10 Jiangsu Companies Invest 800M USD in Ahbu Dhabi

 

Via www.ecns.cn

Twelve Chinese companies will invest more than 800 million U.S. dollars in a Belt and Road project in Abu Dhabi, creating more than 2,000 jobs.

Agreements have been signed between the companies, 10 of which are from east China’s Jiangsu Province, with the Jiangsu Provincial Overseas Cooperation and Investment Company (JOCIC), which is in charge of developing 2.2 square kilometers of land at the Khalifa Industrial Zone Abu Dhabi (Kizad).

China will build the industrial cooperation demonstration park within Kizad to boost practical cooperation within the framework of the Belt and Road Initiative.

 

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