China–UAE News
RAKEZ and AJT Sign $50 Million Industrial Expansion Agreement in Fuzhou
Ras Al Khaimah Economic Zone (RAKEZ) and AJT Holding International Limited have signed a memorandum of understanding in Fuzhou, China. Under the agreement, AJT Holding will invest an additional $50 million to expand its manufacturing and logistics facilities in Ras Al Khaimah. The expansion will be executed through AJT Printing and Packaging FZ-LLC, a joint venture between China's Jihong and BMJ Industries.
