Confederation of Indian Industry (CII) in association with Hamariyah Free Zone Authority organised an awareness session here on Saturday. The basic objective of the session was to aware industries about the opportunities available in Hamariyah Free Zone Authority and how industries can take benefit to expand their business.
Founded in 1995, Hamriyah Free Zone Authority (HFZA), goal of creating a robust business environment by meeting the needs of its investors to facilitate their operations has been well realized as it has today emerged as the second largest free zone in the UAE, attracting over $3 billion FDI.
CP Sharma, Chairman, CII MP State Council welcome the delegates and dignitaries presented. He highlighted the significance of long term relationship between India and UAE and how industries can benefited out of Hamriyah Free Zone Authority. Ali Al Jarwan, HFZA thanked CII to organise the session and shared the background and key opportunities and benefits of HFZA.
Bashir gave the presentation on HFZA and brief the industries about the opportunities available and interacted with the participants. The secession highlighted the wide range of international business opportunities available for the SME sector at the Hamariyah Free Zone, which provides competitive incentives and unique opportunities to establish a business in a tax-free environment, full company ownership, exemptions from all commercial levies and repatriation of capital and profits.
HFZA officials were very keen to invite the industries of Madhya Pradesh to take the advantage and benefits provided by Hamariyah Free Zone Authority. The program was well attended and appreciated by more than 80 industry representatives from all over the State.