The Hamriyah Free Zone-based ATS Terminals FZE has increased its tank storage capacity from 42,000 CBM to 72,000 CBM by commissioning phase III, making a total investment of AED 55 million in HFZA. The state-of-the-art terminal is completely automated with very efficient and new generation tank monitoring & loading systems, tank gauging system, automated firefighting system, and 24 /7 security surveillance.
ATS TERMINALS FZE offers services like bulk liquid storage and bulk liquid transportation of chemicals and petroleum products. ATS Terminals FZE will be planning the phase IV expansion to increase the storage volume to 100,000 CBM in 2022.
Such expansions are yet another testament to HFZA’s position as a key and perfect destination for the foreign investments willing to expand their businesses in the region.
H.E Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority, accompanied by HFZA officials and directors, toured the new facilities of the Indian company, where they were briefed on the different phases of the new expansion and the procedures for the storage process according to the best international standards, commending the company’s role in supply, distribution, transport and shipping chains, as well as the innovative mechanisms adopted in the process of storing liquid chemicals and petroleum products.
H.E Saud Salim Al Mazrouei said: “Today, HFZA and the Emirate of Sharjah at large stands out as a global business and investment destination, thanks to the wise directives of H.H Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the UAE Supreme Council and Ruler of Sharjah. Our main goal to provide investors with a holistic experience with cutting-edge services, stimulating initiatives, and competitive benefits.”
Today’s announcement is a clear indication that we are on the right track to further strengthen the confidence of our investors and customers in HFZA’s business environment, he added.
Stressing HFZA’s commitment to providing the whole support and facilities to help investors upgrade their businesses to meet the requirements of their global customers, Al Mazrouei made it clear that the Zone’s state-of-the-art logistic infrastructure, top-notch services, and diverse facilities play a key role in helping the investors make their decision to expand their business in Sharjah.
Expressing happiness with the new expansion, Avinash Gandhi, Managing Director of ATS Terminal FZE, said: “We thank Hamriyah Free Zone for the support and to create a robust business environment that has fueled the growth of ATS Terminals FZE since 2011. Amidst the global pandemic situation, ATS has stood resilient and turned the crisis into an opportunity to uphold the market demands and stood by its customers.”
“The new expansion is part of a full-fledged strategy to serve our customers in the Middle East, the Indian subcontinent, and the East African region, by getting the most out of HFZA’s competitive benefits to penetrate various markets across the world,” added Gandhi.
Founded in 1991, ATS Terminals FZE with six piggable jetty pipelines (SS and CS) from the deep harbor and inner harbor respectively, is equipped to handle, store, and distribute all kinds of Class 1, 2, and 3 products on behalf of its customers both in the UAE and International. With its headquarters in the UAE, ATS operates across India, Oman, Bahrain, Belgium, and the USA and offers services like bulk liquid storage and bulk liquid transportation of chemicals and petroleum products.
In addition to offering industrial and commercial plots of land, HFZA, the second-largest industrial-free zone in the UAE, provides advanced infrastructure and modern facilities that strengthen external expansion plans for investors, especially in import and re-export to the world’s markets. It also provides countless competitive advantages, most notably a single-window operation that boosts the efficiency of performance and eases procedures of doing business, along with multiple tax exemptions, repatriation of capital and profits, full foreign ownership of the business, and quick access to regional and global markets.