Caixin
Feb 16, 2024 08:08 PM
CHINA

Green Energy, Digital Infrastructure Are Hot Tickets for Chinese Firms Targeting Middle East

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The Al Dhafra PV2 solar power plant project in the UAE is now in full operation. Photo: Xinhua
The Al Dhafra PV2 solar power plant project in the UAE is now in full operation. Photo: Xinhua

A veteran investor and co-founder of a global asset allocation firm said Chinese companies eyeing the Middle East should focus on digital infrastructure and green energy, as more firms look to the region for growth opportunities as China struggles through a weak economic recovery and persistent tensions with the West.

Opportunities are opening up, as the accelerated green and digital transitions in many Middle Eastern nations has fueled an array of infrastructure projects and put Chinese in high demand across a wide range of industries, Vanessa Xu, also executive chair and chief investment officer of VS Partners, said in an interview with Caixin.

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