UAE > JOCIC, a consortium of Chinese firms, invests $300 million in Abu Dhabi Ports

kizid Jiangsu Provincial Overseas Cooperation & Investment Company (JOCIC) has signed a 50 years agreement with Abu Dhabi Ports to initially invest $300 million to lease and develop 0.8 square miles (2.2 square kms) Abu Dhabi port. At Khalifa Industrial Zone Abu Dhabi (Kizad), according to Reuters, Mohamed Juma al Shamisi, Chief executive officer of Abu Dhabi Ports told that this More …