China Dubai free zone investment

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Dubai Free zoneWhile many countries have slowed investments in Dubai’s free zones due to the current economic climate and continuing unrest in the Middle East, China has greatly increased its investments.  China’s efforts have led to an increase from 2009’s $11.8bn to $12.6bn this season.  This is partly due to instability in Egypt, Libya, and Yemen, so many companies have moved their headquarters to the UAE, especially those in the petrochemical industries.

China has now become the number one investor in Dubai’s Jebel Ali Free Zone, bringing about $9.2bn of investment to the area.  In comparison, Saudi Arabia only brought in about $5.5bn. China has been seeing rapid economic growth, even amidst a global downturn, and companies consider Dubai a solid place in which to do business.  As a result, this is an exciting time for Sino-UAE economic relationships.

 

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While many countries have slowed investments in Dubai’s free zones due to the current economic climate and continuing unrest in the Middle East, China has greatly increased its investments.  China’s efforts have led to an increase from 2009’s $11.8bn to $12.6bn this season.  This is partly due to instability in Egypt, Libya, and Yemen, so many companies have moved their headquarters to the UAE, especially those in the petrochemical industries. China has now become the number one investor in Dubai’s Jebel Ali Free Zone, bringing about $9.2bn of investment to the area.  In comparison, Saudi Arabia only brought in about...

Dubai Free zoneWhile many countries have slowed investments in Dubai’s free zones due to the current economic climate and continuing unrest in the Middle East, China has greatly increased its investments.  China’s efforts have led to an increase from 2009’s $11.8bn to $12.6bn this season.  This is partly due to instability in Egypt, Libya, and Yemen, so many companies have moved their headquarters to the UAE, especially those in the petrochemical industries.

China has now become the number one investor in Dubai’s Jebel Ali Free Zone, bringing about $9.2bn of investment to the area.  In comparison, Saudi Arabia only brought in about $5.5bn. China has been seeing rapid economic growth, even amidst a global downturn, and companies consider Dubai a solid place in which to do business.  As a result, this is an exciting time for Sino-UAE economic relationships.

 

Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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