Iftin General Trading is planning to expand its facilities in the Hamriyah Free Zone to meet the growing demand for its products.
Hassan Ali, the managing director of Iftin General Trading, said they would add a 215,278-sq-ft area to its existing facility as part of its plan to build new warehouses and offices in the newly leased area.
"The construction work of warehouses and offices will commence soon," Hassan Ali said after signing the new lease contract with Saud Salim Al Mazrouei, the director of Hamriyah Free Zone Authority (HFZA) and Sharjah Airport Free Zone (SAIF Zone).
The country's second largest industrial free zone, HFZA is also the fastest operating free zone in the Middle East taking less than two-hour processing time for licensing formalities.
“We will build five warehouses as well as offices in the newly leased area. Currently we have over 70 staff members and we are going to recruit more as we are going to add many more products," said Hassan Ali.
“We have a strong presence in South Sudan, Ethiopia, Somalia, Iraq, Libya and the Middle East region," he added.
Al Mazrouei said the continuous investment by Iftin General Trading in HFZA shows its confidence and edge in the market in production and quality.
The free zone houses over 6,500 enterprises from 157 nations, attracting foreign investment from more than 500 industry verticals in the key sectors like oil and gas, petrochemicals, maritime, steel, construction and food.
"We are always happy to see the growth of existing companies," he added