Gulftainer, the worlds largest privately owned independent port operator based in the UAE, will host a ceremony to commence the construction of the Sajaa Permanent Access Road. The companys AED11mn investment in the road extension aligns with its objective to play a key role in driving Sharjahs economy.
The highway will extend over two kilometres to link the Sajaa Industrial Investment Park (SIIP), Gulftainers first-ever leasehold initiative, via the Emirates Road (E611), to the three major seaports in Sharjah Port Khalid, Hamriyah Port and Khorfakkan Port. Spanning an area of 750,000sqm, SIIP is set to become a fully bonded logistics facility with goods imported under bond exempt from duty or VAT until released to the local market. Moreover, the mixed use development will also offer convenient access to premier air and sea hubs as well as connectivity within the UAE and beyond.
Speaking on the importance of the project, Peter Richards, Group CEO of Gulftainer, said: We are delighted to announce the start of construction of the crucial road extension that, once completed, will significantly improve transport links between the Sajaa Industrial Investment Part and the three seaports of Sharjah. Gulftainer has been part of the emirates growth story for over four decades. Our investment testifies to our commitment to fuelling Sharjahs economy and enhancing the emirates global competitiveness ranking.
SIIP is being designed with the scalability and flexibility to accommodate warehouse space of varied size, modern light industrial units, offices, employee accommodation and multiple other options. The industrial park aims to address the growing demand for logistics facilities in the UAE in the run-up to mega events such as Expo 2020.