Sharjah trade zone attracts over $2 bn investments | business | Hindustan Times
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Sharjah trade zone attracts over $2 bn investments

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

business Updated: Jun 20, 2010 16:33 IST

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

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.