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.”
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