# Forpack Industries signs MoU to set up first UAE headquarters at SAIF Zone

India's Forpack Industries signed an MoU with Sharjah's SAIF Zone to establish its first UAE headquarters by leasing four warehouses in the U2 area. The company plans AED 10 million in capital investment and makes packaging, stretch film and cardboard products.

- Type: New facility
- Announced: 2021-04-28
- Where: Sharjah, SAIF Zone U2 area, United Arab Emirates
- Value: $2.72M (10.0M AED)
- Status: announced
- Products: stretch film, LLDPE cling film, cardboard boxes, tissue paper, kraft board, pallet wrap
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Forpack Industries](https://endata.com/companies/7907.md) (investor)
- [SAIF Zone](https://endata.com/companies/7908.md) (partner)

## Sources

- [zawya.com](https://www.zawya.com/en/business/sharjahs-saif-zone-signs-deal-with-indias-forpack-industries-n4e9qvy1), 2021-04-28: "Forpack Industries is set to establish its first headquarters in the UAE by leasing four warehouses at SAIF Zone's U2 area."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.