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9/19/24, 5:13 PM             China National Electric Engineering Co. invests Dh5 billion in infrastructure in Ajman - PropertyNews.ae
        China National Electric Engineering



        Co. invests Dh5 billion in infrastructure


        in Ajman





        September 18, 2024  in Ajman, UAE  Reading Time: 1 min read                                               A A


































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        The  Sinomach  Group  subsidiary  China  National  Electric  Engineering  Co.  Ltd.  has  agreed  with  the
        Ajman government that could result in up to Dh5 billion being invested in the emirate’s infrastructure
        projects. The investments will begin in the upcoming year.



        To take advantage of the growth opportunities that will arise from improved transportation connectivity,
        the northern emirate has been giving priority to infrastructure expansion wherever it is feasible. Ajman

        also hopes to leverage private sector expertise and investments here, if at all possible.


        “Ajman  is  dedicated  to  creating  an  ideal  climate  for  investment,  aligned  with  the  emirate’s  and  the
        nation’s broader economic visions and strategies,” said Sheikh Ammar bin Humaid Al Nuaimi, Crown

        Prince  of  Ajman  and  Chairman  of  the  Ajman  Executive  Council.  “We  are  focused  on  expanding
        infrastructure and modern industries to attract global companies and support their operations in our

        emirate.”


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