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The Hamriyah Free Zone Authority (HFZA) continues to attract international industrial leaders, with Italy’s Raccortubi S.p.A. opening a 20,000-square-foot warehouse. The new AED 25 million ($6.8 million) facility, part of the company’s ongoing expansion into the Middle East, is set to support oil and gas projects in the region, leveraging HFZA’s advanced infrastructure and strategic location to reach a global market.
The inauguration was attended by H.E. Saud Salim Al Mazrouei, Director of HFZA, Marco Pollastrini, Group CEO of Raccortubi S.p.A., as well as other HFZA officials. During the event, they toured the warehouse’s state-of-the-art logistics operations and advanced transportation equipment, designed to optimise efficiency in the storage and distribution of the company’s products.
Raccortubi S.p.A., a subsidiary of the Italian multinational Commerciale Tubi Acciaio, has been operating in the UAE since 2013. It is a global player in the production of pipes and fittings in stainless steel, duplex, super duplex, Ni alloy, titanium, etc.
Founded in 1949, the company employs 130 people worldwide and operates production facilities in Italy and Brazil, alongside strategic warehouses across the globe.
Leading global destination
Saud Salim Al Mazrouei welcomed Raccortubi S.p.A.’s new state-of-the-art warehouses to the Hamriyah Free Zone, emphasising their adherence to international standards.
Al Mazrouei noted that the company’s decision to choose Sharjah, specifically Hamriyah Free Zone, as a base for expanding its operations reflects the emirate’s growing global recognition as a key hub in the industrial, storage, and logistics sectors. He reaffirmed that Sharjah has become a leading destination for international companies seeking investment opportunities and access to a broad customer base and target markets.
Al Mazrouei also added that this new investment showcases the diversity of foreign investments that Hamriyah Free Zone actively seeks to attract, in line with the vision of HH Sheikh Dr. Sultan bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah. “We are committed to making every possible effort to support Sharjah’s economic diversification plans and reinforce its standing as a global investment destination for major industrial projects.”
Al Mazrouei emphasised that the integrated package of services provided by Hamriyah Free Zone, along with its strategic location and comprehensive logistics services linking manufacturers to over 3.5 billion consumers globally, are fundamental to the competitive advantages that attract diverse investments.
“We will continue to develop HFZA services, facilities, and infrastructure to meet the aspirations of companies and investors and drive further prosperity and growth for their businesses.”
Strategic Investments
Meanwhile, Marco Pollastrini emphasised that the opening of the company’s new warehouses in HFZA is part of its strategy to expand its presence in the UAE and the wider region through strategic investments. He pointed out that this expansion is driven by several factors and incentives offered by the Free Zone, including its strategic location, advanced logistics infrastructure, investment-friendly policies, and access to a port that supports the company’s global export plans.
Pollastrini noted that Raccortubi S.p.A. is one of the oldest international companies, with nearly 75 years of experience in producing pipes, fittings in stainless steel, duplex, super duplex, and Ni alloy. He added, “With the opening of new warehouses, we are committed to contributing to the growth and development of the oil, energy, and engineering construction sectors in the UAE, particularly in Sharjah.”
Pollastrini highlighted that the company serves many prominent clients in the UAE and the region, including Abu Dhabi National Oil Company (ADNOC), Petroleum Development Oman (PDO), Kuwait Oil Company (KOC), and Qatar Petroleum, in addition to a range of engineering firms, petrochemical plants, power stations, offshore platforms, and shipyards.
Hamriyah Free Zone is one of the largest free zones in the UAE, offering industrial and commercial lands with advanced infrastructure and modern facilities that support the external expansion plans of its investors, particularly in import and re-export to global markets. It provides numerous competitive advantages, including a single-window system that enhances operational efficiency and simplifies business processes, alongside benefits such as full foreign ownership of businesses, freedom to repatriate capital and profits, and swift access to regional and international markets.
