The Sharjah FDI Office – Invest in Sharjah – an affiliate of the Sharjah Investment and Development Authority (Shurooq), is set to attract increased investments from Hungary in several high priority sectors.
The prospects of increased commercial and investment relations follow a high profile networking event organised by Invest in Sharjah with the members of the Hungarian and Budapest Chamber of Commerce and Industry in Budapest, Wam reported.
The event, titled ‘Sharjah Business Day in Hungary’ and held at the Matild Palace in the Hungarian capital, was to promote investment opportunities in competitive sectors and to highlight the range of services and facilities offered by various government organisations in the emirate.
Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations in Sharjah, led the high-level delegation at the Budapest meet.
The delegation also hosted a panel discussion held under the theme ‘Investment Opportunities in Sharjah’ to promote trade and economic cooperation between the business communities of the two countries.
The discussion highlighted the ease of doing business in the emirate, besides focusing on Sharjah’s diversified economy, competitive advantages and core strengths in diverse sectors.
The participants at the panel discussion also elaborated on the range of services offered to incentivise long-term foreign investment to the emirate, besides its easy access to global markets.
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