Abu Dhabi Investment Office (ADIO) Engages in Friendly Investment Cooperation Talks with Suzhou Mengfei Filtration 

Author: Jules Hsu 22, November, 2024, category:News

Mengfei Filtration’s promotional video on 2024 Chinese Industrial Products Exhibition at China-UAE Industrial Capacity Cooperation Demonstration Zone

On November 18-19, local UAE time, 2024 Chinese Industrial Products Exhibition (CIPE 2024) has been successfully held with multiple roundtable meetings and forums at China-UAE Industrial Capacity Cooperation Demonstration Zone (JOCIC Park). Representatives from the business and academic communities of China and the UAE gathered to discuss the overall business environment and the latest investment opportunities in the UAE.

After the opening ceremony, H. E. Rashed Abdulkarim Al Blooshi, Director General of the Abu Dhabi Department of Economic Development, visited the Suzhou Mengfei Filtration’s booth, where CEO Wu Lvxing introduced the company and its filtration products. H. E. Rashed Abdulkarim Al Blooshi highly praised the scale of Mengfei’s exhibition and the thoughtful gesture of being the only booth with Arabic posters. He expressed his anticipation for Mengfei Filtration, as an outstanding enterprise representative from Suzhou, Jiangsu, to deepen and solidify its economic and trade cooperation in the UAE.

Al Blooshi had a cordial handshake and in-depth conversation with Suzhou Mengfei’s CEO, Wu Lvxing, to gain a detailed understanding of the company’s filtration products and technology. He recognized Mengfei’s advanced achievements in the field of industrial filtration technology and expressed his expectations for more outstanding Chinese enterprises to enter the UAE market, encouraging participating companies to achieve localized production in the UAE to further promote bilateral cooperation and development.

The Green Energy and Innovation Technology Forum invited Thiago, General Manager of North Star Strategies, Wu Lvxing, CEO and founder of Suzhou Mengfei Filtration Technology, and Guido, Co-founder and CEO of Prote-IN. The guests conducted in-depth discussions on green energy, sustainable development, emerging technologies, and food safety, sharing insights on the development status, employment trends, and relevant recommendations of the UAE’s new energy technology industry. The forum’s guests shared information on the UAE’s economy, policies, industries, technology, and talent landscape, providing a thorough analysis of the UAE’s business environment and potential opportunities. They unanimously agreed that the UAE is suitable for enterprises of all types, industries, and sizes to develop, being an investment hotspot with a safe environment, friendly policies, active markets, and comprehensive support facilities, making it the preferred destination for enterprises expanding to the Middle East.

Lastly, Ali Mubarak Al Hammami, leader of Abu Dhabi’s industrial sector, proactively visited the Mengfei Filtration booth, highly praising the company’s scale and achievements. He proposed that the Abu Dhabi Industrial Investment Department is willing to actively assist Suzhou Mengfei Filtration in establishing a presence in the UAE, and to collaborate with UAE investment funds and banks to develop the oil, gas, and seawater filtration market in the Middle East and its surrounding economic zones. He also expressed an optimistic attitude towards the future prospects of the filtration market and looked forward to deepening cooperation between the two parties.

He stated that China-Arab cooperation is entering a new stage of accelerated development, with broad prospects for economic and trade cooperation between the two countries. The technological advantages of Suzhou Mengfei Filtration in the petrochemical, natural gas, and seawater desalination fields can bring new vitality to the economic development of the UAE.