Forum spotlights UAE as gateway for Chinese investors into the Middle East
Industry giant Cosco Shipping Ports already leading the way, investing heavily in building the CSP Abu Dhabi Terminal at flagship Khalifa Port
Chinese companies and individuals have been increasingly turning to investment in Middle Eastern markets over past two years, with the New Silk Road projects firmly in mind.
And they have shown the most interest in infrastructure and property investments in the area, with the United Arab Emirates a particular focus of attention, according to Azmat Mui Moosdeen, chairman of Hong Kong Middle East Chamber.
On Monday the chamber is hosting a Belt and Road forum, at which opportunities will be presented and delegates told why the troubled region actually offers strong reasons to attract mainlanders.
“The Belt and Road Initiative has boosted interest in mainland companies investing in the Middle East area,” Mui Moosdeen said in an exclusive interview with the South China Morning Post.
“Enquiries from mainland companies and individuals looking to investing in the UAE and some other Middle East countries increased more than 10 times last year.
