Link August 2017 AUGUST 2017 | Page 23

Port & Freezone per cent of Halal foods is being imported from non- Islamic countries. Abu Dhabi Ports signs Musataha agreement bringing investments of AED 1.1 billion into Khalifa Port Free Trade Zone (KPFTZ) An investment cooperation agreement with Jiangsu Province was signed on Monday to strengthen economic ties and build investment projects through joint opportunities for both the UAE and Chinese economies. The cooperation agreement was signed by H.E. Dr. Sultan Ahmed Al Jaber, Minister of State and Chairman of Abu Dhabi Ports and Madame Huang Lixin, Executive Vice Governor of Jiangsu Provincial People’s Government, in addition to officials from both sides. In line with this strategic agreement, the ceremony also saw the establishment of a 50-year Musataha Agreement, signed by Abu Dhabi Ports with the Jiangsu Provincial Overseas Cooperation and Investment Company Limited (JOCIC), in Khalifa Port August 2017 23