Hamriyah zone, Lamprell ink leasing deal
01 October 2020
Sharjah-based Hamriyah Free Zone Authority (HFZA) has signed a strategic partnership agreement with Lamprell, a leading provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas and renewable energy industries.
Under the agreement, Lamprell will lease an additional 1.36 million sq ft of land inside the free zone.
This is further testimony to HFZA’s growing status and reputation as a leading hub for attracting foreign investments and offering global competitive advantages, remarked its director Saud Salim Al Mazrouei.
Al Mazrouei pointed out that Lamprell’s expansion at HFZA despite the current global economic conditions highlights the great confidence placed in Sharjah being a leading global hub for businesses, in addition to the global reputation enjoyed by HFZA.
On its expansion move, Lamprell’s Company Secretary and General Counsel Alex Ridout said: “This will allow us to improve our production efficiency significantly and support our strategic objectives. Throughout Lamprell’s journey alongside HFZA, they have been with us every step of the way: a real business partner.”
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