SAIF Zone, German firm sign deal
SHARJAH: The Sharjah Airport International Free Zone (SAIF Zone) has announced that Schüco International KG, a global leading system solutions provider for windows, doors and façades, is going to base its regional operations in the free zone, after a lease contract was concluded between both entities.
Under the agreement, Schüco will lease 14 warehouses covering a total area of 8400 square meter, making it the biggest number of warehouses rented for a single company inside the free zone.
The new development was announced during a recent signing ceremony held at SAIF Zone premises. The deal was signed by of Saud Salim Al Mazrouei, Director of SAIF Zone and Dr. Jörg. Westphal, Executive Senior Vice President at Schüco International KG, in the presence of Ammar Alul Managing Director at Schüco Middle East and Stephan Weiss, Operations Manager at Schüco Middle East and a number of senior officials from both sides.
“Schüco’s decision to open a new branch in Sharjah is yet another global testament to the competitive advantages that we offer to investors looking forward to availing our growing investment opportunities in the real estate sector,” said director of the SAIF Zone.’
Speaking the agreement, Al Mazrouei said: “We are happy to have a reputable global company such as Schüco joining SAIF Zone. It was a step in the right direction since the construction sector is playing a growing pivotal role in Emirate and the wider region.
Certainly, our ability to draw in these international companies reflects the competitiveness and fullness of SAIF Zone’s world-class services and being a match to all growth requirements. We are committed to upgrading our services and will spare no efforts to enhance our reputation as a global business incubator” he concluded.