SAIF Zone invites Sri Lankan businesses to invest there
Stamping a confidence in Sri Lankan entrepreneurs The Sharjah Airport International Free zone (SAIF zone) invited Sri Lankan businesses to extend their international reach by investing in the SAIF zone.
“This is a good opportunity to Lankan entrepreneurs to grow and increase their overseas reach and also help to bring in foreign exchange to the country,” said SAIF Director General Saud Salim Al Mazrouei. He was speaking at the “International Business Forum Sri Lanka” organized by the Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) in partnership with Eagle Eye International to woo local investment to the SAIF zone. “The SAIF zone which was established in 1995 and is currently one of the fastest growing free zones in the Middle East. “is a true one stop shop and we guarantee that once an investor makes a commitment they can start their business in just two hours. The Free Zone also offers pre-built warehouses in four sizes with adjacent office space. It has leased land for unrestricted private development, bunkers, container parking area and temporary storage space.”
SAIF Zone provides specific facilities for manufacturing, assembling, packaging, import, re-export, and global trade. The free zone offers a host of value-added activities to investors such as an on premise bank, logistics support, in-house customs checks, and more. Nawaloka Group of Companies Managing Director Upali Dharmadasa, the Guest of Honour at the forum said that his company too has been working with it for 21 years and are very happy with the outcome and was a valuable asset to expand his businesses.
Secretary general FCCISL Ajith Perera said that this is a good opportunity for Lankans to expand overseas and most importantly bring in the much needed dollars back to the country. “They will also have a better supply chain for manufacturing as SAIF Zone does not have any import restrictions.” (SS)