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Volume # 08 | August, 2013

UAE Freezones Biz News Updates

 
Dr. Rashid Al Leem honored for boosting UAE-Malaysia & Italy trade ties at Kuala Lumpur

Dr. Rashid Al Leem is honored in recognition of his efforts for improved business trade at KL Malaysia


In recognition of his contributions in promoting and accelerating business & trade relationship between UAE and Malaysia & UAE and Italy, Dr. Rashid Al Leem, Director General Sharjah Department of Seaports & Customs and Sharjah Free Zones Authority was honored by H.E Carlo Allaria, The president of Malaysian-Italian Chamber of Commerce & Industry at Kuala Lumpur, Malaysia.


The Asian Korea SME Conference 2013 was held alongside the exhibition under the theme 'SMEs Changing the Game'. The conference provided a platform for ASEAN SMEs to leverage on the networking and business opportunities.. HFZA was able to forge strategic business partnerships, exchange information and network with high-ranking officials on different business sectors in both the private and governmental organizations.


At the event; Dr. Alleem Highlighted the success of Hamriyah Free Zone Authority, reputed to be a "hotbed for SMEs", he detailed how it has now grown to encompass 6,000 Companies from across 150 countries. The Free Zone has attracted investment of more than US$ 20bn in foreign direct investment to the region thereby strengthening its enviable position as one of the fastest-growing business hubs in the Middle East, he added.


As a leading Free Zone in the UAE, HFZA consistently continuing to support the SMEs, Believes in the importance of SMEs and on its rapidly gaining credence as one of the key contributors of economic progress of any nation. Alleem urged the SME community to be competitive to face the new challenges and to be an organization with "Glocalisation" mind set.


"By incorporating a responsible regulatory environment, world class infrastructure and innovative products and services that enhance commodity trade flows, and contributing to the overall growth of the nation, the Hamriyah Free Zone Authority has evolved as one of the leading success stories of the UAE. " Dr. Rashid said.


July 07, 2013
 

Courtesy Zawya.

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