Page 208 - AJMAN TOURISM PR REPORT FLIP - MAY 2025

6/2/25, 3:18 PM Ajman, China to boost bilateral investment and business relations
Ajman’s Free Zones Authority offers an integrated business environment with licencing, employment
services, and diverse real estate options within a supportive regulatory framework, in line with Ajman
Vision 2030.

Al Naqi highlighted that the Chongqing partnership is crucial to Ajman’s strategy of attracting high-
quality investments and marks a significant step in strengthening ties with leading global cities,
reiterating Ajman’s dedication to sustainable economic growth through strategic, innovation-driven
collaborations.

Meanwhile Ali Rashid Al Kaitoob, Executive Director of the Studies and Investment Development
Sector at the Ajman Chamber, affirmed the chamber’s keenness to enhance economic cooperation
with Chinese investors, leveraging growing UAE-China ties.

In statements to the Emirates News Agency (WAM) during the China (Chongqing) - UAE Economic
and Trade Investment Promotion Conference, Al Kaitoob said the emirate’s participation in the
conference underscores its commitment to strengthening ties with China’s investment community and
exploring new avenues for economic collaboration.

The chamber’s delegation includes representatives from several companies interested in forging
business relationships with Chinese private sector investors. The goal, he said, is to build long-term
partnerships and share expertise across strategic industries.

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.

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.

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