Money and business

The Ministry of Investment and the Chinese “Jereh” Group sign a memorandum of understanding to establish an integrated platform for clean energy and manufacturing in the Emirates

The Ministry of Investment signed a memorandum of understanding with the Chinese “Jereh” Group, with the aim of developing an integrated platform for clean energy and manufacturing in the country.

The memorandum comes within the framework of strengthening bilateral economic relations between the UAE and the People’s Republic of China, and consolidating the country’s position as a regional center for advanced energy technology and advanced manufacturing.

The memorandum of understanding was signed in Beijing by His Excellency Mohammed Abdul Rahman Al-Hawi, Undersecretary of the Ministry of Investment, and Li Weibin, CEO of Jeriah Group.

The Jereh Group’s investment plan includes four main axes: the deployment of miniature modular reactors to provide stable, carbon-free primary energy, the establishment of a factory for the production of anode materials with a targeted production capacity of 100,000 tons annually, and facilities for recycling lithium batteries.

This system is designed to operate in an integrated manner, as the energy generated from the mini-standard reactors is directed directly to feed the anode materials factory, and the project will be implemented gradually over a period ranging from three to five years.

On the other hand, the anode materials production plant contributes to supporting the UAE’s ambition to expand the scope of advanced manufacturing and enhance its local industrial capabilities.

The clean energy components of the platform are also in line with the UAE Energy Strategy 2050, which aims to increase the contribution of low-carbon energy sources to the energy mix, in addition to continuing to invest in a safe and diversified energy infrastructure.

This integrated platform contributes to consolidating the UAE’s leading position in adopting advanced energy applications, which enhances its attractiveness as a destination for large-scale technological investments.

The Ministry of Investment will play a pivotal role in supporting the growth of the Jereh Group in the UAE.

This memorandum of understanding embodies the Ministry’s directions to attract qualitative investments in high-growth sectors, supporting the UAE’s position as a leading global center and a major driver of international investments, enhancing energy security and achieving sustainable development.

Mohammed Abdul Rahman Al-Hawi said that the UAE continues to strengthen its position as a global center for innovation and industry, and the Jereh Group’s commitment to developing an integrated platform for energy and manufacturing within the country is clear evidence of this, noting that over the past forty years, investment relations between the UAE and China have developed into a strategic partnership based on the flow of capital between the two countries.

He added that this partnership with the Jereh Group is based on this solid foundation, which reflects the depth of our economic relations with China, the fourth largest source of foreign direct investment in the UAE and our largest trading partner, as the volume of bilateral trade exchange exceeded $100 billion in 2024.

In turn, the UAE continues to provide an attractive environment for companies seeking international expansion, supported by world-class infrastructure, an advanced regulatory environment, and a strategic location linking global markets.

For his part, Lee Webin said that signing the memorandum of understanding with the Ministry of Investment represents a turning point in Jereh’s international expansion journey, as the UAE is a strategic market for the group’s expansion as a leading economic force and a global center for innovation, trade and investment.

He added that this partnership allows the Jereh Group to align its business with the country’s ambitious vision, benefit from its dynamic investment system, and highlight its capabilities in the fields of clean energy, advanced manufacturing, and digital infrastructure.

He explained that this cooperation contributes to accelerating industrial growth plans, enhancing contribution to the country’s sustainable economic development path, in addition to establishing new standards for integrated energy and industry platforms in the region.

By the end of July 2025, the number of Chinese commercial licenses operating in the UAE market reached approximately 16,500 licenses, recording an increase of more than 18% on an annual basis, and these licenses include a wide spectrum of economic and investment activities in the country.

Related Articles

Back to top button