DWC working to attract Chinese companies
Dubai World Central’s (DWC) Business Park Free Zone has concluded a series of meetings with companies in China as part of its ongoing drive to attract foreign investment.
The DWC delegation visited cities Beijing, Chengdu and Taiyuan with LPT Management Consultancy partnering DWC to facilitate the meetings.
Paolo Serra, VP, Business Park, DWC, commented: “Dubai World Central is Dubai’s largest urban development project – an ecosystem that will ultimately support one million people – and we are keen to see China well represented here.
"Currently, we have over 2,500 companies based at DWC and the objective of this tour was to demonstrate the exciting value proposition Dubai World Central holds for Chinese businesses.
“During this visit, we chose to focus on meetings with specific companies from China’s perishables, logistics and general trading sectors, who are also looking to expand their operations in the Middle East, North Africa and South Asia region.
"With that in mind, we held fruitful one-on-one meetings with several business prospects. We look forward to growing their intent and interest.”
Bilateral economic ties between the UAE and China are witnessing an upward growth trend with the country maintaining its status as the UAE’s second largest trading partner, with trade volume reaching $54.8 billion in 2014, according to Emirates News Agency (WAM).