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Tuesday, July 4, 2023
Welcome to the official website of the 中国—阿拉伯国家博览会
China-UAE Industrial Capacity Cooperation Demonstration Zone
  • Updated:

    08-14-2023

    Source:

    Secretariat of the China-Arab Sates Expo
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    Overview

    The China-UAE Industrial Capacity Cooperation Demonstration Zone is a major cooperation project to implement the important consensus reached by the two countries and serve the Belt and Road Initiative. As the two nation's industrial capacity cooperation continues to advance, and with the zone located in the port-vicinity industrial park of Khalifa Industrial Zone having made good progress, the high-quality construction of the Belt and Road initiative will be further accelerated, and the bilateral development strategies will be strengthened, facilitating the completion of the projects of Khalifa Port Container Terminal 2 and the China-UAE Industrial Capacity Cooperation Demonstration Zone.


    In May, 2017, during the meeting of the Jiangsu Provincial Belt and Road Steering Group, Jiangsu Provincial Overseas Cooperation and Investment Company Limited (JOCIC) was established to manage the investment, development and operation of the zone, with the joint efforts of four national-level development zones, including Suzhou Industrial Park, Jiangning Development Zone, Yangzhou Economic and Technological Development Zone and Haimen Economic Development Zone. In 2020, the China National Nuclear Corporation confirmed that its subsidiary, the China Zhongyuan Engineering Corporation, would invest in JOCIC as the second largest shareholder. The registered capital of JOCIC now exceeds 700 million yuan (about $96.8 million). JOCIC, with a shareholder structure of “1+1+4”that integrates the strengths of one provincial SOE, one central SOE and four national development zones, is an alliance between giants that complement each other' s advantages.


    The China-UAE Industrial Capacity Cooperation Demonstration Zone is located in Abu Dhabi, the capital of the United Arab Emirates, 60 kilometers and 80 kilometers from Abu Dhabi and Dubai respectively, with a total planned area of 12.2 square kilometers. The zone is in the Khalifa Economic Zone Abu Dhabi (KEZAD), and adjacent to Khalifa Port of Abu Dhabi.


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    Planning and Industry Positioning

    The start-up area (Phase l) of the China-UAE Industrial Capacity Cooperation Demonstration Zone is located in Area A (51 square kilometers) of KEZAD, with a total planned area of 2.2 square kilometers  and about 4 kilometers from the port. Phase ll of the zone is located in Area B (360 square kilometers) of KEZAD, covering a total area of 10 square kilometers. The living service area of the zone is in Area B, with a total area of 75,000 square meters, and can accommodate 5,000 people.


    Distinctive industrial characteristics

    The zone welcomes such industries as equipment manufacturing, fine chemical engineering, metal processing, warehousing and logistics, and other high-end manufacturing, facilitating the international development of Chinese enterprises, providing support for the economic diversification of Abu Dhabi, and accelerating the rapid growth of the regional economy.


    Sound infrastructure facilities

    The administrative and service center of the zone was put into operation in 2019, and the construction of roads and pipeline networks, customized workshops (Phase l), the living service area (Phase l), and other supporting facilities have been finished successively to provide fundamental guarantees to admitted enterprises.


    Full-fledged services

    The zone gives full play to the administrative and service experience of Jiangsu province in development zones, building a high-quality coordination and service system. The highly efficient team provides all-dimensional services to admitted enterprises regarding administration, property management, legal and financial issues, and market consultation.


    Eco-friendly Zone

    The zone carries out construction in strict accordance with local environmental protection regulations, puts explicit environmental protection requirements upon admitted enterprises, improves the supporting facilities for environment protection and sanitation, and strives to be an eco-friendly zone.


    Preferential Policies

    Land: resident enterprises are entitled to the local minimum land lease rate.


    Cost: the comprehensive cost of production factors, including water, electricity and labor, is relatively low.


    Tax: enterprises and individuals investing in the zone are exempt from value-added tax, income tax, consumption tax and various taxes in the intermediate links, which means zero tax rates could be truly realized.


    Infrastructure

    Hardware:the administrative and service center of the zone, the construction of roads and pipeline networks, and the living service area have all been completed, with 2.2 square kilometers of infrastructure in the start-up area having basically completed development, to achieve "five connections and one leveling", meeting the needs of production and the life of enterprises.


    Software: a comprehensive, pragmatic and efficient service system shall be established based on Jiangsu’s “One Stop Shop” zone management experience, in order to provide resident enterprises with full service, and help them navigate various formalities by providing with an entire procedure consultation service.


    Supporting Services

    With the strong support of both governments, the zone boasts the most competitive investment cost, the best management services, the strongest financial support and the safest investment environment.


    Boasting the most competitive investment cost, the cost of production and resource factors in the zone are significantly lower than those in China. Enterprises and individuals in the zone are exempt from various taxes and fees, such as value-added tax, income tax, consumption tax and various intermediate taxes.


    Best management services. The zone is adjacent to Khalifa Port Container Terminal 2, which is the most advanced automated port in the Middle East, where cargo enjoys convenient access to every corner of the world. The management service mode learned from Jiangsu makes investors feel like they are in China.


    Strongest financial support. The UAE is the financial center of the Middle East with the free flow of capital. The financial service platform of the zone has established a strategic partnership with multiple financial institutions, providing all-round and highly efficient customized services to admitted enterprises.


    Safest investment environment. Both the Chinese and UAE governments are highly concerned about the development of the zone, and complete coordination and promotion mechanism have been established to handle various issues in an appropriate and efficient manner, guaranteeing production and operation safety of admitted enterprises.


    Contact Information

    Domestic contact: Miu Fei

    Tel:0086-025-84536828      

    Mob:0086 139 2159 2820         

    Fax:0086-025-83231161

    E-mail:miufei@jocic.cn 

           Wechat:中阿联酋产能合作示范园

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