Masdar City opens office in China to foster collaboration

Abu Dhabi’s Masdar City Free Zone has opened a representative office in China in an effort to attract investment.

The office, located in Suzhou Industrial Park (SIP) in eastern China, is expected to create new opportunities for UAE-China collaboration and aid in accelerating technology transfer, Masdar City Free Zone said in a statement.

Masdar City hosts over 2,000 companies from 90 countries, with a focus on clean technology and innovation across high-impact sectors including artificial intelligence, life sciences, smart mobility, agritech and space technology.

During a roadshow in China, the company signed an agreement with SIP jointly to promote investment, trade and innovation in technology, renewable energy and sustainable development. 

Another agreement was finalised with Suzhou Yingdi Consultants, which will manage Masdar City’s new representative office and facilitate setup for Chinese companies in Abu Dhabi.  

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Masdar City and Beijing Zhongguancun Science City Innovation Development Company will jointly launch tailored packages for Chinese startups and help streamline the establishment of businesses in the Gulf nation.  

In March, economy minister Abdullah bin Touq Al Marri said nearly 15,500 Chinese companies operated in the UAE. 

Trade between the two countries is expected to hit $200 billion by 2030, according to information available on the website of the UAE’s foreign ministry.