The event gave an opportunity for Dubai Internet City's business partners to interact with a host of small and medium Chinese companies visiting Dubai to explore business opportunities in the UAE. The Shenzhen delegation included top officials like Chen Yingchun, Vice Mayor of the Shenzhen Municipal Government and officials of its trade promotion bodies.
"The delegation we hosted included heads of vibrant small and medium enterprise companies from Shenzhen, one of China's economic powerhouses," said Jamal Abdulsalam, Executive Director of Dubai Internet City. "The networking event was part of our efforts to hold events where our partners could tap new business opportunities," he added.
Shenzhen is the first of the Special Economic Zones (SEZ) of China. It is one of the largest cities in the Pearl River Delta region and the largest manufacturing base in the world.
Shenzhen is a booming city of 4.6 million people and has continued to take the lead in testing new market economy policies for the Chinese mainland. It now hosts 15% of China's IT industry and has the highest per capita income in the country.
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Dubai Internet City business partners explore business ties with Shenzhen companies
- United Arab Emirates: Tuesday, June 13 - 2006 at 12:54
- PRESS RELEASE
Dubai Internet City (DIC) last week hosted a networking event for a 36-member delegation from the Chinese city of Shenzhen.
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About Dubai Internet City (DIC):
Dubai Internet City (DIC) is the Middle East's Biggest Information and Communications Technology (ICT) cluster built inside a free trade zone. Home to the global ICT giants, DIC provides a knowledge-economy ecosystem designed to support the business development of the likes of Microsoft, Oracle, HP, IBM, Siemens and Cisco, while also catering to many small-and medium-sized enterprises and entrepreneurial ventures. The ICT cluster in DIC is comprised of companies from various sectors: Software Development, Business Services, Web based & E-Commerce, Consultancy and Sales & Marketing. DIC provides an environment that attracts all elements of the value chain and supports companies in exploring and expanding business development opportunities. Amongst other benefits, DIC offers companies 100% tax-free ownership, 100% at repatriation of capital and profits, no currency restrictions, easy registration and licensing, and solid intellectual property protection. DIC has also created a business environment that will help ICT business innovate and grow. The community offers a rich network that companies can tap for resources, partnerships and ideas.
Posted by Anne-Birte Stensgaard, Senior News EditorTuesday, June 13 - 2006 at 12:54 UAE local time (GMT+4)
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This article was updated on Tue Oct 10 2006.
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