Ajman Free Zone, Statement Of Eng. Ali Abdulla Bin Towaih Al Suwaidi Director General

Small and Medium-sized Enterprises represent a tactical value for us-- they are a major engine for growth as well as development in the UAE, contribute a big share in the country's Gdp (GDP), and constitute among the most important sectors that sustain production. They are essential to achieving economic diversification and promoting investments within the youth segment.

On June 27 of yearly, the entire world celebrates Micro, Small and Medium-sized Enterprises Day-- an essential occasion that commemorates the essential role that these companies play in the achievement of sustainable development as well as social and also economic well-being. This special day highlights the procedure of developing neighborhood as well as global economies-- through increasing employment possibility, offering extra resources to diversify income and boosting the standard of life of individuals.

In accordance with the directives of the UAE government to sustain entrepreneurship as well as promote the vital SME sector that adds greatly to the global economy, Ajman Free Zone eagerly anticipates taking on more initiatives as well as endeavors to prolong further support to SMEs by supporting the purchase policy of contracts with this encouraging group and also launching special packages to aid realize their business aspirations. These initiatives have actually resulted in a boost in the variety of micro and small companies within the Free Zone. Today, greater than 5,000 companies run below thanks to Ajman Free Area's commitment to supporting them in their growth journeys. We will certainly continue to coach them and share our expertise and knowledge to empower them while likewise using guidance to innovators and also future pioneers seeking to spend as well as establish businesses in the Emirate of Ajman.