Ajman Free Zone announces $1.6m fund to support China Mall
The support will cover the rent for a period of three months to help overcome the COVID-19 economic fallout
The Ajman Free Zone (AFZ) has invested $1.6m (AED6m) to support the Gulf Chinese Trading Corporation, which runs the China Mall Ajman.
The financial support will cover the value of the rent for a period of up to three months, in a move that reflects the vision of the free trade zone to help investors and businesses to maintain the continuity of their business in a smooth manner.
This AFZ’s decision is in line with the social responsibility of the Ajman Free Zone towards investors, traders, and the UAE economy, to support business partners in light of the economic fallout of the coronavirus outbreak (COVID-19).