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The UAE has a number of free zones across Dubai, [1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain.Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones.
The port is administered by the Department of Seaports and Customs, Government of Sharjah. The port is part of a free trade zone for companies and a center for export and re-export to other world markets. Principal deepwater port activities include petrochemical exports, general cargo and two container terminals with alongside berth depths of ...
The establishment of designated freezones in the United Arab Emirates (UAE) traces its roots to the nation's strategic vision for economic diversification.In the late 20th century, recognizing the need to reduce reliance on oil revenue, the UAE embarked on a deliberate initiative to create economic zones that would attract foreign investment, promote international trade, and foster innovation.
Sharjah is the only emirate which has ports on the Arabian Gulf's west coast and east coast with direct access to the Indian Ocean. [4] In 2010, the Hamriyah Free Zone Authority (HFZA) commissioned and AED 800 million contract for infrastructure expansion and development. It was set to increase its port capacity by up to 80% upon completion. [5]
Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...
Sharjah has two main free trade zones: the seaport and free trade zone of Hamriyah and the Sharjah Airport International Free Trade Zone (SAIF Zone). The Hamriyah Free Zone Authority was established by an Emiri decree issued on 12 November 1995 and consists of a port and associated logistics and trade facilities. [32]
Port companies of the United Arab Emirates (1 C, 4 P) Pages in category "Ports and harbours of the United Arab Emirates" The following 13 pages are in this category, out of 13 total.
Sharjah Container Terminal, based in Port Khalid, which is a major import–export facility for industries located in Sharjah, in the UAE's industrial zones, and in the Northern Emirates, along with container facilities in Hamriyah Port. Hamriyah Port, located on the west coast of the UAE. A deepwater seaport located in the Hamriyah Free Zone ...