Shurooq, RAK Investment Development Office discuss collaboration
Contributors are not employed, compensated or governed by TD, opinions and statements are from the contributor directly
The Sharjah Investment and Development Authority (Shurooq) recently met with RAK Investment Development Office. The aim of the meeting was to discussing possible opportunities for cooperation between their two organisations.
The meeting took place between HE Sheikh Omar bin Saqr Al Qasimi, executive director at Investment and Development Office, Government of Ras Al Khaima and HE Marwan bin Jassim Al Sarkal, CEO of Sharjah Investment and Development Authority (Shurooq).
HE Sheikh Omar bin Saqr Al Qasimi, executive director at Investment and Development Office, Government of Ras Al Khaima, said: “Ras Al Khaimah and Sharjah both have a great deal to offer potential investors and by strengthening our ties and ensuring open and transparent channels of communication, our two emirates can create great synergies. We have a great deal to gain from exchanging experience and expertise.”
Shurooq CEO clarified that the Authority’s key mission is to provide facilities and incentives that are needed to negate any obstacles that might face investment activities in Sharjah as well as to develop projects that would attract investors to Sharjah.
Al Sarkal gave a brief introduction on Shurooq’s completed projects, including Al Qasba, which includes the iconic Etisalat – Eye of the Emirates, the Masrah Al Qasba Theatre, and the Maraya Art Centre; the Al Majaz Waterfront and its accompanying Maraya Art Park; as well as the Flag Island, which is still set to undergo further development.
He further gave an overview of a the extensive range of projects that Shurooq currently have under development including the five-phase 15-year historical restoration project, the Heart of Sharjah; Al Jabal Resort – The Chedi Khorfakkan, which is set to become the most luxurious resort destination in the Emirates; the ambitious three-phase Kalba Eco-tourism project, the largest project of its kind in the development Eco-tourism facilities in the UAE and the region; the development of Al Hisn Island in Dibba Al Hisn, which is aimed at stimulating and encouraging economic development in the Emirate’s eastern region; and the most recent addition – the soon to be open Al Montazah Park, which includes an amusement park that offers a host of electronic games, a recreational park catering to outdoor activities such as picnics, and a one-of-its-kind waterpark.
Comments are closed.