UAE- Shurooq woos HK, China investors


(MENAFN- Khaleej Times) The Sharjah Investment and Development Authority, or Shurooq, highlighted business potential and investment attractions in the emirate to government and private sectors in China and Hong Kong, all of which are part of promoting bilateral economic relations, according to a statement by the authority. A Shurooq delegation wrapped up its tour of China recently. It was led by chief operating officer Ahmed Obaid Al Qaseer and included business development director Elie Armaly and head of investment promotion Mohammed Juma Al Musharrakh. The delegation held a series of meetings with officials from economic and commercial sectors, as well as with representatives from the tourism, business and investment sectors, and government authorities in Hong Kong. "Following successful meetings with a number of Chinese companies and agencies in Beijing on the sidelines of our participation in the 9th Annual Beijing International Tourism Expo, we headed to Hong Kong... where we met with representatives of the business community, including investment and commercial agencies, to discuss possible ways to develop economic and commercial cooperation between Sharjah and Hong Kong," Al Qaseer said. "The tour comes in line with Shurooq's strategy to promote the emirate and highlight its tourist attractions and investment opportunities, as well as its distinguished geographic location, sophisticated infrastructure and advanced transport networks that allow easy access to local and global markets." Shurooq highlighted that Sharjah enjoys a strategic location between Europe and the Far East. The emirate is the only GCC hub with direct access to the Gulf and Indian Ocean, offering a gateway to 160 countries and around two billion people. Shurooq's delegation began its three-day visit to Hong Kong with a meeting with Brenda Poon, director of new markets at the Hong Kong Tourism Board, where delegation members listened to a presentation on the council's experience in promoting tourist destinations in the city. Both sides discussed ways of cooperation between them. During a meeting with the management of the Hong Kong General Chamber of Commerce, the delegation met with board chairman Marc Castagant, deputy chairman Bahzad Merzai and a number of officials. The delegation then held a meeting with Hong Kong Investment Authority officials, including director-general Simon Galpin, financial services head Pricilla Lu and international operations director Angelica Long. Chinese General Chamber of Commerce chairman Henry Chung affirmed the deep-rooted and historical relations between China and the UAE, particularly between Hong Kong and Sharjah.


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