Abu Dhabi Ports and Jiangsu Overseas Cooperation Investment Co. Ltd (JOCIC) have signed a five-year agreement with Industrial and Commercial Bank of China (ICBC) to simplify business at the Khalifa Industrial Zone (KIZAD) for Chinese companies.
The agreement will see ICBC – through its branches in Abu Dhabi and Jiangsu – provide services for firms being incorporated at KIZD by becoming a preferred banking partner for Abu Dhabi Ports and JOCIC.
The bank will also help potential investors understand the banking sector in the UAE and have a dedicated liaison team for clients of Abu Dhabi Ports, offering them priority treatment.
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