Ajman Free Zone (AFZ) participated in the Mediterranean and Africa Special Economic Zones Summit in Spain.
The Summit, held between May 31 and June 2, came under MedaLogistics Week, a part of SIL Barcelona – a leading trade fair for logistics, transport, intralogistics and supply chain in Spain, the Mediterranean and Latin America.
The Free Zone was represented by Bashayer Ali Alkumaiti Alshamsi, Strategy and Business Development Executive Director, and Sheikha Abdulla Alnuaimi, Commercial Operations Executive Director of AFZ.
In a panel discussion AlKumaiti reiterated the importance of Special Economic Zones (SEZs) and their impact on businesses from various perspectives.
She also highlighted the significance of SEZs during a time of crisis, its role in driving growth in the Mediterranean region and shaping global value chains.
The scope of SEZs in improving skill levels and technological advancements within a region, as well as the impact of digitalization in the sector, were among other key topics that were explored.
Ali AlSuwaidi, Director General of Ajman Free Zone said, “Our participation in the summit is in line with our mission to attract foreign investments by providing advanced infrastructure, digital tools, proactive and competitive services and flexible legislation that can make investing in the Emirate and UAE a unique experience.”
He said, “This will undoubtedly improve Ajman’s competitive advantage in attracting foreign direct investments (FDI), create new investment opportunities, and foster ease of doing business in the Emirate.”
As part of their participation, AFZ’s delegation met with Blanca Sorigué, the Managing Director of the Consorci de la Zona Franca in Barcelona (CZFB), and Diego Gaitan Galindo, General Manager of Zona Franca de Bogota (Bogota Free Trade), in addition to other officials, investors and businessmen.
The delegation and the participating free zones further explored mutual collaboration prospects to promote investment and expansion plans for both parties.
AFZ’s delegation also highlighted their integrated portfolio of services and facilities that keep up with the needs of investors in 22 different sectors, including e-commerce and logistic services.
The delegation visited the CZFB’s business centre, ‘Dfactory’, which offers various services in support of companies working in the technology sector and contributes to the implementation of various innovations in transportation and services.
The participation of AFZ in the Summit promoted its position as a global business destination, as well as its role in driving businesses and empowering them with an inclusive business environment.
AFZ further promoted its position as a global business destination with a state-of-the-art infrastructure, diversified services, and advanced solutions, in line with the development vision and strategy of Ajman and the UAE.