Tenerife leaders in China for investment talks

Tenerife leaders in China for investment talks

Tenerife has been selling itself as a significant investment opportunity for some serious Chinese money in talks held in China over the last few days. The President of the Tenerife Cabildo, Ricardo Melchior, headed a delegation to Beijing which met leaders of the China International Capital Corporation (CICC), one of the country”s most important foreign investment banks. Sr Melchior presented Tenerife as a pivotal logistical platform between America, Europe and Africa, and expressed himself very satisfied with the outcome of the talks, not least because the delegation has been able to arrange a Chinese investment visit to take place within the next few months. This forms part of what has been heralded as a much needed diversification of the Canarian economy, and could mean some heavy investment if future meetings are as successful as this one.  El Dia

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