UAE: Marsh launches China desk in Dubai
Source: Middle East Insurance Review | Feb 2019
Marsh has established a China desk in Dubai as part of its strategy to tap growing business relations between China, the Middle East and Africa, said media reports.
The China desk aims at capitalising on increasing Chinese investment in the Middle East and Africa – driven by the country’s Belt and Road Initiative (BRI), a multibillion-dollar infrastructure programme connecting two thirds of the globe.
Marsh has secured deals related to infrastructure projects since setting up the desk in the summer. “There is exponential growth [opportunities], but it’s starting from a low base. We have already some traction. We have found a few projects in Africa, but it’s not restricted to Africa. There’s also Chinese investment in the Middle East. Our main focus is China and Chinese contractors and principals,” said Mr Christos Adamantiadis, Marsh’s Middle East and Africa chief executive. M