UAE-based Gulftainer, a leading privately owned independent port operator, in conjunction with its logistics subsidiary Momentum Logistics, today (May 17) co-hosted the Sharjah Business Summit with prominent local government entities.

The one-day flagship event explored the investment outlook in the emirate of Sharjah and showcased state-of-the-art logistics and supply chain solutions, said a statement from Gulftainer.

Jointly organised by 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, the event at the Sharjah Chamber of Commerce drew the participation of more than 100 key government stakeholders and prominent industry professionals from across the emirate, it said.

Among the esteemed guests were Sheikh Fahim bin Sultan Al Qasimi, executive chairman of the Department of Government Relations; Sheikha Shatha Al Mualla, director of the Public Health Department at Sharjah Municipality; Sheikha Dr Rasha Al Qassimi, deputy director General of Public Health and Central Laboratories at Sharjah Municipality; and Saud Al Mazrouei, director of Hamriyah Free Zone Authority and Sharjah Airport International Free Zone Authority.

Sheikh Fahim bin Sultan Al Qasimi said: “Within the Sharjah government structure, we focus on a triple bottom line – carefully assessing financial, environmental and social returns to determine our overall performance.”

“Fast-paced technology and innovation are critical for the growth of business in Sharjah. We appreciate the fact that it takes investment, time and human resources for global companies to innovate. I hope your discussions today will enable you to find new ways to invest in Sharjah so that we can continue to develop our unique position as a centre for education, research and innovation in the region,” he said.

Flemming Dalgaard, CEO of Gulftainer, said: “Sharjah has become a powerful magnet for companies and foreign investors – a testament to the government’s openness in encouraging enterprise and its concerted efforts to diversify the economy.”

“Furthermore, the emirate’s rich history of trade has opened new opportunities for investment and innovation. Our discussions today will offer a glimpse of supply chain innovations that can generate greater value for customers and accelerate business growth in Sharjah,” he said.

“Through providing a platform to share best practices in innovation, the Sharjah Business Summit seeks to establish a deeper understanding of how we can effectively harness our regional capabilities and identify new avenues for growth,” he added.

For his part, Abdelaziz Mohamed Shattaf, assistant director general for members services sector at the Sharjah Chamber of Commerce, said: “The summit is aligned with our vision to support trade and business in the emirate. As part of this vision, we aim to create new opportunities for exporters in Sharjah that will require increased cooperation and coordination with the transport and logistics sector.”

“We are confident that our collective synergies will significantly accelerate growth and innovation,” he added. – TradeArabia News Service