Page 113 - AJMAN UNIVERSITY PR REPORT - MAY 2025

5/26/25, 11:56 AM Ajman, China to boost bilateral investment and business relations
Highlighting recent cooperation, Al Kaitoob pointed to an Dhs5 billion infrastructure investment partnership between Ajman’s government
and China’s SINOMACH group. Signed in 2024, the deal reflects growing confidence and collaboration between public and private sectors
in both countries.

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He added that Ajman is targeting further Chinese investment in key areas such as real estate, tourism, manufacturing, education,
healthcare and cultural exchange, to create a more integrated and sustainable economic relationship.

Al Kaitoob reaffirmed Ajman Chamber’s readiness to support Chinese companies and investors interested in the local market, offering
guidance and facilitating connections with the emirate’s broader business ecosystem.

Ajman Crown Prince witnesses signing of 10 strategic MoUs between Ajman government, Chongqing Municipality -

On Friday Sheikh Ammar Bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Executive Council, attended the launch of
the China (Chongqing) - UAE Conference on Promotion of Trade and Investment.

The event saw participation from a UAE delegation representing various government and economic entities.

During the event, Sheikh Ammar toured the UAE pavilions in the accompanying exhibition and witnessed the signing of 10 strategic
Memoranda of Understanding (MoUs) between the Government of Ajman and Chongqing Municipality. Leading the list was an MoU to
establish a sister-city relationship between Ajman and Chongqing, alongside agreements in industrial investment, free zone development,
logistics connectivity, clean energy, and education-all reflecting a shared commitment to expanding bilateral partnerships and advancing
sustainable growth.

These MoUs represent a pivotal step in supporting the implementation of Ajman Vision 2030, which aims to establish a balanced and
integrated development model.

Dignitaries in attendance were Sheikh Abdulaziz Bin Humaid Al Nuaimi, Chairman of the Ajman Department of Tourism Development;
Sheikh Rashid bin Ammar bin Humaid Al Nuaimi, Vice President of Ajman Club; Hussain bin Ibrahim Al Hammadi, UAE Ambassador to the
People’s Republic of China; Senior officials from Ajman Government, and business leaders and investors from both sides.

The conference included presentations on investment opportunities across various Emirates.
Sheikh Abdulaziz Bin Humaid Al Nuaimi highlighted that the MoUs signed reflect the vision of H.H. Sheikh Humaid bin Rashid Al Nuaimi,
Member of the Supreme Council and Ruler of Ajman, to enusre the Emirate’s prosperity and quality of life, making it one of the world’s
most attractive destinations for living and investment.

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