Dubai South, Beijing New Aerotropolis sign agreement

Dubai South, Beijing New Aerotropolis sign agreement

Dubai South, the largest single-urban master development, has signed an agreement with Beijing New Aerotropolis Holdings Co, China, to set up a comprehensive framework for cooperation.

The two entities plan to encourage mutual growth in areas like economic development, urban land-planning, job creation, training and sustainability.

The agreement was signed by Zhigang Liu, Chairman of Beijing New Aerotropolis, and Mohsen Ahmad, CEO of the Logistics District, Dubai South, in the presence of Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, and Wang Youguo, Secretary of Beijing Daxing District Committee of the Communist Party of China.

Private sector cooperation

The agreement goes beyond mere economic ties, encompassing the exchange of knowledge, information, and socio-economic statistics related to their respective airport areas in full compliance with all prevailing laws, regulations, and local directives. The strategic alliance underscores a commitment to joint efforts that stimulate cooperation between private enterprises across both countries, ultimately bolstering economic synergy between the two airport zones and jointly pioneering new international trade standards adapted to the evolving digital landscape.

Ahmad said: "This presents a unique opportunity to accelerate our respective economic progression through diverse initiatives. These agreements are aligned with our mandate at Dubai South to contribute to