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  • 2017 September 15 16:05

    DP World Chairman and Hong Kong CEO discuss strategic partnerships

    Global trade enabler DP World and  Hong Kong leaders discussed collaboration in  a range of sectors from  ports , logistics  and  customs  to education  and innovation at a meeting in  Hong Kong  this week, the company said in its press release.

    DP World Group Chairman and CEO  Sultan Ahmed Bin Sulayem  met with Hong Kong’s Chief  Executive Car rie Lam at Government House in the presence of the  Consul General of the United  Arab Emirates to Hong Kong , Nabila Abdelaziz Nasir Saeed Alshamsi, Hong Kong Secretary for Transport and Housing, Frank  Chan Fan, Hong  Chief Executive -Elect Office  Director, Kong  Eric  Chan Kwok -ki, and senior company officials. 

    The development of financial services  and  cruise terminal facilities, customs collaboration and  OBOR (One Belt , One Road) were also discussed. The  move  to develop  close  ties  between  the  UAE and Hong Kong  follows the recent opening of  a Dubai  Export  Office  there  and the  planned  Hong Kong Economic and Trade Office in Dubai to  attract capital investment.

    Firm partnerships  also  exist through  the  DP World’s  Jebel Ali  Freezone in Dubai , which is home to 32 Hong Kong companies and saw trade worth  US$ 339.7  million with Hong Kong in 2016.

    DP World and  its partners are investing $1.9 billion in China port terminals until 2020 and  already have operations alongside Hong Kong, in Qingdao, Tianjin and Yantai. While the  Asian region remained the top non -oil trade partner for Dubai in the first quarter of  2017,  Dubai trade with H ong  Kong totalled  AED 31 billion  in 2016.




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