Mensha Ventures, with an unwavering commitment to advancing the global transition towards clean energy, has signed a Memorandum of Understanding with strategic partners from China to bolster UAE’s capabilities in sustainability and infrastructure.
During the Annual Investment Meeting held in Abu Dhabi, an MoU was signed among the Asia Development & Investment Bank, Hoover Investment Group, and Shenzhen Sinomaster Investment Group (SMT). This partnership has committed to a collaborative investment of $1 billion in green energy and infrastructure projects in the UAE.
The signing was witnessed by several high-ranking officials, including Annual Investors Meeting President Dawood Al Shezawi and His Excellency Thani Al Zeyoudi, Minister of State for Foreign Trade of the UAE.
Carbon footprint reduction
The primary goal of this collaboration is to bolster the UAE's sustainable capabilities and capacity by developing green energy infrastructure projects. All the par...