Real Estate Business & Investment Club (REBIC) Delegation recently attended the Investor’s Seminar of Ajman Free Zone Authority (AFZA) at Karachi Sheraton Hotel.
Almost 12 members of REBIC attended this event including Mr. Zahid Iqbal, Muhammad Shafi Jakvani, Ziker Mahenti, Abdul Wahab Parekh, Atiq Qureshi, Aftab Hussain, Lawrance Sardar, and many other.
Ajman Free Zone, established in 1988, was granted autonomous status under the Amiri decree no.3 of 1996 issued by H.H. Sheikh Humaid Bin Rashid Al Nuaimi, Ruler of Ajman. Ajman Free Zone Authority has been named as the sole regulatory agency for Free Zone in the Emirate.
The formation of the Free Zone Authority in 1996 has given great impetus to industrial activity in the Free Zone which has resulted in quadruple growth in the number of companies during the last few years. Ajman Free Zone with its package of unbeatable advantages is widely recognized as entrepreneurs’ haven today.