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UAE company to establish cars' tires factory in AFZ

UAE company to establish cars' tires factory in AFZ

[25/October/2008]



ADEN, Oct. 25 (Saba) - Vice chairman of General Free Zones Authority and Aden Free Zone (AFZ) Abdul-Galil Shaif al-Shaibi met on Saturday with UAE delegation chaired by director of Bin Sooda Investment Companies Kareem Far'a .

During the meeting, Far'a showed desire to establish a factory for producing cars tires in Aden Free Zone.

It is expected that the factory will cover the markets of the Middle East and the African Horn as a first step.

Al-Shaibi indicated that AFZ, according to investment law, offer many investment opportunities and facilities, noting the importance of Aden Port as the most important port in the region.

For its part, the UAE delegation affirmed its readiness to work to bring many Arab and Gulf businessmen to invest in AFZ.

NH/AM

Saba



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