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New opportunities for Khalifa Industrial Park in Abu Dhabi
Seetao 2022-07-18 16:32
  • Khalifa Industrial Park is an important platform carrier for China and Afghanistan to jointly build the Belt and Road cooperation
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The Khalifa Industrial Park in Abu Dhabi has become the cornerstone of the Abu Dhabi 2030 Economic Vision since its establishment, a huge driving force for the country to achieve diversification and sustainable economic development rather than relying solely on the oil and gas industry. . Kizad's strategy is to attract world-class companies and establish international free trade and investment zones across the industrial zone with best practices in international industry.

Such a project with complete functions and a world-class industrial park has once again ushered in new development opportunities when it encounters China's Belt and Road strategy. President Xi Jinping and Abu Dhabi Crown Prince Mohammed of the United Arab Emirates reached an important consensus on bilateral cooperation between China and the UAE. . China and Arab states have signed a series of cooperation agreements, among which the construction of China-Arab production capacity cooperation, especially the construction of production capacity cooperation demonstration parks, is a major cooperation project between the two countries, led by the National Development and Reform Commission. The construction of the China-Arab production capacity cooperation demonstration park is a major cooperation project to implement the important consensus reached by the leaders of the two countries and to serve and participate in the Belt and Road Initiative. Adhere to the government's promotion, enterprise-led, market-oriented operation, create a superior comprehensive investment environment through the inter-governmental exchange and cooperation mechanism, build a good platform for Chinese enterprises to go out together, and promote the healthy and orderly development of Chinese enterprises' foreign investment and cooperation.

The Sino-Arab Industrial Capacity Cooperation Demonstration Park is a district park of the Khalifa Industrial Zone in Abu Dhabi (KIZAD), adjacent to Abu Dhabi Khalifa Port, about 60 kilometers and 100 kilometers away from Abu Dhabi and Dubai, respectively. Provide enterprises with superior market connections by sea, land (road and future railway), and air. KIZAD plans to construct two major areas, of which Area A is 52 square kilometers and Area B is 370 square kilometers. The Sino-Arab Industrial Capacity Cooperation Demonstration Park has set up a 2.2 square kilometer start-up area in Area A, and reserved 10 square kilometers in Area B as long-term construction land. At present, China International Engineering Consulting Company has been entrusted to start the overall planning and design of the demonstration park. Khalifa Industrial Zone can provide Chinese investors with a variety of cooperation options. One is to set up offices nearby to study and track the market, the other is to build logistics and warehousing facilities for service buyers, and the third is to lease industrial land for industrial investment.

The Sino-Arab production capacity cooperation demonstration park project in the Khalifa Industrial Zone of Abu Dhabi Port has entered the late stage of construction. As a hub of global shipping trade, a major city of world energy supply, and the “Desert Rose” UAE, which is located on the shore of the Gulf, the United Arab Emirates is experiencing rapid development. Economic Transformation. In the process of jointly building the Belt and Road Initiative, while promoting high-quality production capacity to go out, China closely follows the diversified needs of the UAE's economy, and at the same time does not forget the "must-answer" of people's livelihood, which has won wide acclaim from the UAE side. The "desert rose" watered with sweat and hard work by Chinese builders is bearing fruitful results from China-Arab pragmatic cooperation.

Promoting energy security and structural diversification

Dubai Hasyan Clean Coal Power Station is the first clean coal-fired power station under construction in the Middle East. Chinese-funded enterprises participate in the investment, construction and operation, and have a strong demonstration effect and radiation effect. The project terminal construction area is the last undeveloped area on the Dubai coastline, which is located in the local nature reserve. Transplanted and cultivated 28,000 coral strains in the construction area, transferred all fish in the lagoon to the sea, and monitored and protected the sea turtles during the breeding period. Environmental protection obligations are unanimously praised by the local government and environmental protection departments. While developing the economy, we must pay attention to ecological protection and environmental governance. This is China's own experience!

China National Petroleum Corporation supports and participates in the UAE's "Western Development Plan", actively explores the possibility of applying Chinese solar technology in the western part of the UAE, and helps the local achieve sustainable resource development. In the process of cooperating with the UAE National Oil Company on land and sea projects, PetroChina, with the aim of maximizing the profits of both shareholders, has implemented the continuous optimization of development plans, reduced costs and increased efficiency through the "oil price pushback mechanism", so as to realize the sharing of crude oil processing facilities and reduce investment costs. 50%, speed up the pace of first oil production construction; carry out the reconsideration of drilling rig contracts, and the daily cost of drilling rigs has been reduced by more than 30%; optimize the number of drilling operation days, and the average production wells are reduced by more than 15% compared with the design budget of the plan; optimize the development plan, and finally implement the total number of wells in the plan Compared with the initial development plan, the number of wells decreased by 48, and the drilling cost was reduced by about 50%.

Kendi, Upstream President of Emirates National Oil Company, expressed his gratitude to PetroChina for its contribution to the local area, and said that the UAE and China should not only strengthen technical cooperation, but also strengthen cultural cooperation and exchanges. Many Chinese employees of CNPC International Abu Dhabi Project Company are doctors and masters from well-known universities. When asked why they are willing to take root in the UAE, Guo Yueliang, general manager of the company, said that because our personal development and project development are linked together, Personal destiny and national destiny are linked together, each of us represents the national image, building a brand is our mission, a project is a brand, and we are also a brand!

Chinese companies may welcome opportunities to "fill in the blanks"

Edwin, Vice President of Khalifa Industrial Park in the United Arab Emirates, said that a large part of the UAE's economy currently relies on oil and gas resources. The country established the Khalifa Industrial Park with the original intention of promoting economic diversification and the industrialization of Abu Dhabi and the entire UAE. Khalifa Industrial Park aims to contribute more than 15% of GDP to Abu Dhabi's non-oil economy by 2030. At present, Khalifa Industrial Park has attracted high polymer, upstream and downstream industries of automobile industry, raw materials and other industries, and is still further expanding the industry. In fact, some Chinese companies have also seen the opportunity of industrialization in the UAE and invested in the Khalifa Industrial Park. Part of the investment also fills the gap in the local market.

Zhongjiang International Group Co., Ltd. took the lead, and four development zones including Suzhou Industrial Park jointly established Jiangsu Overseas Cooperation and Investment Co., Ltd., which is responsible for the investment, development and operation management of the park. Hao Sihuan, deputy general manager of Jiangsu Overseas Cooperation and Investment Co., Ltd., said that progress has been made in attracting investment in the park. The 2.2-square-kilometer start-up area has attracted 16 companies to sign framework agreements, with a total investment of about US$1 billion. The current projects that have settled in include building materials. In the future, it will attract high-quality production capacity such as photovoltaic industry to export to the local area, and it is expected to bring more than 2,500 employment opportunities.

Innovative financial services are a highlight of the park. The park has started the construction of the "China-Arab Industrial Capacity Cooperation Demonstration Park Financial Service Platform", which is expected to obtain a local full financial license to support Chinese-funded enterprises in local financing, explore the win-win development of "park service + enterprise growth + financial support", and effectively solve the problem of small and medium-sized enterprises. The problem of overseas financing is to revitalize the overseas assets of the enterprise. Hao Sihuan said that the local financing volume is large, the financing cost is low, and the financial demand is strong. Establishing a financial platform for production capacity cooperation, expanding diversified investment and financing channels around the construction of industrial parks, promoting the three-in-one development of park services, enterprise growth, and financial support, and realizing the free flow of factors, efficient allocation of resources, and deep market integration, is the depth of the Belt and Road Initiative between China and Arab countries. The meaning of development.

During the Jiangsu Week series activities of the Dubai World Expo, the online promotion meeting of the China-Arab Industrial Capacity Cooperation Demonstration Park was successfully held. In his speech, UAE Ambassador to China Ali al-Zahiri pointed out that since the establishment of diplomatic relations between China and the UAE, the economic and trade relations between the two sides have become increasingly close. Zhang Jianhua, deputy director of the Foreign Investment Department of the National Development and Reform Commission, said that high-quality joint construction of the Belt and Road is a realistic need to promote strong and inclusive growth of the world economy. As an important platform carrier for the cooperation between China and Afghanistan in the joint construction of the Belt and Road, the demonstration park should play a role as a bridge and link, promote the industrial innovation cooperation between the two countries, make use of China's experience in the construction of industrial parks, and explore new models of overseas parks. Since the official start of the infrastructure construction of the demonstration park, all the employees of Jiangsu Haitou have forged ahead with the courage of breaking the ground, constantly accelerating the pace of development, and turning a wasteland into a hot spot for investment.

The demonstration park has formed a road pattern of "five verticals and five horizontals". It has built nearly 80,000 square meters of self-built buildings and 8.5 kilometers of infrastructure such as roads and pipe networks. The demonstration park management service center and exhibition center have been put into use, and the roads in the park have been put into trial use. Among them, the living service area will accommodate 5,000 people and provide comprehensive living services after the completion of the living service area.

High-end planning leads high-end development. Based on local resource endowments and market factors, the demonstration park focuses on the development of high-end equipment, new energy, metal processing, warehousing and logistics, fine chemicals and other industries. Investment. Today, the Demonstration Park has contacted more than 800 interested companies, has in-depth docking with 60 of them, signed investment framework agreements with more than 20 companies, signed land lease agreements with 7 companies, and signed plant lease agreements with 5 companies. . Under the condition that the infrastructure construction of the demonstration park has not been completed, about 30% of the land can be leased to complete the contract. The land development area reaches 1,300 mu. The supply of factory leasing business is in short supply. The first batch of enterprises entering the park have already started construction. It has gathered all kinds of top resources from all over the world.

Zheng Yimin, chairman of Jiangsu Overseas Cooperation and Investment Co., Ltd., said that at present, bilateral relations between China and the United Arab Emirates are at their best in history. The cooperation between the two countries is all-round cooperation. The United Arab Emirates is also one of the first countries to respond to the Belt and Road Initiative, especially in In the field of economy and trade, the UAE is China's largest export market in Arab countries. More than 60% of China's trade volume in the Middle East is transited in the UAE. The trade volume between China and Arab countries has reached nearly 50 billion US dollars.

There are many countries to choose from when going out. When talking about why he chose to invest and build parks in the UAE, Zheng Yimin said that the UAE has an advantageous geographical location and is located at the intersection of three continents: Europe, Africa and Asia. China and the UAE are highly complementary and highly correlated in terms of resource endowment, economic structure, and industrial system: the UAE has rich oil and natural gas resources, which can provide enterprises with stable and preferential production factors. At the same time, the UAE is vigorously developing non-oil economy, and promote economic transformation and industrial upgrading, which provides rich development opportunities for Chinese enterprises to enter.

The experience of China's industrial parks can be used for reference

With the continuous presence of many Chinese enterprises in Khalifa Industrial Park, Khalifa Industrial Park's understanding of China is also deepening. Edwin said that Khalifa Industrial Park is now attracting Chinese companies from all walks of life, which is of course the result of the Belt and Road Initiative. "After some Chinese companies have achieved success at home, we expect them to replicate their experience and achieve the same development in the UAE." Compared with European and American companies, Chinese companies going overseas also have their own characteristics. Edwin introduced that the common feature of Chinese companies going overseas is pragmatism. In the initial stage of building a factory, they will examine very carefully, for example, carefully understand the price of each public service, a series of specific steps to set up a company, and the company's profit point. "This is also something we appreciate very much. On the one hand, the industrial park can better meet everyone's needs, and on the other hand, it can better promote our improvement."

In recent years, the rapid development of many Chinese industrial parks has also attracted widespread attention in the industry. Edwin said that China and the UAE have a lot in common. The UAE is actually a young country, only fifty years after its founding. Khalifa Industrial Park can learn a lot from China's development history. The first is that there are many successful industrial parks in China. In fact, what we want to know is how these industrial parks have achieved great success in a relatively short period of time.

The China-UAE Capacity Cooperation Demonstration Park will combine the real needs of the UAE's industrial development in the post-epidemic era, follow international practices and the principle of sustainable development, focus on promoting cooperation in areas of concern to both sides, and serve more Chinese enterprises to go global. Efforts will be made to build the demonstration park into a model project for the joint construction of the Belt and Road between the two countries, and contribute to the promotion of a new development pattern in which domestic circulation and international circulation promote each other.Editor/XingWentao

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