Saturday 15 December 2018

Gulftainer to host key industry summit in Sharjah

SHARJAH, May 11, 2017

UAE-based Gulftainer, in conjunction with its logistics subsidiary Momentum Logistics, will co-host a major summit in Sharjah to highlight the emirate’s investment potential and showcase its hitech logistics and supply chain solutions.

The Sharjah Business Summit is being held on May 17, at the Sharjah Chamber of Commerce and Industry premises.

A leading privately-owned independent terminal operating and logistics company based in Sharjah, Gulftainer said featuring a combination of interactive presentations and roundtable discussions, the event will stimulate dialogue around new investment prospects in the emirate.
Convening key government stakeholders in Sharjah’s business sector under one roof, the summit will offer an unparalleled opportunity to explore the investment outlook and unlock growth, it said.

Innovations featured at the event will include Gulftainer’s land bridge that integrates the company’s ports and logistics offerings through linking seaports to inland container depots, Sharjah Municipality’s new cargo-clearing procedures, and SPA’s customs clearance e-portal, said a statement from the company.
In 2016, Sharjah’s fast-growing economy attracted a record volume of foreign direct investments (FDI) valued at Dh12 million ($3.27 million). With an anticipated growth rate of 15 per cent, this figure is projected to exceed Dh1 billion ($272.2 million) by end-2017, it stated.

The summit reflects the emirate’s continued progress in consolidating its position as a strategic investment destination. In addition to promoting Sharjah’s ample facilities that include the region’s largest industrial areas and the benefits that the emirate offers investors, the event seeks to strengthen existing synergies and facilitate long-term business partnerships.

Gulftainer CEO Flemming Dalgaard said: "Sharjah’s strategic facilities and advanced logistics infrastructure have played an instrumental role in increasing the popularity of the emirate among investors, giving it a competitive edge in global trade and commerce today."

“With some of our most significant assets based in Sharjah, our company is well-positioned to capitalise on the emirate’s potential,” he said.

Marwan Jassim Al Sarkal, CEO of Shurooq, said: “The event aligns with our organisation’s objectives of creating a business-friendly environment in Sharjah and reinforcing the emirate’s status as a leading regional industrial hub.”

“Sharjah’s strategic location and its burgeoning transport and logistics sector present enormous scope for innovation in the supply chain,” he added.-TradeArabia News Service

Tags: Sharjah | Summit | Gulftainer |

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