Sharjah to develop 1.3mn sqm industrial zone

freezonesharjah IvanProle sxchuThe upcoming industrial zone is close to the Sharjah International Airport and the Hamriyah Port. (Image source: IvanProle/sxc.hu)Sharjah Asset Management will develop the Al Saja’a Industrial Oasis Project to boost industrial, real estate and commercial sectors in the emirate

The upcoming project comprises 353 plots spanning 1.3mn sqm and will be located on Emirates Road. The project is being developed close to the Sharjah International Airport and Al Hamriyah Port.

Sharjah Asset Management chief real estate officer Gregg Downer said, “This outstanding development will be officially launched in the near future and with full development details. Registered investors will not only benefit from the exclusive plots launched at Stage 1, but shall also have priority to the Stage 2 launch to select their preferred plot(s) prior to the wider public sales. The plots at Al Saja’a Industrial Oasis project will be offered to interested investors on freehold or leasehold basis.”

The company’s investments are focused mainly in financial and commercial investments, logistics, technology, real estate, transportation, industrial, as well as oil and gas. The launch of Al Saja’a Industrial Oasis follows the long-term plan of the government to launch several growth projects aiming at developing the industrial, real estate and commercial sectors and address the growing needs of investors and owners in the emirate.

Sharjah also happens to be a robust industrial area, and the upcoming project would also serve the industries well.

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