Business · Companies · 5 hrs ago

Sanya seeks stronger investment ties with Maldives and UAE

Sanya seeks stronger investment ties with Maldives and UAE

A Sanya government delegation visited the Maldives and UAE last week to build investment ties.

Sanya is a resort city in China’s Hainan province, and the talks covered tourism, maritime industries, finance and cultural links.

In the Maldives, talks covered yachts, marine tourism and fisheries, including a proposed fisheries and maritime logistics hub on Seenu Atoll, also known as Addu Atoll.

The sides signed trade and economic cooperation agreements, including a framework deal with a company on marine aquaculture.

In Abu Dhabi and Dubai, the delegation met investment firms and discussed areas including duty-free retail, cruises, tourism and cross-border financial services.

The partnerships are expected to support Hainan’s Free Trade Port, and Sanya invited Maldivian companies to attend a consumer goods expo in Hainan in the spring.

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