In a significant meeting focused on enhancing business ties between the UAE and China, Shaji Ul Mulk, a prominent UAE businessman and a driving force behind Zimbabwe’s Cyber City project, played a crucial role in facilitating a major Memorandum of Understanding (MoU) between the Ajman government and China National Electric Engineering Co., Ltd. (CNEEC), a subsidiary of the state-owned Sinomach group from China.
Held at the Emiri Diwan in Ajman, the meeting featured discussions between His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, and Zhang Xiaolun, Chairman of Sinomach. The talks centered on key infrastructure and manufacturing investments estimated at around 5 billion dirhams.
The MoU is designed to enhance Ajman’s economic outlook by attracting global investors and modernizing its infrastructure.
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Mulk, acting as a strategic local partner for CNEEC, was instrumental in securing the agreement and navigating the complexities of international business. His involvement was viewed as key to fostering partnerships that are expected to drive economic growth in the UAE and beyond.
“This agreement is an important step toward building global partnerships that promote sustainable economic growth,” Mulk remarked. “It’s about fostering innovation and progress, not just in Ajman but also in emerging markets like Zimbabwe.”
Mulk’s role in Ajman reflects his leadership in Zimbabwe, where he is spearheading the transformative Zimbabwe Cyber City project. This multi-billion-dollar initiative aims to overhaul Zimbabwe’s digital infrastructure and position the country as a leading technology and innovation hub in Africa.
Both Sheikh Ammar and Zhang Xiaolun expressed optimism about further collaborations, highlighting Ajman’s strategic location, modern infrastructure, and pro-business policies as key factors attracting international companies.
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