GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

Abu Dhabi, United Arab Emirates, July 21, 2018:   A strategic partnership and mutual promotion mechanism was established as Etihad Aviation Group (EAG) CEO Tony Douglas and Jiangsu Provincial Overseas Cooperation and Investment Company Limited (JOCIC) Chairman Luo Hua inked a Memorandum of Understanding (MoU) during Chinese President Xi Jinping's three-day state visit to the United Arab Emirates.  

The parties plan to cooperate on a wide range of areas in order to better support the development of the China-UAE Industrial Capacity Cooperation Demonstration Park (China-UAE Industrial Park) in Khalifa Port, Abu Dhabi, including air logistics, procurement, mutual promotion on respective premises and digital channels. 

The MoU signifies that EAG will provide the companies investing in the China-UAE Industrial Park with preferred air transportation and cargo rates on the routes and services between China and other cities on Etihad Airways entire network. JOCIC and the companies of the China-UAE Industrial Park also designate Etihad Airways as their preferred airline.
 
Under the agreement, EAG and JOCIC, the management company of the China-UAE Industrial Park, will jointly explore marketing opportunities through appropriate promotional channels in China and the UAE to promote the China-UAE Industrial Park, Abu Dhabi's friendly investment environment for Chinese companies as well as Abu Dhabi's unique geographic advantages and Etihad Airways' convenient network, which supports China's Belt and Road Initiative.  
 
In addition, EAG will enjoy special rates on the products produced and manufactured by Chinese companies at the China-UAE Industrial Park.

Tony Douglas, Etihad Aviation Group Chief Executive Officer, said: “China is a strategically important market for Etihad. We feel extremely honored to forge such a strategic partnership with JOCIC so as to serve the development of the China-UAE Industrial Capacity Cooperation Demonstration Park, and better foster the Chinese companies within the Industrial Park.”

“The partnership will demonstrate the long-standing commitment of Etihad, the national carrier of the United Arab Emirates, to acting as a bridge for economic and cultural exchanges between the UAE and China, as well as to strengthen the position of Abu Dhabi as an aviation hub to connect China with the economies along the Belt & Road Initiative by leveraging our strong global network,” Mr. Douglas continued. “It also exemplifies our pivotal role in the Abu Dhabi government's plan to strengthen the infrastructure and transport sectors in Abu Dhabi, in line with the Abu Dhabi Economic Vision 2030.” “This is only the beginning. We look forward to making more contributions to the project,” Mr. Douglas added.

Luo Hua, Chairman of Jiangsu Provincial Overseas Cooperation and Investment Company, said: “The China-UAE Industrial Capacity Cooperation Demonstration Park is a major project under the Belt and Road Initiative. It represents an important consensus reached by the leadership of China and the UAE to strengthen international industrial capacity cooperation between the two countries. 

“We look forward to working closely with Etihad Aviation Group by leveraging its diversification of business, convenient network and innovation advantages to drive the continued success of the China-UAE Demonstration Park,” added Chairman Luo. 

Established in July 2017, with a 50-year agreement signed between Abu Dhabi Ports and JOCIC, the China-UAE Industrial Park has successfully achieved investment agreements with 16 Chinese companies, totaling US$1 billion in value. The Chinese companies investing in the Industrial Park come from various sectors, including new energy sources, aluminum processing, machinery manufacturing, trade and logistics, metallurgy, building materials, chemicals, packaging, and food and beverages. 

In May 2018, Abu Dhabi Global Market (ADGM) also signed an MoU with JOCIC to establish a comprehensive financial service platform to better integrate financial resources to service the development of the China-UAE Industrial Capacity Cooperation Demonstration Park. The Industrial Park aims to become a major window and platform for China's investment and trade cooperation with countries in the Middle East, Africa and Europe.

Etihad Airways currently operates daily flights between Abu Dhabi and China's four main gateways — Beijing, Chengdu, Shanghai and Hong Kong.



Posted by : GoDubai Editorial Team
Viewed 7326 times
Posted on : Saturday, July 21, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Emirates and flydubai come together to offer customers seamless travel options to Zagreb this winter
Next Story : Etihad Airways Celebrates President Xi Jinping's Visit With a Series of Cultural Activities
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
24 Karat Gold Elixir by Mehrunisa Launches in the UAE Beauty Market
Festive Gift Sets from Bubble T
Get Ready for Party Season with Lottie's new make-up hits
Holiday Gifting Made Easy with Wet n Wild Beauty Specials
Tissot PR100 Lady Sport – Chic Glamourous Festive Season
New 1948 Seamaster Watches Join the Ranks'
Tissot PR100 Lady Sport – Chic Sporty yet Feminine
Interview with Asil Attar, CEO of Al Yasra Fashion
Dubai Shopping Festival Wednesday Specials at The Smile Bar
DKNY Launches (Limited Edition) Holiday 2018 Collection
Extra Fort Automatic continues to set style standards
CITIZEN's “#MyBetterStartsNow” campaign seeks out UAE's inspired and driven indi...
Model of the Year Takes Camo to Catwalk Level
Johnny Depp Wears a Corum Bubble Skull
Pure Gold Jewellers celebrates the festive season with new diamond necklace desi...
TIPS & TOES: January 2019 Special Offers
Winter wool Christmas must- haves
Samsung Galaxy A9 – Designed to capture the world in its fullest
Chic and Stylish Wraps with a 3 in 1 effortless concept
Michael Kors Collection Transeason 2019 Press Presentation
Santa is Coming to Town!
Marni Introduces Marni Rothko, A 7-layer Acetate Frame With a Vivid, New Color ...
New Menu alert: Moombai & Co. launches exciting and delicious food items to its menu
9th Edition of China Homelife Exhibition to Have Over 3000 Exhibitors Across Bus...
Els Back for the 30th Omega Dubai Desert Classic Aiming for a Record Fourth Victory
UAE students win top awards at international math competition in Malaysia
Enjoy 11 exciting new street entertainment shows at BOLLYWOOD PARKS™ Dubai
Get Party Ready with Champion Cleaners
'Introducing the GUESS Jeans Fall 2018 Collection'
Over 80 developers showcase top projects at Indian Property Show in Dubai
Raja Al Gurg is one of Forbes Magazine's 100 most powerful women in the world
Ring in the New Year With Four Firework Shows at Dubai Festival City Mall
Puma and Hasbro Announce New Collaboration
Nine winners honored by DQG for their innovative ideas at the 10th Global Contin...
Over 2,000 Cyclists Took Part in the Cycle Challenge of the Year
SAVEX 11 TO 15 DECEMBER 2018
Facebook Watch: What We've Built & What's Ahead
Jury Announced for Epson's First Ever Win-A-Robot Competition in Europe, The Mid...
Cosy, chic coats from Marks & Spencer
His Highness Sheikh Saud discusses collaboration with British Consul-General And...
Spinneys Dubai 92 Cycle Challenge | Road Closure Timings
Listen to the Autism Beat Gala Dinner at Atlantis - The Palm
Arla Foods launches initiative with UAE Ministry of Education to promote healthi...
CBUAE and Central Bank of China meet to Enhance Renminbi Clearing in the UAE
Julphar to Launch Wearable Insulin Delivery Device in GCC
Bawabat Al Sharq Mall is all set to welcome an exciting festive season with 'Wi...
It's a Wrap! The Second JLT Restaurant Awards Conclude with a Glitzy Ceremony At...
Joe's Backyard Opens at the Holiday Inn, Dubai Festival City
Young Emirati Champion Rashid Al Dhaheri Powers Ahead to Stunning Victory at the...
Dubai Islamic Bank triumphs at Islamic Business and Finance Awards 2018