(MENAFN) The Sharjah Investment and Development Authority (Shurooq) and Invest Hong Kong (InvestHK) met to explore ways in which to activate a memorandum of understanding signed between both sides in 2013, Khaleej Times reported.
The MoU agreed to create a strategic investment partnership to increase foreign investment and business activities in their respective regions and to facilitate company referrals, with the aim of increasing joint business activity in Sharjah and in Hong Kong.
Both sides emphasized that the meeting served as a way to facilitate increased communication and networking opportunities between the business communities in Sharjah and Hong Kong.
"We are extremely pleased to welcome our counterparts from InvestHK to Sharjah as we take this next step in activating our partnership. There is immense potential for mutually beneficial cooperation between investors and organizations in Sharjah and Hong Kong," Shurooq CEO said