Global trade enabler DP World and Hong Kong leaders discussed
collaboration in a range of sectors from ports, logistics and customs to
education and innovation at a meeting in Hong Kong this week.
World Group Chairman and CEO Sultan Ahmed Bin Sulayem met with Hong
Kong’s Chief Executive Carrie Lam at Government House in the presence of
the Consul General of the United Arab Emirates to Hong Kong, Nabila
Abdelaziz Nasir Saeed Alshamsi, Hong Kong Secretary for Transport and
Housing, Frank Chan Fan, Hong Chief Executive-Elect Office Director,
Kong Eric Chan Kwok-ki, and senior company officials.
development of financial services and cruise terminal facilities,
customs collaboration and OBOR (One Belt, One Road) were also discussed
move to develop close ties between the UAE and Hong Kong follows the
recent opening of a Dubai Export Office there and the planned Hong Kong
Economic and Trade Office in Dubai to attract capital investment. Firm
partnerships also exist through the DP World’s Jebel Ali Freezone in
Dubai, which is home to 32 Hong Kong companies and saw trade worth US$
339.7 million with Hong Kong in 2016.
DP World Group Chairman and
CEO Sultan Ahmed Bin Sulayem, said: “Hong Kong and Dubai are at the
crossroads of world trade and we share common history as capitals of
commerce, where well-developed logistics infrastructure has enabled
growth of our economies.
“We are proud to be playing a
significant role in trade between the two cities through our flagship
operations in Jebel Ali Port where we’ve pioneered the port centric
logistics approach and our operations in the Port of Hong Kong. We’re
also interested in exploring Hong Kong’s cruise terminal business.
will continue to play a major role in our global network across 40
countries and we look forward to working with Dubai Exports to grow
trade there for the long term. We are partners in this journey, we are
on the same ‘Belt and Road.’
DP World and its partners are
investing $1.9 billion in China port terminals until 2020 and already
have operations alongside Hong Kong, in Qingdao, Tianjin and Yantai.
the Asian region remained the top non-oil trade partner for Dubai in
the first quarter of 2017, Dubai trade with Hong Kong totalled AED 31
billion in 2016.