SCCI discusses cooperation with business delegation from South Korea

SHARJAH, The Sharjah Chamber of Commerce and Industry, SCCI, and a business delegation from South Korea representing the REI Holding Group discussed the means of cooperation and coordination and the investment opportunities available in Sharjah in vital economic sectors.

The discussion took place during a meeting today at the SSCI headquarters between Mohammed Rashid bin Demas, Board Member of the SSCI, and Soon Bong Hong, Chairman of REI Holding, and his delegation, with the attendance of Mohammed Ahmed Amin, Acting Director-General, and Omar Ali Saleh, Director of the International Relations Department.

Mohammed bin Demas explained the key services offered by the SSCI to foreign businessmen and investors while affirming its efforts, under the framework of its strategic plan, to attract investment, build commercial partnerships, and promote opportunities available in various economic sectors in Sharjah.

He also highlighted the economic cooperation between local government departments in promoting and serving the emirate’s business community, as well as in answering the needs of investors, as part of Sharjah’s vision to diversify its economy and improve its GDP.

Mohammed bin Demas invited the South Korean delegation to participate in international events and exhibitions organised and hosted by the Expo Centre Sharjah throughout the year, most notably the metal works exhibition, titled, “SteelFab Middle East,” while noting the importance of holding direct meetings, to identify investment opportunities and promote cooperation with the UAE and local business communities.

The delegation thanked the SSCI for its hospitality and for supporting, cooperating and coordinating with the company. Its members also expressed their desire to continue communicating with the SSCI, to strengthen their future relations and participate in exhibitions held in Sharjah.

The meeting addressed a series of legislation and recent directives issued by the UAE Cabinet, which aim to develop the UAE’s economic environment, by allowing international investors to own 100 percent of Emirati companies, starting at the end of the current year.

Source: Emirates News Agency

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