On 16th Sep 2019, the "Business Opportunities in Abu Dhabi" events, sponsored by KIZAD and hosted by MIE Groups, was held in Shanghai.

H.E. Rashed AlQemzi, UAE Consul General to Shanghai, Mr. Samir Chaturvedi, CEO of KIZAD, Mr. Edwin Lammers, Vice President of Commercial of KIZAD, Ms. Cindy Liu, Senior Business Coordinator of KIZAD, Ms. Zhu Fang, Director of Investment Promotion of JOCIC attended the conference and delivered his speech. More than 90 enterprises in plastic, automobile, building materials, hardware, commerce, logistics and other fields participated in the event.

At the beginning, H.E. Rashed AlQemzi, UAE Consul General to Shanghai said that China and UAE enjoy a close economic cooperation relationship. Besides, UAE has become the second largest trade partner in UAE. According to the data, in the first five months of 2019, the bilateral trade volume already reached U$19 billion. His Excellency expressed his hopes that this event will enhance the strong and friendly business relationship between the UAE and China.

Mr. Samir Chaturvedi, CEO of KIZAD delivered a speech about the high quality and future development prospects of Khalifa Industrial Park. It offers investors many advantages, including competitive lease prices and the lowest utility costs in the UAE, no restrictions on capital and profit repatriation, competitive shipping prices and a centralized and effective government approval process. Currently, there are more than 40 enterprises in the free trade zone.

Ms. Cindy Liu, Senior Business Coordinator of KIZAD added that with the expansion of the FTZ, it will attract the interest of global manufacturing investors, which will help them upgrade the technology, diversify products and stimulate trade growth.

Ms. Zhu Fang, Director of Investment promotion of JOCIC, gave in her speech an overview of the planning and investment prospects of China-UAE Industrial Capacity Cooperation Demonstration Zone to the Chinese enterprises onsite.

Several renowned enterprises attended the event such as Baoshan Iron & Steel Co. and Shanghai MECCO. Baoshan Iron & Steel Co. said in an interview onsite that he is optimistic about market prospects in the Khalifa Industrial Park.

Following the meeting, Vice President Commercial Mr Edwin Lammers sat with Eastday for an interview.

Exchange of Gifts

Abu Dhabi Ports was established in 2006 and has the management power of commercial and community ports in the UAE, including the Khalifa Industrial Zone Abu Dhabi (KIZAD). This China roadshow was held in Shanghai (16 September 2019) and Guangzhou (10 September 2019), in order to carry out policy and market promotion, and promote business cooperation between two countries.

MIE Groups was founded in 2000 is a professional business organization in the Middle East market. China and MENA are integral part of the “Belt and Road Initiative” (BRI) to boost trade and communication between Asia, the Middle East, Africa and Europe. MIE Groups appeals to MENA buyers and is regarded the “fast track” option for Chinese enterprises to explore MENA market.

-Ends-

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.