DWC targets Chinese companies
As part of its sustained drive to attract foreign investment, Dubai World Central’s Business Park Free Zone has concluded a series of B2B meetings with selected companies in China.
The delegation from DWC’s Business Park Free Zone visited three Chinese cities, Beijing, Chengdu and Taiyuan, as part of its exclusive B2B outreach programme.
Paolo Serra, VP, Business Park, Dubai World Central, comments, “Dubai World Central is Dubai’s largest urban development project, an ecosystem that will ultimately support one million people. We are keen to see China well represented here. Presently, we have over 2,500 companies based at DWC and the objective of this tour was to demonstrate the value proposition Dubai World Central holds for Chinese businesses.”
Bilateral economic ties between the UAE and China are witnessing an upward growth trend with the country maintaining its status as the UAE’s second largest trading partner. The UAE is a hub for countries in the Arabian Peninsula and one of the most important countries for the exports in the Arab world.
Earlier this year, its business delegation toured Italy. In 2013, visits to New Delhi, Mumbai and Bengaluru were part of its agenda to attract investors from India. The China meetings are the latest in a series of international outreach initiatives planned by Dubai World Central to attract foreign investments.
“During this visit, we chose to focus on meetings with specific companies from China’s perishables, logistics and general trading sectors, who are also looking to expand their operations in the Middle East, North Africa and South Asia region.With that in mind, we held fruitful one-onone meetings with several business prospects. We look forward to growing their intent and interest,” adds Serra.
An increasing number of foreign investors are setting up operations at Dubai World Central to leverage its growing business ecosystem that centers on the Al Maktoum International Airport (AMIA).
The Al Maktoum International Airport received its first passenger flight in 2013, while cargo operations began in 2010. As operations at the airport grow, the destination is anticipated to generate powerful business, employment and investment opportunities.