Sharjah continues to expand its global economic partnerships, welcoming a high-level Chinese delegation to explore investment opportunities. The Department of Government Relations (DGR) and the Sharjah FDI Office (Invest in Sharjah) hosted prominent Chinese investors, CEOs, and trade experts. Their visit aimed to build strategic alliances and identify promising sectors for investment in the emirate.
Strengthening Economic Ties
Sheikh Fahim Al Qasimi, Chairman of DGR, along with key Sharjah officials, welcomed the delegation. Leading Chinese figures included Ronnie Chan, Honorary Chair of Hang Lung Properties, and Fanjie Wei, Director of the Shanghai Future-Oriented Industries Fund. They represented companies across asset management, capital investment, industrial, and energy sectors.
Sheikh Fahim Al Qasimi emphasized that the visit highlights Sharjah’s position as a preferred global investment hub. He reaffirmed DGR’s commitment to fostering international partnerships and expanding opportunities for investors in the emirate.
Business Forum at House of Wisdom
The delegation’s visit began with a business forum at the House of Wisdom. Discussions focused on key sectors, including tourism, logistics, healthcare, green technology, and advanced manufacturing. Officials presented an overview of Sharjah’s investment landscape, highlighting its flexible policies and modern infrastructure.
After the forum, the delegation toured the House of Wisdom, exploring its rare book collection and learning about its role in promoting cultural exchange.
Logistics and Trade Expansion
The visit continued at Sharjah Airport International Free Zone, where HE Saud Salim Al Mazrouei welcomed the delegation. He highlighted Sharjah’s strong economic ties with China and the increasing interest of Chinese businesses in the emirate.
The delegation toured companies within the free zone, including Aura Parfum, a key fragrance manufacturer with a growing global footprint. They also explored Sharjah’s strategic advantages, such as streamlined business procedures and a well-connected trade network.
Advancing Green Technology
At BEEAH Group’s headquarters, the delegation met with CEO Zouheir Sabra and senior officials. They attended a presentation on BEEAH’s sustainability initiatives, focusing on renewable energy and waste management solutions. A guided tour showcased the company’s eco-friendly operations and commitment to green technology.
Exploring Sharjah’s Heritage
The visit concluded with a cultural experience at Mleiha Archaeological Centre. The Chinese delegation explored historical sites and gained insights into the region’s ancient civilizations. This experience highlighted Sharjah’s dedication to heritage tourism, a growing sector attracting global visitors.
Strengthening UAE-China Trade Relations
China remains the UAE’s largest trading partner, accounting for over 11% of non-oil trade. In the first half of 2024, trade between the two nations reached $42 billion, reflecting steady growth. More than 15,500 Chinese companies operate in the UAE, reinforcing the strong economic ties between both countries.
Sharjah’s commitment to fostering international investments and expanding trade partnerships ensures continued economic growth and innovation.
