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Sharjah explores ways to strengthen industrial sector
Published in The Saudi Gazette on 27 - 12 - 2012

Sharjah Investment and Development Authority (Shurooq) is planning to hold a series of meetings with leading industrial companies and investors in Sharjah, to explore means and mechanisms necessary to deal with obstacles and challenges facing them, come up with recommendations to solve them and study avenues for joint cooperation between both parties.
Marwan bin Jassim Al Sarkal, CEO Shurooq, said “the idea of organizing these meetings came after the authority's first participation in the five-day “Made in Sharjah” exhibition, which was organized by Sharjah Chamber of Commerce and Industry (SCCI), with the participation of more than 300 local industrial companies.” He stressed the importance of having a specialized regulatory body to address the problems and concerns of investors in the industrial sector and submit the proper recommendations to solve them for decision makers.
“Supporting investment and overcoming obstacles that may face local and foreign investors are of the key goals Sharjah Investment and Development Authority was established for. ‘Made in Sharjah' exhibition offered us a platform to meet with executives and managers of major and small industrial companies in the emirate where we had a chance to introduce them to Shurooq, its mission, objectives and listen as well to their views, opinions and suggestions concerning the current status of the industrial business in Sharjah.”
Sharjah is a home to more than to 1,700 industrial establishments including big, medium and small enterprises, which is a clear indication of the emirate's attractive environment that lures investors in the industrial sector, attributed to flexible and encouraging economic laws and legislation. — SG


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