Emaar signed a memorandum of understanding (MoU) with Beijing New Aerotropolis Holdings (BNA) on July 23, 2019 to jointly develop Business and Tourism Complex, integrating retail, entertainment, office, hotel hospitality, convention, sport, art and lifestyle functions in a one-stop solution. The Aero-Economic Area of Beijing Daxing International Airport.
Emaar and BNA will work closely to develop diversified collaboration and actively accelerate the share of resources, in order to boost the vigorous establishment of the important Aero-Economic Area. This collaboration signals that Emaar is very seriously eyeing entering into the mega development of China and leveraging its long experience in building key projects and attractions. This MoU also opens up a new spectrum of opportunity to bring Emaar’s iconic project and premium lifestyle to China.