UAE wants Indian tourists


The Sharjah Investment Development Authority (Shurooq) recently held a meeting with Indian officials to discuss investment opportunities in the Emirate. The roundtable focused on four key sectors – travel and tourism, environment, healthcare, and transport and logistics.

Highlighting the potential of the travel and tourism sector, Marwan Al Sarkal, CEO of Shurooq, outlined the immense potential that the emirate of Sharjah. “The latest projections show that Sharjah’s travel and leisure sector is likely to grow from AED1.24 billion this year to AED1.49 bn by 2016, furthermore tourism’s contribution to Sharjah’s GDP is expected to jump from 9% to approximately 12% by 2016,” said Al Sarkal.

The Emirate is gaining prominence as a tourism and leisure destination, due to the carefully executed investment and development strategy under the directives of HH Sheikh Dr Sultan bin Mohammed Al Qasimi, member of the supreme council and ruler of Sharjah. This strategy has seen a diverse range of projects across major sectors being undertaken, which offer rewarding investment opportunities for local and foreign investors.”

Shurooq has initiated large array of projects, aimed at stimulating the Emirate’s burgeoning tourism sector, such as Al Jabal Resort – The Chedi Khorfakkan, Sir Bu Nair Island, Mlieha, the Heart of Sharjah and Al Bait Hotel.

Read the full report here, Travel Daily Media


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