Ajman free zone offers flexible payment

Ajman Free Zone has started offering installment-based flexible payment options to investors, a significantly innovative initiative that could trigger a rise in investments to the free zone and the UAE in general.“The new initiative was part of a continuing array of investor-friendly measures adopted by the free zone in recent times to catalyse investments into AFZ.  Our new business strategy is to offer investment options to a large audience of entrepreneurs from across the world within their respective budgets and requirements,” Mahmood Al Hashemi, General Manager of the Ajman Free Zone Authority (AFZA), said in a statement.Our flexible investment plans have elicited a robust response from the investor community with a continuing steady stream of inquiries from global entrepreneurs keen to set up a base in the UAE,” added.The installment-based payment plan will allow an investor to pay the fees and other charges upon in monthly, quarterly or half-yearly tranches across a 12-month period.Our flexible payment plan coupled with other new initiatives we launched recently including the Smart Warehouses, Smart and Executive offices have indeed created a positive perception of AFZ that we mean business and we are unique in our outlook towards businesses – that we believe in nurturing entrepreneurships as well while soliciting investments into the free zone,” said Nader Eldesouky, deputy general manager, AFZA. source: khaleejtimes.com