Page 146 - AJMAN TOURISM PR REPORT - September 2024

9/19/24, 5:12 PM Ajman signs Dh5 billion investment deal with China’s Sinomach Group | Arabian Post

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Zhang Xiaolun expressed his gratitude for the warm reception and praised the ongoing cultural and
economic renaissance in the UAE, particularly in Ajman. He highlighted the emirate’s progressive
legislation, modern infrastructure, and flexible services that make it an attractive destination for

international business. He expressed his genuine wish that the MoU be the commencement of a
series of successful cooperations between Ajman and Sinomach.

Additionally, both sides extended their appreciation to UAE-based businessman Shaji Ul Mulk, who

played a pivotal role in facilitating the visit and fostering investments in Ajman through his position as
the local strategic partner of CNEEC.

“CNEEC is primarily focused on large-scale infrastructure projects in Ajman, including real estate
development and the establishment of high-tech industrial parks. Their model involves executing long-

term EPC (Engineering, Procurement, and Construction) contracts with an emphasis on sustainable
growth,” Shaji Ul Mulk said.

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