Dubai PR Network, Online Press Release from Dubai and Middle East
 
Government Sector(Government, Legal & Humanity)
Filter PR by
  
Ajman Free Zone boosts procurement support to its free zone-based investors
 
  • Ajman Free Zone’s efforts accounted for 22 per cent of the total number of contracts made by free zone-based investors
  • The support has helped increase the total procurement and contracts of AFZ-based SMEs to 12 per cent
  • Seven per cent growth seen in procurement support during the first five months of the year as compared to 2019 during the same period

28 June 2020: As part of its commitment to promote economic growth and continued support to the busines community, Ajman Free Zone’s procurement support to free zone-based investors has increased by 7 per cent (year-on-year) in the first five months of 2020. According to official data, 22 per cent of the total purchases and contracts made by AFZ-based investors from January to May of this year has been concluded through the Ajman Free Zone’s support.

Furthermore, in line with its continued commitment to support the small and medium-sized enterprises sector as a driver for economic growth and one of the pillars of economic diversification in UAE, Ajman Free Zone’s contribution to the Free Zone-based SMEs total purchases and contracts reached 12 per cent in the first 5 months.  

Engineer Ali Abdulla Bin Towaih Al Suwaidi, Director General, Ajman Free Zone said: “Ajman Free Zone will continue its leading role as a destination of choice for businesses and entrepreneurs striving for success and growth, enhancing its position as a safe, flexible and world-class investment environment. In line with the directives of His Highness Sheikh Ahmed bin Humaid Al Nuaimi, Chairman of Ajman Free Zone, to empower local business community and foster investment environment, Ajman Free Zone’s procurement support is extended to investors and business leaders from more than 145 nationalities.”

Al Suwaidi stressed that Ajman Free Zone will continue to support the business community through the adoption of sustainable procurement policies, prioritizing the execution of contracts and purchases with Free Zone’s companies and SMEs to enhance Ajman Free Zone’s competitiveness.  

“We look forward to further developing our processes and upgrading our services according to comprehensive strategies and creative approaches designed to attract more investments and corporations, as well as to promote Ajman as hub for investments and contribute to the fulfillment of sustainable development goals in line with Ajman 2021 Vision,” concluded Al Suwaidi.   

Offering an integrated packages of exclusive services, facilities and advantages, Ajman Free Zone continues to enhance its leading position as an optimal business platform and a hub for companies, entrepreneurs, and investors from across the globe, thereby contributing to the diversification of the national economy.


Posted by : Dubai PR Network Editorial Team
Viewed 1165 times
PR Category : Government, Legal & Humanity
Posted on : Sunday, June 28, 2020  4:35:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : DMCA lifts timing restrictions on maritime activities
Next Story : Mo'asher index value Hits outstanding six-month numbers in M...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Make Up for Ever Introduce Two New High Performance Products Within the Aqua Resist Range [4887-Views]
Mouawad Reveals the Journey of the Extraordinary Botswana Diamond [4248-Views]
Union Coop opens one of the Largest Warehouses in the Middle East [3571-Views]
Eid Gift Ideas by The Body Shop UAE [3530-Views]
Essence Essentials for the Summer Heat Ahead! [3493-Views]
VIP Drivers Announced for the Jaguar I-pace Etrophy ‘Lockdown Showdown' in Berlin [2899-Views]
Pan Emirates Opens a New Store in Cityland Mall, Dubai [2640-Views]
Eid Al Adha 2020 - Marina Rinaldi [2604-Views]
Aster Hospitals UAE Launch Cosmos, a Support Group for Covid – 19 Positive Patients [2366-Views]
This DSS add a Contemporary look to your Home with Western Furniture Products [2029-Views]
New National Geographic Abu Dhabi Film ‘Marmum' Takes Viewers on the Journey of Creating a... [2017-Views]
Trina Solar Unveils Vertex 600w Series Module and Expects Mass Production of 550w Series L... [1993-Views]
LG Introduces World's First 4k Ips 1ms GTG Monitor for Unsurpassed Gaming [1980-Views]
Joyalukkas Announces its Mega Eid Discount Offer [1935-Views]
Engineered to Serve: Land Rover Discovery Supports Landmark Rescue as Mountains Reopen [1923-Views]
Perfect Gifts for Eid Al Adha [1894-Views]
Introducing the Lenovo Legion™ Phone Duel [1882-Views]
The Potential of Colour as a Design Element [1865-Views]
Etihad and Boeing Strengthen Strategic Partnership With Maintenance Support for Boeing 787... [1804-Views]
Special Olympics Announces Global Expansion of Initiative for Inclusion in Education for Y... [1792-Views]
Honda Hosts WOWeekend with Unbelievable Deals Across its Pre-owned Line-up [1783-Views]
Two Emiratis claim GUINNESS WORLD RECORDS titles in July [1779-Views]
Euronews Speaks to CEO of Abu Dhabi-based Company Developing COVID-19 Vaccine [1767-Views]
Schneider Electric to Upgrade DP World's Sokhna Basin 2 With Ecostruxure Power Smart Energ... [1726-Views]
International Forum for Women and Sports: Frenchwoman Georges Calls for Greater Support [1685-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories