
(UAE Ministry of investments and china`s Jiere Group)
UAE-China Agreement to Establish Integrated Clean Energy Platform
The UAE Ministry of Investment signed a Memorandum of Understanding (MoU) with China's Jiere Group to develop an integrated clean energy and manufacturing platform in the UAE.
This MoU aims to strengthen bilateral economic relations between the UAE and China and solidify the UAE's position as a regional hub for advanced energy technology and manufacturing.
The MoU was signed by Mohammed Abdulrahman Al-Hawy, Undersecretary of the UAE Ministry of Investment, and Li Weibin, CEO of Jiere Group.
Jiere Group's investment plan includes four main components: deploying miniature modular reactors to provide stable, carbon-free primary energy; establishing an anode production plant with a target production capacity of 100,000 tons per year; and lithium battery recycling facilities. The system is designed to operate in an integrated manner, with energy generated from the miniature modular reactors directly feeding the anode plant. The project will be implemented in phases over a period of three to five years.
On the other hand, the anode manufacturing plant contributes to the UAE’s ambition to expand advanced manufacturing and enhance its local industrial capabilities. The clean energy components of the platform also align with the UAE Energy Strategy 2050, which aims to increase the contribution of low-carbon energy sources to the energy mix, while continuing to invest in a secure and diversified energy infrastructure. Furthermore, this integrated platform reinforces the UAE’s leading position in adopting advanced energy applications, enhancing its attractiveness as a destination for large-scale technology investments.
The Ministry of Investment will play a pivotal role in supporting the growth of the Jereh Group in the UAE. This memorandum of understanding reflects the Ministry’s focus on attracting quality investments in high-growth sectors, thereby supporting the UAE’s position as a leading global hub and a key driver of international investments, enhancing energy security, and achieving sustainable development.
On this occasion, Mohammed Abdulrahman Al-Hawai, Undersecretary of the UAE Ministry of Investment, said: “The UAE continues to strengthen its position as a global hub for innovation and industry, and Jereh Group’s commitment to developing an integrated energy and manufacturing platform within the country is a clear testament to this. Over the past 40 years, investment relations between the UAE and China have evolved into a strategic partnership based on the flow of capital between the two countries.
This partnership with Jereh Group builds upon this solid foundation, reflecting the depth of our economic ties with China, the UAE’s fourth-largest source of foreign direct investment and our largest trading partner, with bilateral trade exceeding $100 billion in 2024. The UAE continues to provide an attractive environment for companies seeking international expansion, supported by world-class infrastructure, a sophisticated regulatory environment, and a strategic location connecting global markets.”
For his part, Li Weibin, CEO of the Jereh Group, said: “The signing of this Memorandum of Understanding with the Ministry of Investment marks a pivotal moment in Jereh’s international expansion. The UAE is a strategic market for our growth, given its status as a leading economic power and a global hub for innovation, trade, and investment.
This partnership allows us to align our operations with the UAE’s ambitious vision, leverage its dynamic investment ecosystem, and showcase our capabilities in clean energy, advanced manufacturing, and digital infrastructure. This collaboration will accelerate industrial growth plans, enhance our contribution to the UAE’s sustainable economic development, and set new standards for integrated energy and industrial platforms in the region.”
By the end of July 2025, the number of Chinese business licenses operating in the UAE market had reached approximately 16,500, representing a year-on-year increase of over 18 percent. These licenses cover a wide range of economic and investment activities in the country.
No comments:
Post a Comment