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Sharjah port operator Gulftainer and its logistics subsidiary, Momentum Logistics, are to co-host the Sharjah Business Summit on May 17th. The event will highlight the emirate’s investment potential and showcase state-of-the-art logistics and supply chain solutions available in Sharjah.
Organisers of the summit include the Sharjah Investment and Development Authority (Shurooq), Sharjah Chamber of Commerce and Industry (SCCI), Sharjah Municipality, Sharjah Ports Authority (SPA), and the emirate’s free zone authorities.
Innovations featured at the event will include Gulftainer’s land bridge that integrates the company’s ports and logistics offerings through linking seaports to inland container depots, Sharjah Municipality’s new cargo-clearing procedures, and SPA’s customs clearance e-portal. According to Flemming Dalgaard, chief executive of Gulftainer: “Sharjah’s strategic facilities and advanced logistics infrastructure have played an instrumental role in increasing the popularity of the emirate among investors, giving it a competitive edge in global trade and commerce today. The Sharjah Business Summit provides an effective platform to share best practices in innovation across the supply chain for the wider benefit of the industry.”
In 2016, Sharjah’s fast-growing economy attracted a record volume of foreign direct investments valued at AED912 million. With an anticipated growth rate of 15 per cent, this figure is projected to exceed AED1 billion by end-2017.
The Sharjah Business Summit reflects the emirate’s continued progress in consolidating its position as a strategic investment destination. Interested participants can register at sbs.gulftainer.com.
