UAE- Sharjah woos Hong Kong investors


(MENAFN- Khaleej Times) In another ambitious move to increase Sharjah's depth and reach of foreign investment, some of the emirate's most influential economic drivers met with trade delegates, officials and businesspeople from Hong Kong recently, to present the unique opportunities and incentives which make Sharjah one of the most attractive investment destinations in the region.

Sharjah FDI Office (Invest in Sharjah), the investment promotions arm at the Sharjah Investment and Development Authority (Shurooq), in association with the Sharjah Chamber of Commerce and Industry (SCCI) and Hamriyah Free Zone (HFZA), with the association of the Hong Kong Trade Development Council (HKTDC) organised the Sharjah Hong Kong Business Roundtable, where more than 100 Hong Kong and UAE business and company representatives came together at the headquarters of the SCCI.

Aiming to explore new ways to strengthen economic cooperation and take bilateral partnerships to greater heights, the B2B meeting was attended by high-level leaders from the public and private sectors, including Khalid bin Butti Al Hajri, director-general of the SCCI; Mohammad Jumaa Al Musharrkh, director of Invest in Sharjah, Hamad Al Shamsi, head of sales at HFZA; Perry Fung, regional director for the Middle East and North Africa at the HKTDC; and Stephen Liang, assistant executive director at the HKTDC.

The roundtable focused on potential investors to introduce them to Sharjah's increasingly lucrative business environment and the vast opportunities in its most attractive sectors, particularly tourism and leisure, healthcare, environment and renewable energy and transport and logistics.

Al Hajri told the audience that with a GDP of more than $38 billion, Sharjah has become a hub of not just regional trade but global investment. In addition, Al Hajri noted that Sharjah's special relationship with Hong Kong - the UAE's 10th-largest trading partner - has already led to a deep understanding of each other's interests and needs.

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