Ammar bin Humaid receives member of the National Political Committee of China’s ruling party

Ajman Crown Prince Emphasizes Emirate’s Commitment to Fostering an Ideal Business Environment for Investors and Entrepreneurs

Ajman Crown Prince witnesses signing of memorandum of understanding between Ajman government and SinoMach Company for cooperation in investment projects worth 5 billion dirhams
Image Credit: Supplied
3 months ago

Ajman, UAE – H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Ajman Executive Council, welcomed Zhang Xiaolun, a key member of China’s National Political Committee and Chairman of both the Chinese Industries Chamber and Sinomach, at the Ajman Ruler’s Court.

The meeting underscored Ajman’s commitment to fostering robust relationships between government bodies and the private sector. Sheikh Abdul Aziz bin Humaid Al Nuaimi, Chairman of the Ajman Tourism Development Department, also attended the event, highlighting the importance of this high-profile engagement.

Key discussions focused on Sinomach’s strategic initiatives and ongoing projects in the region, with both parties emphasizing the mutual benefits of such collaborations. H.H. Sheikh Ammar bin Humaid Al Nuaimi highlighted the critical role of these partnerships in facilitating expertise exchange and executing major developmental projects. “These collaborations are essential for boosting economic activity, fostering innovation, and enhancing the overall business climate,” he stated.

Image Credit: Supplied

A pivotal moment of the meeting was the signing of a Memorandum of Understanding (MoU) between the Ajman government and Sinomach. The MoU, signed by Sheikh Abdul Aziz bin Humaid Al Nuaimi on behalf of the Ajman government and Yan Weihua, General Manager of CNEEC Group on behalf of Sinomach, outlines future cooperation on investment projects in infrastructure and manufacturing industries, estimated at AED 5 billion.

H.H. Sheikh Ammar reaffirmed Ajman’s dedication to creating an ideal investment climate. “Ajman is dedicated to creating an ideal climate for investment, aligned with the emirate’s and the UAE’s broader economic visions and strategies. We are focused on expanding infrastructure and modern industries to attract global companies and support their operations in our emirate,” he said.

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

The event was attended by prominent figures, including Sheikh Rashid bin Ammar Al Nuaimi, Vice President of Ajman Cultural and Sports Club; Sheikh Abdullah bin Majid Al Nuaimi, Director-General of Ajman’s Citizens Affairs Office; and Marwan Obaid Al Muhairi, Director-General of the Ajman Ruler’s Court, marking a significant step towards a prosperous partnership between Ajman and China.

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