Saturday, February 27, 2021 – 3:28 PM
Sharjah, February 27, WAM / His Excellency Saud Salem Al Mazrouei, Director of the Hamriyah Free Zone Authority, affirmed the region’s success in attracting international companies of various specialties and fields to be present in Sharjah and to make them a center for their operations in the region’s markets, due to the unprecedented facilities provided by the Hamriyah Free Zone and exceptional services that support the aspirations. These companies achieve their economic goals.
This came during the opening ceremony of the American company “Medra” – one of the largest international companies in the production and manufacture of medical and health equipment and products at its new headquarters in the Hamriyah Free Zone Authority in Sharjah, expanding its activities in the Middle East and North Africa markets from the Emirate of Sharjah.
The American company is active in more than 40 countries around the world and it is expected that the volume of its investment in the Hamriyah Free Zone will reach 100 million dirhams during the coming years with the construction of modern production and manufacturing facilities according to advanced and innovative technologies. Its clients are in the local market and global markets.
The inauguration ceremony of the new headquarters of Medra was attended by His Excellency Saud Salem Al Mazrouei, who toured the company’s facilities, familiarized with the progress of its operations and activities, and listened to its officials about the technologies used in the manufacture and production of advanced equipment and products in the field of medical industries, as the company has been serving the markets of the Middle East and North Africa since the year 2004 from its headquarters in the Kingdom of Saudi Arabia and it started serving the UAE market since 2013 before deciding to take advantage of the competitive advantages provided by the Hamriyah Free Zone Authority to expand its activities and establish a presence in the UAE that meets the growing demand for its services and products.
The company provides more than 3000 diversified products used in many economic sectors, most notably medical care, personal care products, agriculture, food industries, livestock, hospitality, oil and gas, and industrial sectors, as the company’s products are distinguished by their high quality and modern technologies adopted in their manufacture and production.
The director of the Hamriyah Free Zone Authority pointed out that the new investment reflects the diversity of foreign investments that the region attracts, which support plans for economic diversification and establish Sharjah as a center for quality industries in light of the wise directives of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, to support the business sector and provide better Services for investors and improving the economic performance of the emirate.
He stressed that the opening of the new headquarters of Medra in the Hamriyah Free Zone Authority is a qualitative indication of the growing position of the Emirate of Sharjah as a global destination for business, especially as it is considered one of the most important international companies in the production of medical equipment and the timing of establishing its headquarters in Sharjah at the present time associated with the Covid-19 pandemic and the increase The demand for health protection products reflects the importance of the business environment in the emirate and Sharjah’s reputation within the global economic system in these exceptional times.
For his part, Saj Sulaiman, President of the American Company, Medra, affirmed that the choice of the UAE market as a new location for the company’s operations came because of the forward-looking vision provided by the UAE to investors and the rewarding opportunities available in the UAE market in addition to the advanced infrastructure provided by the Emirate of Sharjah in general and the Hamriyah Free Zone. In particular, he pointed out that the geographical and strategic location of the Hamriyah Area and the distinguished services it provides were a key factor in the company’s decision to expand its presence in the region’s markets, explaining that this step will enhance the company’s access to global markets and support the lines of exporting the company’s products to its customers around the world.
Wam / Batoul Kashwani / Abdel Nasser Moneim