China-Arab (UAE) Production Capacity Cooperation Demonstration Park and Abu Dhabi Economic Development Authority signed a memorandum of cooperation

   On November 6, during the 8th China International Import Expo in Shanghai, Zou Yonggang, Chairman of Jiangsu Haitou Company, and H.E. Hamad Al, Deputy Director of Abu Dhabi Economic Development Bureau, respectively represented the China-Arab (United Arab Emirates) Capacity Cooperation Demonstration Park and Abu Dhabi Economic Development Bureau (ADDED) signed a memorandum of cooperation (MoU) to jointly promote China-Arab industrial cooperation to a higher level. Theyab bin Mohamed bin Zayed, chairman of Abu Dhabi Crown Prince Affairs Office and national leader of the United Arab Emirates, witnessed the signing ceremony.   

   Before the ceremony, the two sides conducted pragmatic exchanges on the progress of the demonstration park project, industrial coordination and future cooperation plans to further consolidate the foundation of cooperation. The two sides recalled that since the launch of the cooperation in 2023, under the support and guidance of the Abu Dhabi Economic Development Bureau, the construction of the demonstration park has been steadily promoted, and the investment promotion and industrial layout have continuously achieved phased results. In the next step, the two sides will further strengthen cooperation in resource docking, investment promotion, enterprise landing services and park operation.   

   The signing of the memorandum of cooperation is an important achievement of the deepening of China-Arab industrial cooperation, injecting new impetus into the development of the demonstration park in Abu Dhabi, and will also build a more efficient and pragmatic cooperation platform for enterprises of the two countries.