Sharjah trade zone attracts over $2 bn investments

By IANS/WAM,

Sharjah : More than 4,800 companies from 150 countries are operating in the emirate’s Hamriyah free trade zone, the customs authority has said.

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Rashid Alleem, director general of Ports and Customs department and Hamriyah Free Zone Authority, said Saturday that about eight billion dirhams (about $2 billion) have been invested by these companies.

Sharjah has best infrastructure for setting up industries and for distribution of goods from Asia, Africa and Europe, Alleem said.