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HFZA seeks to develop partnerships to boost shipping and trade investment

Demonstrating its commitment in propelling the growth of ship finance and trade industries in the region, Hamriyah Free Zone Authority was a key sponsor of the third annual The Maritime Standard Ship Finance and Trade Conference held at Abu Dhabi in November 2017 and which attracted more than 150 senior executives from different sections of the market, including shipping, ports, finance and banking and law.

Discussing and debating the key issues and trends facing the shipping and ports market in the Middle East and the Indian subcontinent, with a particular focus on financial issues, the event also highlighted the importance of building partnerships to help accelerate investment-led growth within the industry.

According to Ajeeb Moidunni, “Hamriyah Free Zone is a key maritime center in the UAE with a 14-meter deep water port designed for export of giant vessels for petrochemicals and various goods. It also has a 7-meter deep inner harbour to accommodate small and medium sized ships. Hence, the event served as a great platform to meet with high-level decision makers in the industry to capitalize on emerging opportunities that exist in the region and to develop partnerships to stimulate shipping and trade growth.”