Chinese team discusses Bahrain investments
Manama, December 26, 2011
A high-level Chinese trade delegation recently met with senior officials related to the Diyar Al Muharraq project to discuss its investment opportunities.
The delegation which was led by Zhang Xiu, deputy director general of the Department of Commerce of Ningxia Hui region; in the presence of the Chinese Ambassador of Bahrain, Yang Weiguo; met with Abdulhakeem Alkhayyat, managing director and CEO of KFH-Bahrain; Aaref Hejres, CEO of Diyar Al Muharraq; Osama Al Khajah, chairman of Baytik Industrial Oasis; and senior officials from the bank to discuss investment opportunities in the Diyar Al Muharraq project.
The visiting officials were taken on a tour of the project site with a view to increasing the potential scope of cooperation between the two entities, a statement from a top official said.
Talks between the delegation and KFH-Bahrain focused on investment opportunities, facilities and services offered by the bank to help Chinese companies serve the local and regional markets, the statement said.
Alkhayyat explained to the delegation the strategic role Diyar Al Muharraq will play in the overall development of Bahrain’s housing market. He also shared the project’s business vision of creating Bahrain's largest mixed-use residential urban development.
'China is a highly developed and industrialised nation and we are pleased to be forging stronger cooperative ties with our Chinese counterparts. Opening up new projects and investment opportunities in the kingdom will not only benefit KFH-Bahrain and its customers, but also the future development of Bahrain in general.'
'We feel that China is the ideal partner for mutual business cooperation to aid the flow of investments and business between us. Opportunities exist in both countries and by working together to support domestic and international companies in Bahrain and China, we can boost the strategic business partnership between the two countries,' he added. – TradeArabia News Service