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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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