The Sharjah Airport International Free Zone Authority (Saif Zone) has accomplished a series of incredible successes during 2021, cementing its position as a central hub for trade, industry, and logistics services in the territory.
The central hub of the Saif Zone
The commands and vision of His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Ruler of Sharjah and Supreme Council Member, are the main catalytic elements for the authority to comprehend such momentous milestones.
The Saif Zone encompasses 263,000 square feet of diverse land, encompassing warehouses for international firms from Britain, Belgium, India, Spain, etc.
The advertising campaigns of the authority in America, Asia, Africa, Europe, and the Middle East have played a crucial role in imitating strategic collaborations with principal investors. These investors, in turn, articulated their interest to establish their business enterprises in Sharjah and take advantage of the hopeful prospects provided by the emirate.
In 2021, the Saif Zone enhanced and supplemented its digital services with 36 new-fangled features, bringing its comprehensive e-services to 284 services. The authority has released the beneficial owner’s registration and compliance service in the projects section. However, the rental and licensing department added the service to apply for a building permit and establish a new-fangled business. These services are a fraction of an integrated system to manage the experience of Saif Zone consumers with great speed and efficiency.
Saif Zone’s elaborate efforts to decoy direct foreign investments to Sharjah uphold its position as one of the most innovative free zones in the Middle East via a flock of versatile and integrated digital services to augment the ease of doing business.
Advanced Armour Engineering (AAE), a British-possessed and managed steel fabrication firm, has rented additional land in the Saif Zone at an investment of over AED 20 million (USD 5.44 million) as a fragment of its expansion endeavours.
The British company rented extra land encompassing 19,500 square feet, taking its overall area to 67,500 square feet to increase its production capacity.
Concord Enviro FZE, an Indian firm operating in the treatment and recycling of industrial wastewater and seawater desalination, leased an excess of 130,000 square feet plots of land. The excess land established new-fangled facilities to cope with the enhancing demand of the regional markets for the most recent industrial wastewater recycling products produced by the firm in multiple sectors. Sectors included textiles, pharmaceutical industries, distillation industries, tanneries, yeast, paints, steel industries, cement, food and beverages, dyes, electrical, paper industries, etc.
The Saif Zone authenticated an investment agreement with TORRECID, under which the Spanish group will rent three up-to-date warehouses spanning over a region of 20,000 square feet, making it the group’s central headquarters not only in the UAE but also in GCC nations.
The Indian Forpack Industries, one of the pioneering manufacturers of recycled Kraft Board & Coreboard Paper, has leased four warehouses at Saif Zone’s U2 area. The territory encompasses 25.833 square feet, making it the firm’s first headquarter in the UAE.
Bano Puratos, a pioneering Belgian-Lebanese manufacturer and supplier of innovative products of raw materials, machinery, and utensils utilized in the bakery, chocolate, pastry, and ice cream industry, has declared expansion strategies to double its monthly production capacity. In 2022, this doubling will witness a surge from 300 to 600 tonnes and augment the list of products from 45 to 150.
Bano’s production capacity will also grow three-folds in 2023 to accomplish 900 tonnes, as yet another testimony to Sharjah’s position as one of the most efficient investment hubs on the globe. Furthermore, in early 2022, Pano Puratos has set up the territory’s most significant production facility in the Saif Zone with investments assessed at AED 20 million (USD 5.44 million).
The investments resonate with the quality of the facilities provided by the Saif Zone and the authority’s position as an ideological ecosystem for firms striving to extend in the local markets. Saif Zone also possesses advanced infrastructure and logistical services, alongside its convenient location and proximity to airports and international markets.
