Published On: Thu, Jun 14th, 2018

Chinese Government-Owned Construction Company Lands Lucrative Contract With Trump’s Dubai Enterprise

trump china money dubai

President Donald Trump has been under fire in recent weeks, after deciding to ease sanctions on the Chinese telecommunications company ZTE, nullifying the Commerce Department’s seven-year ban on American firms doing business with the firm, according to Politico.

While the President was facing bipartisan pushback from Congress – which remains critical of Trump’s decision, citing national security concerns – his business partner signed a large contract with a major Chinese construction company, China State Construction Engineering Corp. (CSEC).

A contract worth $ 19.6 million was signed between CSEC and Trump’s partner, DAMAC Properties. This was confirmed in a press release published on DAMAC‘s official website, which states that CSEC will be in charge of road and infrastructure work at a residential area of the Trump World Golf Club Dubai project, called Akoya Oxygen. This includes three clusters of buildings, consisting of 1,623 villas.

Click here to continue and read more…


The Inquisitr

About the Author

-

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Chinese Government-Owned Construction Company Lands Lucrative Contract With Trump’s Dubai Enterprise