The Hamriyah Free Zone will
showcase its leading role in supporting the global and regional iron and steel
trade, as well as its competitive advantages at the 18th edition of ‘SteelFab
2023’ exhibition.
Being organised by Expo
Centre Sharjah from January 9 to 12, the event is scheduled to bring together
industry leaders and experts from major countries in the field, along with top
local and regional companies.
The Free Zone is home to more
than 180 companies specialised in welding and mining that operate globally from
HFZA.
Perfect platform
Saudi Salim Al Mzrouei,
Director of HFZA, said that SteelFab 2023 will provide the free zone with an
ideal platform to learn about the latest developments in the market, industry
requirements, and the needs of manufacturers and investors in this
sector.
It will also offer a good
opportunity for meetings with leading companies in the sector and introduce
them to the advantages of investing and establishing businesses in HFZA, as
well as to the facilities offered to investors and how feasible it is to build
a strategic presence in the UAE, the Middle East and North Africa. During the
event, HFZA will also highlight Sharjah's development journey, which has made
it an international business centre.
Al Mzrouei went on to say
that through its presence in this year's show, the Free Zone looks to promote
its position as a leading regional and global hub for the iron and steel
industry, especially as this particular business is one of the major sectors
within the Hamriyah Free Zone and accounts for a large share of foreign
investments and multinational and international companies working in this
field. HFZA’s steel businesses not only provide their services to regional markets
but also global ones, benefiting from HFZA’s world-class infrastructure in
addition to multiple and smooth access to international markets.
Advanced infrastructure
In addition to offering
industrial and commercial plots of land, HFZA, one of the largest
industrial-free zones in the UAE, provides advanced infrastructure and modern
facilities that strengthen external expansion plans for investors, especially
in importing and re-exporting, to the world’s markets.
It also provides countless
competitive advantages, most notably a single-window operation that boosts
efficiency and eases procedures for doing business, along with multiple tax
exemptions, repatriation of capital and profits, full foreign ownership of the
business, and quick access to regional and global markets.-- TradeArabia News Service