The Sharjah Hamriyah Freezone Authority (HFZA) and Amazon UAE have reached an agreement to lease a new logistics center in the Northern Emirates. The new facility is expected to boost delivery services for local clients.
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 signed an agreement with the Indian oil and energy company Infinite Mining and Energy earlier this year. Infinite had previously stated that it intends to quadruple its investment in the free zone and construct a multipurpose oil refinery. The proposed factory would have 10,000 barrels of daily capacity and a refining capability of up to 3.6 million barrels per year.
The free zone currently houses over 1,200 businesses, including significant global corporations specializing in the oil and energy industries.