A new free zone has been created in Sharjah, United Arab Emirates, under the direction of a royal order issued by H.H. Sheikh Sultan Bin Muhammad Al Qasimi, Ruler of Sharjah. The SRTI Park is a hub for research, technology, and innovation, and it offers an environment that fosters creativity and entrepreneurship. It provides advanced facilities, infrastructure, and services to support research and development activities across various fields such as healthcare, energy, environment, and transportation. The SRTI Park offers investors various incentives such as 100% foreign ownership, tax exemptions, and access to a skilled workforce. It is also strategically located near major international airports and seaports, making it an ideal location for businesses looking to expand their operations in the Middle East and beyond. The SRTI Park is another example of Sharjah’s commitment to promoting economic growth and attracting foreign investment.
SRTI Park also aims to drive economic growth and sustainable development in Sharjah and the UAE as a whole. By attracting top innovators and entrepreneurs, SRTI Park hopes to create a vibrant ecosystem of research and development that will drive technological breakthroughs and new business opportunities. The free zone offers state-of-the-art infrastructure, access to funding and venture capital, and a supportive business environment that encourages collaboration and experimentation. With its focus on technology and innovation, SRTI Park is expected to play a key role in the UAE’s transition towards a knowledge-based economy.