Lalu Samuel: Sharjah’s 2022 budget provides all economic sectors with solid ground to continue their progress of growth and prosperity

HE Lalu Samuel, Chairman of Kingston Holdings Group and Chairman of the Representative Committee of the Industry Sector at the Sharjah Chamber of Commerce and Industry (SCCI), stressed that Sharjah’s general budget for the upcoming fiscal year 2022, provides all economic sectors with a solid ground to continue their progress of growth and prosperity.

“The AED 34.4 billion budget, approved by H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, will enhance investors’ confidence in the emirate’s markets as it demonstrates the strength of the local economy,” Samuel said.

“Next year’s budget highlights the wise leadership’s constant support for the sustainable development process in Sharjah and reflects the government’s keenness to implement all infrastructure projects necessary to enhance the competitiveness of the Emirate, and stimulate its economic growth. This indeed heralds a new stage of development and growth, and will enhance the emirate’s financial sustainability and improve economic indicators in various industrial and commercial sectors,” Samuel added.

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Attached photo: HE Lalu Samuel, Chairman of Kingston Holdings Group and Chairman of the Representative Committee of the Industry Sector at the Sharjah Chamber of Commerce and Industry (SCCI),