Page 143 - AJMAN TOURISM PR REPORT - September 2024

9/19/24, 5:11 PM Ajman signs up China National Electric Engineering Co. for Dh5 billion investments in infrastructure | Property – Gulf News
Ajman signs up China National

Electric Engineering Co. for Dh5

billion investments in infrastructure

Sinomach Group entity signs deal with emirate for infrastructure funding

Published: September 18, 2024 08:12
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Ajman has in the recent past brought about major changes to investment rules across sectors. In the real
estate and hospitality space, the emirate recently brought in initiatives such as allowing short-stay rentals.
Image Credit: WAM

Dubai: The Ajman government has signed up with China National Electric Engineering

Co. Ltd., a subsidiary of Sinomach Group, that could lead to investments of up to Dh5

https://gulfnews.com/business/property/ajman-signs-up-china-national-electric-engineering-co-for-dh5-billion-investments-in-infrastructure-1.17266334… 1/2