The Hamriyah Freezone Authority (HFZA) of Sharjah and Amazon UAE have agreed to lease a new logistics center in the Northern Emirates. The new facility is anticipated to improve delivery services for clients in the area.
Sheikh Khaled bin Abdullah Al Qasimi, Chairman of Hamriyah Free Zone Authority, said, “This collaboration is more than a testament to our dedication – it reflects our commitment to shaping a landscape that empowers businesses worldwide. Through this endeavour, we are not only enhancing logistics but also driving the economic prosperity of our region.”
The agreement marks a critical moment in the region’s economic landscape, according to top officials from HFZA and Amazon UAE, as per gulf news.
Ronaldo Mouchawar, Vice President of Amazon MENA, said, “The free zone’s modern infrastructure and operational support will bring us closer to meeting our customers’ ever-evolving need for convenience, speed and selection. As we continue to grow our footprint in the country, we are excited to partner with Hamriyah Free Zone Authority to support the country’s vision for a digitalised and diversified economy.”
HFZA reached a deal with the Indian oil and energy business Infinite Mining and Energy earlier this year. Infinite has previously announced plans to quadruple its investment in the free zone and build a multipurpose oil refinery. The proposed plant would have a daily capacity of 10,000 barrels and a refining capacity of up to 3.6 million barrels per year.Currently, the free zone is home to approximately 1,200 businesses, including large worldwide enterprises specializing in the oil and energy industries.