over two billion customers," Al Mazroui added.
"We have highlighted HFZA's advantages to Indian companies and our booth stirred great interest among hundreds of investors and businessmen," said Ali Al Jarwan, deputy commercial director who represented HFZA at the Automation Expo.
Hamriyah Free Zone currently houses over 6,500 companies from 157 countries.
- business@khaleejtimes.com
New investment adds to the S$11.5 billion the company has poured into the Asia Pacific Region until 2023
Safety experts have said the problems at the company suggest significant safety culture defects that will not be turned around quickly
'Aquarabia' will offer extreme watersports zone dedicated to rafting, kayaking, canyoneering, free solo climbing and cliff jumping and more
From street food vendors to mid-market restaurants, people have a wide range of options
Temperature will reach up to 41ºC and 39ºC in Abu Dhabi and Dubai, respectively
Even Ramadan was a 'very healthy' month across the country and Dubai in particular, reveal experts
Free for users, Palm Pay will be rolled out gradually throughout 2024
Experts identify the indicators that parents should be vigilant about