News:Asia

DP World, Hong Kong leaders hold talks

Ties between the UAE and Hong Kong are set to grow after discussions between DP World and top government leaders this week.

Among a range of topics discussed at the meeting, which came in the wake of the recent establishment of reciprocal trade offices, was collaboration on ports, logistics and customs.

A Dubai Export Office was recently opened in Hong and the Hong Kong Economic and Trade Office plans to open an office in Dubai to attract capital investment.

DP World Group chairman and ceo Sultan Ahmed Bin Sulayem met with Hong Kong chief executive Carrie Lam at a meeting also attended by the UAE Consul General to Hong Kong Nabila Abdelaziz Nasir Saeed Alshamsi, Hong Kong Secretary for Transport and Housing Frank Chan, and other senior officials.

The development of financial services and cruise terminal facilities, customs collaboration and the Belt and Road initiative were also discussed.

“Hong Kong and Dubai are at the crossroads of world trade and we share common history as capitals of commerce, where well-developed logistics infrastructure has enabled growth of our economies," said the DP World Group chairman.

He noted that DP World plays a significant role in trade between the two cities through its operations in Jebel Ali Port and Hong Kong and added that it is also interested in exploring the city’s cruise terminal business.

“Asia will continue to play a major role in our global network across 40 countries and we look forward to working with Dubai Exports to grow trade there for the long term. We are partners in this journey, we are on the same ‘Belt and Road’,” he concluded.

Posted 13 September 2017

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Vincent Wee

Hong Kong and SE Asia Correspondent, Seatrade Maritime News