The Bank of China is expected to play a role in some of the UAE’s most important projects in infrastructure and other sectors.
January 04, 2017
Dubai’s economic partnerships with China are deep and unique, particularly in terms of the Dubai Government’s vision to expand these ties and develop China as a strategic partner, not only in trade, but also in large-scale development projects, stated Hani Al Hamli, Secretary-General at Dubai Economic Council, DEC this week.
’The Bank of China (BOC) can play a pivotal role in that respect,’ Al Hamli said during a meeting with a high-profile delegation from the BOC - Dubai Branch, headed by Deputy General Manager, Jiaji Xu.
Al Hamli said that, based on its mandates to propose critical initiatives to the Government of Dubai to improve the policy-making that aims to raise the economic growth in the Emirate of Dubai and the UAE, the DEC forged strategic partnerships with a number of economic decision makers, financial institutions, and research and advisory centers in the People’s Republic of China, with a view to cooperate and coordinate in many areas of common interest, and on the forefront of these institutions is BOC .