Property | UAE

Ajman Free Zone looks to the Far East

Ajman Free Zone places emphasis on SMEs

  • Staff Report
  • Published: 14:03 December 13, 2012
  • Gulf News

Dubai:

Ajman Free Zone is looking to drum up potential interest from small and mid-sized businesses from the Far East to take up space at the facility.

“We are convinced that this sector has robust potential to expand further,” said Nader Eldesouky, deputy general manager. “World over, the SME sector forms a major chunk of any economy ranging from 30 to 40 per cent. In the UAE, 90 per cent of the businesses fall in the SME range.”