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Thu 29 Sep 2016 01:53 PM

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Ajman inks China deal to boost tourism, business links

Ajman Tourism Development Department says agreement signed with Gulf Chinese Trading Corporation

Ajman inks China deal to boost tourism, business links

Ajman has signed an agreement with the Gulf Chinese Trading Corporation in an effort to promote tourism growth and enhance business opportunities with the world's largest exporter.

The memorandum of understanding has been signed by the Ajman Tourism Development Department (ATDD) at a conference held in the emirate attended by more than 250 delegates from the Hunan Province of China.

According to the MOU, both parties will share the goal of promoting tourism growth in the emirate by attracting more investors.

This includes initiating programs and activities that support tourism and similar matters that will promote Ajman as tourism destination on local, regional and international levels, a statement said.

Faisal Al Nuaimi, general manager of ATDD, said: “We believe that there is a huge potential for Ajman to attract and cater to new investors from China. 

"We have been attracting major developers since 2006 and we are seeing significant growth despite challenges affecting the whole industry. Ajman has good relationship with China and we see a lot of opportunities after our visit to Guangzhou, Shanghai and Beijing to promote the emirate to visitors and investors.”

The delegates from Hunan Province of China includes representatives from Gulf Chinese Trading Corporation, Zoomlion Heavy Industry Science & Technology Co Ltd, Bank of China and the Industrial and Commercial Bank of China.

The statement said both governments expressed their intention to solidify and deepen the relations in terms of more cooperation in trade, investment, industrial, infrastructure, banks, insurance and other economic development.

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