Related Keywords: empowering businesses, export fifty percent products made in emirate, first venture in UAE, German based SOEX Group, globally leading company, it plans to build a new plant, plans to invest in Hamriyah Free Zone, sector of recycling and marketing, Sharjah, start operations by the middle of next year, to African countries, used textiles
German based SOEX Group, a globally leading company in the sector of recycling and marketing of used textiles plans to invest €5 million (Dh20.7 million) in Sharjah’s Hamriyah Free Zone, it will start its operations by the middle of 2017. This is their first venture in the UAE, according to a statement from the free zone’s authority on Sunday.
Soex Group plan export 50 percent of their products made in the emirate to African countries and 25 percent each to Eastern Europe and the Middle East respectively.
