HFZA and Amazon UAE sign lease agreement for new logistics centre

Hamriyah Freezone Authority (HFZA) and Amazon UAE have signed a lease agreement for a new logistics centre which will enhance delivery services for customers in the Northern Emirates. In line with HFZA’s vision to bolster economic growth and innovation in the region, the agreement supports Amazon UAE’s commitment to investing in its presence across the country.

Once launched, the new centre will enable a seamless delivery experience across the Northern Emirates. HFZA’s strategic location and infrastructure, combined with over 20 years of Amazon’s global technology and operational expertise will further scale convenience and reliability for customer orders.

Sheikh Khaled Bin Abdullah Al Qasimi, Chairman, Hamriyah Free Zone Authority, expressed his enthusiasm for the collaboration: “Hamriyah Free Zone extends a warm welcome to our collaboration with Amazon. This collaboration is more than a testament to our dedication – it is a reflection of our commitment to shaping a landscape that empowers businesses from around the world. Through this endeavour, we are not only enhancing logistics but also driving the economic prosperity of our region.”

Speaking about the agreement, Ronaldo Mouchawar, Vice President of Amazon Mena, stated: “Our collaboration with Hamriyah Free Zone Authority is yet another stride in our journey of growth across the UAE. The free zone’s modern infrastructure and operational support will bring us closer to meeting our customers’ ever-evolving need for convenience, speed and selection. As we continue to grow our footprint in the country, we are excited to partner with Hamriyah Free Zone Authority to support the country’s vision for a digitalised and diversified economy.” The signing of this agreement marks a pivotal moment in the region’s economic landscape, as HFZA and Amazon UAE come together with the shared goal of driving progress, innovation, and sustainable development.

In June this year, The Hamriyah Free Zone Authority (HFZA) has cemented its leading position and appeal for investment in the oil and energy sector following a deal with an Indian company Infinite Mining & Energy.

Infinite announced that it is going to double its investment in the free zone and establish a multifunctional oil refinery. The new facility will have a daily production capacity of 10,000 barrels and an annual refining capability of up to 3.6 million barrels.

Saud Salim Al Mazrouei, Director of the HFZA; and Bilal Merchant, Managing Director of Infinite Mining & Energy FZE; signed an agreement at HFZA headquarters in the presence of senior officials from both sides.

Under the agreement, Infinite will lease a 200,000 sqft plot of land in the free zone to build its facilities. This expansion is expected to significantly increase the company’s storage capacity, catering to the growing demand for its services and products.

The Infinite’s strategic decision to expand in the free zone comes as no surprise. HFZA is known for providing integrated solutions for exploration, production, and refining projects.

Moreover, the free zone serves as a prosperous hub for regional and international companies specializing in the oil industry.

With an ideal business environment and a system of exceptional services and benefits, HFZA continues to stand as a prominent industrial base for international companies in the sector. This latest investment by Infinite further underscores HFZA’s success in attracting key players in the oil and energy industries.

Speaking on the occasion, Al Mazrouei said Infinite’s new expansion plans demonstrates HFZA’s leading reputation as a preferred investment destination for heavy industries and the petrochemical sector. “This also reinforces HFZA’s appeal and significance in the oil, energy, and various other sectors, a testament to our commitment to the visions and directives of His Highness Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, which have transformed the free zone into a role model, showcasing a strong return on investment and an ideal environment for establishing key projects, thereby becoming a vital contributor to the national economy,” he said.

Al Mazrouei added, “Infinite’s new facility will be a significant addition to the emirate’s burgeoning economic landscape through its production volume, which caters to the demand for energy products and derivatives for both existing and future industrial projects.”

Elaborating further on the strategic decision of Infinite Mining & Energy, Al Mazrouei said the company’s choice of Hamriyah Free Zone to establish a multifunctional oil refinery underscores the high global standards and the favorable investment climate HFZA offers to investors in the energy and oil sectors.

“As of today, the free zone houses over 1,200 companies, including major international corporations specializing in this sector.”