Ajman Free Zone

Ajman Free Zone Expands Enters India in alliance with AFZA International Pvt Ltd

New marketing offices to reach out to investors in India and highlight free zone’s USPs

Ajman Free Zone Authority is expanding its global reach to be closer to potential overseas customers by collaborating entities internationally as well as studying the options of opening offices in the key markets of the subcontinent, India, Africa and the UK.

Opening these offices were in line with the free zone’s accelerated strategic campaign to attract global investors from across the world to its premises, which now houses over 7,000 companies. With the same intention, Ajman Free Zone Authority has made an alliance with  AFZA International Pvt. Ltd. that would represent Ajman Free Zone Authority in India and help them in building direct liaison with the Indian Business Sector.

On forge a strategic alliance with AFZA International Private Limited a local company in India that shall exclusively market and promote Ajman Free Zone, His Excellency Mahmood AL Hashemi, General Manager of the Ajman Free Zone Authority (AFZA) said, “India has been a key market for us since many years. We believe that there is untapped potential to tap a growing class of young Indian entrepreneurs who would like to get a vantage point for expanding into the Middle East markets. South Africa is another emerging market for us and we would like to maximize our reach to the investors in that country.”

Over 40 per cent of the investors in Ajman Free Zone are from Indian sub-continent and the Free Zone is attracting a growing number of investors from the African Continent that have headquarters in South Africa.

 “We’ve recently initiated investor-friendly initiatives to a few countries which was a huge success convincing us of the enormous potential yet to be untapped in these markets. We are confident of increased investment flows to Ajman and the UAE,” Al Hashemi said.

Ajman Free Zone had recently announced a slew of initiatives that are of particular interest to SMES. These initiatives include flexible investment plans to smart offices and smart warehouses that present unparalleled cost-effective solutions to investors wanting to operate from the free zone.

“The new overseas arms of Ajman Free Zone are mandated to actively tap into the markets by highlighting the flexible approach of Ajman Free Zone towards investors. We are confident that we will be able to close new deals and work on prospective investors by being on ground in these markets,” said Nader Eldesouky, Deputy General Manager, AFZA.

Rishi Somaiya, Sales Director of the Free Zone said, “Coupled with the smart investment platforms, we also have a win-win proposition, a first-of-its-kind, in our newly announced installment-linked payment plan. Our decision to open our own offices internationally was taken in line with the great enthusiasm that investors in these countries showed towards out investment propositions.”