Dubai Industrial Park (DI), one of the largest industrial hubs in Dubai and a member of TECOM Group, has reaffirmed its commitment to China as a key investor in the burgeoning Middle East food industry and to further expand its bilateral relations, during the visit of a senior DI delegation to China.
The delegation, led by Saud Abu Al-Shawareb, Managing Director of Dubai Industrial Park, held several meetings with government organisations and business partners in China to introduce Dubai Industrial Park and highlight its role in advancing Dubai’s economic diversification efforts and increasing the UAE’s non-oil GDP.
In addition to providing a detailed overview of the diverse components of DI, the delegates also highlighted a range of offerings for their Chinese counterpart to increase local food production, benefitting from the country’s world-class ground, marine and aerial infrastructure as well as its strategic location at the crossroads between East and West.
Furthermore, the delegation attended meetings with and toured the facilities of DI’s 100th business partner, the industrial group Lesso, in the major cities of Fushun and Guangzhou. Spanning an area of 600,000 square feet, the one-stop facility provides all services related to cover sanitary ware, integral kitchen, PVC profile doors and windows, decorative plates, fire-fighting equipment, hygiene materials, environmental protection, home furnishing and building material.
The delegates exchanged experiences and best practices in manufacturing and logistics with their Chinese hosts, examined potential synergies, and explored the most effective ways to boost cooperation with the Chinese stakeholders. In addition, they discussed how Dubai Industrial Park can help companies from Fushun and Guangzhou achieve their international business expansion objectives.
The strategic visit followed a signed agreement in 2017, between DI and the Chinese enterprise Ningxia Forward Fund Management Company to build a China-UAE industrial food hub in the emirate.
Speaking on the occasion, Al-Shawareb said: “The synergy between China and the UAE is an exemplary model of cooperation, understanding and mutual interest. Today, China is in DI’s burgeoning expansion of the trade industry.”