Business | Economy

Sharjah's investor activity remains high despite summer holiday

The Sharjah Economic Development Department (SEDD) reported on Monday that it has received a record number of enquiries and requests for its various services from investors this summer season, with the renewal and issuance of trade and industrial licenses being the most sought after among the department's services.

  • Staff Report
  • Published: 23:22 August 11, 2008
  • Gulf News

Sharjah: The Sharjah Economic Development Department (SEDD) reported on Monday that it has received a record number of enquiries and requests for its various services from investors this summer season, with the renewal and issuance of trade and industrial licenses being the most sought after among the department's services.

H.E. Ali Al Mahmoud, General Manger of SEDD said, "We've experienced an unprecedented level of demand for our services this summer, despite the fact that there is usually a lull in activity at this time of the year."

"The Department is continuously upping its performance level and service quality, with the aim of encouraging investors to establish their projects in Sharjah, and to take advantage of the promising opportunities available in various economic sectors. Our host of services include the issuance and renewal of licenses, with approximately 220 transactions performed per day this summer, and we offer-consulting services that contribute significantly to the improvement of the local investment climate. We have also taken steps to procure qualified and experienced personnel in our different department divisions and sections in order to ensure that our clients receive the best possible service," he added.

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