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DED wins Best promotional award in China 

Monday, October 18, 2010
An extensive drive by the UAE to push into lucrative Asian markets has catapulted the country to number one Arab investor in China, controlling more than 650 projects, official figures showed on Sunday. China also has around 3,000 ventures in the UAE while projects owned jointly by the two countries have peaked at nearly $12 billion, showed the figures by the Abu Dhabi Department of Economic Development (DED).The UAE is now the largest Arab investor in China as it owns more than 650 investment projects in that country,” said Hamad Abdullah Al Mass, Executive Director of the International Economic Relations at DED. As for Export promotion Director, Dr. Adeeb Al- Afifi, he explained that DED has won a prize as the best “promotional” exhibitor among nearly 400 companies taking part in the Chinese canton Fair which was inaugurated on October 15th in China, through DED stand that gathered six DED sponsored industrialists from Abu Dhabi.
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