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01 March 2024

Hamriyah Free Zone aims to attract Turkish companies

By Staff

Sharjah’s Hamriya Free Zone hopes to attract Turkish companies following its various market initiatives in the country.

During February 10 to February 22, a Hamriyah Free Zone Authority delegation headed by Director of Commercial affairs Saud Salim Al Mazrouei organised three seminars in Istanbul, Ankara and Konya, highlighting the incentives the free zone could offer to Turkish companies.

“Turkey has been identified as one of the most potential emerging markets to be benefitted from our Free Zone incentives and attractions. Accordingly, our marketing machinery has been spearheading various marketing initiatives in Turkey,” Al Mazrouei said.

Recently, another delegation had visited major cities of Bursa and Sakarya with government officials and businessmen. The highlight of the events was key incentives and opportunities that Turkish investors can avail from Hamriyah Free Zone to expand their market reach into the Mena region.

The potential investors were impressed by its track record of over 5,000 investors from 149 countries with an investment exceeding $2 billion within a short span and HFZ’s service levels wherein licenses can be issued even in 2 hours with one stop services to assist them with their business needs.

“The response to these initiatives has been tremendous. Over 300 Turkish businessmen attended the events and exchanged views and sought clarifications from the Free Zone delegation. Many of them hoped to convert their serious inquiries into Free Zone licenses after discussions with their organizations,” he said.