UAE has an attractive investment environment

million. Hassan (Fujairah)

HE Sheikh Mohammed Bin Hamad Al Sharqi, Crown Prince of Fujairah, claimed that the environment attractive for investment, soft laws and regulations in the UAE, as well as advanced infrastructure and transportation services, Among the various investment projects in Fujairah.

This was stated yesterday after laying the foundation stone of the GSW plant for clinker production in the Habbab region, developed by GSW Group for Cement, India's leading green cement producer. , With a production capacity of 6 million tons per year of limestone, of which 1.4 million are used for the production of clinker. His Highness Sheikh Hamad Bin Mohammed Al Sharqi, Member of the Supreme Council and Leader of Fujairah, has focused on investing in strategic projects that will help the State realize its Vision 2021 aiming at achieving a diversified and sustainable economy. His Highness the Crown Prince said that Fujairah has been successful in attracting investment and employing them to serve sustainable development and national interest, in accordance with best policies and practices, confirming Fujairah's international presence and strengthening the position of WATER in advanced countries.

His Highness unveiled the commemorative plaque on the project site, which aims to build a clinker grinding unit in Fujairah and a restricted power station to meet the energy needs and requirements of the unit with a value of Investment of about $ 150 million. … more