Friday, October 17, 2008

Bin Sulayem, CITIC Guoan Group chief discuss business co-operation

HE Sultan Ahmed Bin Sulayem, Chairman of Dubai World, one of the largest holding companies in the world, met in Beijing Mr. Li Shilin, prominent businessman and Chairman of CITIC Guoan Group.

The two corporate leaders discussed a wide range of investment-related topics, including potentials for future projects and possibilities for working together. The meeting was held at the spectacular Grand Epoch City in Xianghe, close to Beijing, the CITIC Guoan Group’s flagship international conference and exhibition centre complex. Mr. Bin Sulayem took a tour of the massive project, which is also major tourist attraction that includes six different styles of high-end hotels, the Golden Arts Hall, the Buddhism Museum, a Golf Garden, an indoor water park and shopping places. The discussions underlined Dubai World’s keenness to sustain the momentum of economic co-operation between Dubai and China. Mr. Bin Sulayem and Mr. Shilin expressed happiness over the increasing trade and investment flow between the two countries. “It was a fruitful meeting,” Dubai World Chairman said. “The discussions and the tour of the Grand Epoch City gave me another ringside view of the strides China has made in economic development. It runs close to what Dubai has achieved in different areas, where Dubai World has been playing a major role,” Mr. Bin Sulayem said. Dubai World has a strong investment presence in China, led by DP World’s port operations.
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