A team from Sharjah Airport International Free Zone (SAIF Zone) highlighted Sharjah as a top investment destination in three south Indian cities during recently held road shows and business forums.

The events were conducted recently in Pondicherry, Madurai and Calicut, it also attracted a number of entrepreneurs from different segments, said a statement.

A seminar titled 'Expanding business globally' showcased the premium infrastructure and facilities of SAIF Zone, it added.

Led by Raed Abdalla Bukhatir, deputy commercial director of SAIF Zone, the team interacted with the participants and elaborated on the various facilities of SAIF Zone.

Bukhatir said: “The overall response was positive. Nearly 50 per cent of our investors in SAIF Zone are from India.”

“In SAIF Zone, you can enjoy exemptions from import and export duties, income and corporate taxes in addition to the free repatriation of capital,” he said.

Saud Salim Al Mazrouei, director of SAIF Zone and Hamriyah Free Zone Authority, said: “Our manufacturing sector also offers good collaboration opportunities for Indian traders and service providers seeking opportunities in the Middle East market.”

In Madurai and Pondicherry, the show and seminar was in association with the Federation of Indian Export Organizations (IEO).

The seminar held in Calicut was in association with the Malabar Chamber of Commerce (MCC), and saw participation from a number of businessmen, CEOs and managers, it added. – TradeArabia News Service