SEDD, SBA explore partnership

The Sharjah Economic Development Department, SEDD, has received a delegation from the Sharjah Book Authority, SBA, to discuss ways of enhancing co-operation between the two sides to benefit investors.

Welcoming the delegation, SEDD officials highlighted the importance of this visit and its role in improving co-ordination and expediting the development process. This is in light of SEDD’s keenness to encourage and attract investment for the UAE in general and for Sharjah in particular.

SEDD officials stressed that the achievement of the emirate’s vision of leading the comprehensive development of a diversified competitive economy based on knowledge and innovation is the department’s key task. It is in line with its strategic plan to contribute to the planning and spearheading of the overall economic development in the emirate.

Sharjah Publishing City, the first free zone of its kind in the Arab world, provides all employees of the book industry the opportunity to benefit from a wide range of tax-free privileges by obtaining the opportunity to own and manage a fully independent company.

Such visits and meetings are an important platform for collaboration and exchange of views among the various governmental bodies in the UAE. He added that the alluring investment climate in the UAE in general and Sharjah, in particular, offers many incentives and benefits in light of the ambitious development plans of the emirate.

Thanking SEDD for the generous reception, the delegation also stressed SBA’s keenness to strengthen co-ordination. They said this would contribute to the development of a joint work system to find outputs that serve all parties and improve the levels of service provided to investors. This serves the country’s goals towards building a strong knowledge-based and sustainable economy that attracts foreign investments in all sectors and enhances the competitiveness of the country at the global level.

At the conclusion of the meeting, the two sides underscored the importance of strengthening partnership in the future, in line with the standards of government service that the federal and local governments look forward to achieving.

Source: Wam