Sharjah Investment Centre promises to be the most significant investment for Sharjah

This mixed use project is considered the first of its kind in Sharjah. An important component in the emirate's ambition to strengthen its economy and attract foreign investment, the SIC is expected to further enhance and solidify Sharjah's position as a leading industrial and commercial entity. The economic benefit of this project is also anticipated to provide many employment opportunities that will contribute to the growth of the economy.

Mr. Saleh N. Al Sorayai, Chairman of SNASCO, said:

"Over the past few years we worked hard to establish ourselves as a reliable and leading name in realty investments. Our projects are implemented according to a high degree of professionalism and commitment and we are proud of the role we will play in strengthening this emirate's economy, especially its real estate sector. This position we are playing in Sharjah has not been achieved simply through developing a unique project, but also for the reason that we are significantly contributing to its economy, as well as attracting investors."

He added. "Everyone will see the Sharjah Investment Centre become a distinctive landmark of the emirate's real estate sector. Under the guidance and instructions of H.H. Sheikh Dr. Sultan Bin Mohammed Al Qassimi, Member of the Supreme Council and Ruler of Sharjah, the rules, regulations and laws that facilitate investments have been streamlined with the removal of all obstacles, ensuring for a bright economic future."

Notably SNASCO, a Saudi property development and investment company, will lead a joint Saudi/Emirati alliance to invest and implement the project. Due to this venture's large scale, they announced that a new company would be established for the project under their supervision and management, as a means to ensure that the project is managed professionally and efficiently. This new alliance will include well-known and leading organizations from the investment and real estate sectors across the GCC.