Japan's Tokai Optical launches manufacturing operations at SAIF Zone
Tokai Optical Opens New Lens Factory in Sharjah's SAIF Zone
Sharjah Airport International Free Zone (SAIF Zone) has welcomed Tokai Optical, a leading Japanese lens manufacturer, as it begins operations in its new factory. This facility, covering 4,300 square feet, represents an investment of over AED 8 million and aims to produce over 2000 ophthalmic lenses daily. This move is part of Tokai's strategy to expand in the Middle East and Africa, where the lens market is expected to grow significantly.
Key figures such as Saud Salim Al Mazrouei, Director of SAIF Zone, and Kurt Leuridan, CEO of Tokai Optics, attended the inauguration. The factory features advanced technology, including precision measurement systems and AI applications, ensuring high-quality lens production. Al Mazrouei highlighted the importance of such investments in boosting Sharjah's economy and industrial diversity.
Kurt Leuridan emphasized the strategic advantages of SAIF Zone, including low operating costs and a strategic location, which support Tokai's regional and global growth ambitions. The factory aims to export products across the GCC, Middle East, and Africa.
Doubts Revealed
Tokai Optical
Tokai Optical is a company from Japan that makes lenses, which are the clear parts of glasses that help people see better.
Sharjah's SAIF Zone
SAIF Zone stands for Sharjah Airport International Free Zone. It's a special area in Sharjah, a city in the United Arab Emirates, where companies can set up factories and offices with special benefits like tax advantages.
AED
AED stands for Arab Emirates Dirham, which is the money used in the United Arab Emirates. It's like how we use Rupees in India.
Middle East and Africa
The Middle East is a region that includes countries like the United Arab Emirates, Saudi Arabia, and others. Africa is a large continent with many countries. Tokai Optical wants to sell more lenses in these areas.
Saud Salim Al Mazrouei
Saud Salim Al Mazrouei is a person who is important in the business world of Sharjah. He helps manage the SAIF Zone where the new factory is located.
Kurt Leuridan
Kurt Leuridan is likely a person involved with Tokai Optical or the new factory. He was present at the opening ceremony of the factory.
Advanced technology
Advanced technology means using the latest machines and methods to make things. In this case, it helps Tokai Optical make high-quality lenses quickly and efficiently.
Strategic advantages
Strategic advantages are special benefits or features of a place that help a company succeed. For SAIF Zone, it might include things like good location, tax benefits, or easy access to transportation.
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