ATDD and Gulf Chinese Trading Corporation sign MoU

9/29/2016 7:41:47 AM

(MENAFN- Emirates News Agency (WAM))

AJMAN, 29th September, 2016 (WAM) -- The Ajman Tourism Development Department, ATDD, and the Gulf Chinese Trading Corporation have signed an MoU to promote tourism growth in the emirate and enhance business opportunities .

Faisal Al Nuaimi, General Manager of ATDD, and Feng Luo, General Manager of Gulf Chinese Trading Corporation, signed the agreement this week during the Hunan Manufacturing Industry Steps in Middle East Conference held at the Fairmont Ajman.

According to the MoU, both parties will share the goal of promoting tourism growth in the emirate by attracting more investors. They will form the framework and basis of cooperation and joint efforts to make its activities effective and beneficial.

"We believe that there is a huge potential for Ajman to attract and cater to new investors from China. We have been attracting major developers since 2006 and we are seeing significant growth despite challenges affecting the whole industry. Ajman has a good relationship with China and we see a lot of opportunities after our visit to Guangzhou, Shanghai and Beijing to promote the emirate to visitors and investors," added Al Nuaimi.

WAM/Esraa/Moran

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