Sharjah Chamber and CCPIT Discuss Ways to Boost Cooperation and Investments
The Sharjah Chamber of Commerce and Industry (SCCI) held a meeting with the representative office of the China Council for the Promotion of International Trade (CCPIT) in the Gulf region to explore ways to enhance cooperation and mutual investments between the two business communities.
The discussions focused on fostering collaboration among entrepreneurs, investors, and businesses across various sectors in Sharjah and China. They also aimed to bolster information exchange between private sector representatives and increase joint trade exhibitions.
Both sides explored new investment opportunities in infrastructure, renewable energy, logistics, tourism, and construction. They also discussed potential avenues for cooperation between the business communities of Sharjah and China, emphasizing partnerships and coordination among investors to create new business opportunities.
The Sharjah Chamber highlighted the importance of developing and enhancing cooperation in private sector development between the two countries. They also emphasized efforts to host Chinese events and exhibitions at the UAE's Expo Centre Sharjah (ECS), inviting the Chinese private sector to participate.
Abdullah Sultan Al Owais, Chairman of the Sharjah Chamber, welcomed the Chinese delegation and underscored the strong historical and strategic ties between the UAE and China, reflected in the growing economic cooperation and trade exchanges. He noted that Sharjah has become a significant example of this cooperation, hosting over 700 Chinese companies.
The Chinese delegation commended the Sharjah Chamber's role in enhancing trade and economic ties between the two countries at the private sector level. They expressed CCPIT's commitment to exploring Sharjah's key business and trade sectors and exchanging insights regarding investment prospects. This includes arranging visits for Chinese entrepreneurs to the emirate and considering the potential for new Chinese enterprises to join those already operating in Sharjah and its free zones.