Gulftainer has announced the completion of the Saja’a Access Road in Sharjah, built in collaboration with the Roads and Transport Authority (RTA).
The road connects the Saja’a Industrial Investment Park (SIIP), Gulftainer’s first-ever leasehold initiative, via the Emirates Road (E611) to the three major seaports in Sharjah – Port Khalid, Hamriyah Port and Khorfakkan Port – as well as Sharjah’s International Airport and the UAE’s wider road network.
The 750,000-square-metre SIIP is set to become a fully bonded logistics facility with goods being imported under bond and remaining exempt from duty and VAT until released to the local market.
“The Saja’a Access Road links SIIP with premier air and sea hubs in Sharjah as well as other ports, airports and free zones, and significantly improves connectivity within the UAE and beyond,” said Peter Richards, group CEO of Gulftainer.
“SIIP will play a crucial role not only in Gulftainer’s growth but also in Sharjah’s economic development. Its strategic location and unparalleled capabilities are poised to enhance the global competitiveness of the emirate,” he added.
In the lead-up to Expo 2020, SIIP aims to address the growing demand for logistics facilities in the UAE. The industrial park is expected to attract over AED100 million of third-party investments to Sharjah, generating revenue for Gulftainer as well as for the emirate.
SIIP will offer flexibility to accommodate warehouse spaces of varying sizes, modern light industrial units, offices, employee housing and other amenities.