PROJECTS WORTH $2.6 BLN INKED AT CHINA-ARAB STATES FORUM

Published:2017-09-06

 

Projects with total investment of 17 billion yuan (2.6 billion U.S. dollars) were signed at a forum on industrial capacity cooperation between China and Arab States.


The 22 projects, covering the infrastructure, mining, energy and chemical, textile, food, agriculture, Internet and tourism sectors, were inked during the capacity cooperation forum, which was held for the first time during the ongoing China-Arab States Expo in Yinchuan City, capital of northwest China's Ningxia Hui Autonomous Region.


According to a report issued at the forum, China's direct investment in Arab countries grew to more than 2.2 billion U.S. dollars in 2015 from 788 million U.S. dollars in 2010.

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