Indian IT companies will flock to Hamriya Free Zone

The interior of a building in the Technopark, ...

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More Indian IT companies are flocking to the UAE to capture a share of the mobile applications and related IT services  currently booming in the region.

Speaking to Emirates 24/7, Dr Rasheed Al Leem, director general of Sharjah Sea Port, Customs and Hamriya Free Zone, said he expects more Indian IT companies to flock to the UAE as a follow up of a memorandum of understanding signed between the Hamriya Free Zone and Technopark, Thiruvananthapuram, Kerala. “Currently, there are 5,500 companies from 137 countries operating in the Hamriya Free Zone and 1,448 companies are from India.”

Neologix Software Solutions of India has launched their Middle East operations, the first offspring of the Hamriya Free Zone-Technopark  partnership. A memorandum of understanding between the two entities was signed recently for IT cooperation. “India is the second biggest investment destination for the UAE and as per recent announcements, the UAE will be investing several billion dirhams in India.”

via ‘Indian IT companies will flock to Hamriya Free Zone’ – Emirates 24/7

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