Sharjah and China are looking to enhance cooperation in the fields of economics and investment

Sharjah, February 18/ WAM/ The “Government Relations Department in Sharjah” and the Sharjah Foreign Investment Office “Invested in Sharjah” discussed a Chinese delegation that included a number of prominent investors, executives and experts in the fields of economics and trade enhancing partnership between the two sides and exploring promising investment opportunities in the emirate .

This came during the meeting of Sheikh Fahim Al Qasimi, head of the department, Sheikh Saud Al Qasimi, Director General of “Sharjah Digital Office”, Sheikh Majid bin Abdullah Al Qasimi, Director of the “Government Relations Department in Sharjah” and Muhammad Jumaa Al -Mashrakh, Executive Director of “Invest in Sharjah” the Chinese delegation headed by Ronnie Chan, Honorary President Hang Lang Real Estate, accompanied by Vanji Wei, director of the Shanghai Fund for Future Industries Care, “and Bing Wang, Executive Director of Information at” Inatee Investment Management “, and included a number of managers of companies specialized in assets, capital, industry, energy and representatives of the” Klak Tower Group “.

Sheikh Fahim Al Qasimi stressed that the Chinese delegation’s visit to Sharjah reflects the strength of economic and investment relations between the emirate and global markets and establishes its position an attractive destination for investors thanks to its comprehensive development vision, noting that the department seeks to expand international cooperation channels and enable investors to benefit from the prosperous business environment provided by Sharjah that is based on diversity Economic, sustainability and innovation.

He described the visit of the Chinese delegation as not just an opportunity to enhance partnerships, but rather an important step towards building solid economic bridges that open new horizons to qualitative investments that support joint growth and create real value in the long run.

For his part, Mohamed Gomaa Al -Mashrakh explained that the visit is an important station to enhance investment relations between Sharjah and China and said that building strategic partnerships with global markets contributes to stimulating sustainable economic growth through its flexible investment environment and advanced infrastructure. Sharjah provides promising opportunities for investors in various sectors supported by attractive policies that facilitate Establishing and expanding businesses that (investing in Sharjah) is committed to providing full support to international investors and extending bridges of cooperation that enhance innovation and open new horizons for trade and investment between the two sides.

Within the visit program, the “Business Forum” was organized in the “House of Wisdom”, during which the two sides discussed investment opportunities in the main sectors in which the emirate has great competitive advantages, including culture, tourism, transportation, logistical services, health care, green technology, human capital and innovation as well as advanced industries, agricultural technology Food.

On the sidelines of the forum, the Chinese delegation was briefed on the sections of “House of Wisdom” and learned about its unique holdings of books and manuscripts in various languages ​​and listened to an explanation about the role of “House of Wisdom” in promoting cultural communication and relations between peoples.

The delegation visited the “Free Zone of Sharjah International Airport”, His Excellency Saud Salem Al Mazrouei, Director of the Free Zone Authority in Sharjah and the Sharjah International Airport Free Zone Authority, stressed that the relations between the UAE and the People’s Republic of China represent a pioneering model in international economic relations and witnessing an accelerated growth and prosperity in particular With Sharjah, in light of the modern infrastructure, a strategic geographical location, stimulating legislation, and a favorable organizational environment to establish business.

Al Mazrouei pointed out the importance of this visit in opening new horizons of cooperation and strategic partnerships that serve the interests of the two sides, stressing the keenness of the two regions to provide the best services to investors from all over the world and to harness all the capabilities that guarantee the investing companies an incubator environment for their investments and help them expand their businesses and upgrade them and serve their customers in markets The region and the world.

The Chinese delegation is acquainted with the role of the “Free Zone of Sharjah International Airport” in promoting trade and investment and facilitating the movement of goods and its strategic location, great competitive advantages, the services it provides, how to extract licenses and facilitate procedures and visited a number of Chinese companies operating in it.

The Chinese delegation also visited the headquarters of the “Environment Group”, and Zuhair Sabra met the CEO of “Environment for Investment” and Rahma Al Shamsi, Director of Projects in “Environment”.

The “Environment Group” team made a presentation to the Chinese delegation about the group and companies under its umbrella, and the leading solutions and services it provides.

The visit concluded with an official ceremony in the “Maliha Antiquities Center”, during which the Chinese delegation was known for the archaeological discoveries that provide a deep view of the history of the peoples of the region and its ancient civilization.

It should be noted that the Republic of China is the first global trade partner of the UAE, as it acquires more than 11% of the non -oil trade of the state, while the value of the UAE trade with China amounted to 42 billion dollars.

In the first half of 2024 a growth of 3% compared to the same period from 2023, in addition to arrival

The total number of Chinese companies operating in the UAE markets to approximately 15,500 companies.

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