Dubai- Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has said that the annual Dubai Investment Forum has proven successful in presenting a model for the future of strategic sustainable investment, bringing together government departments and institutions that provide strategic growth opportunities and partnerships to investors and those looking for secure and profitable investments.
Referring to the Dubai Investment Forum 2016, which is to be held under his Sheikh Hamdan’s patronage this October, by Dubai Investment Development Agency, Sheikh Hamdan pointed out that steady FDI inflows prove both the diversity and promptness of Dubai’s economy as well as its ability to keep up with regional and global development. The growth across various sectors and continued efforts to augment competitiveness will reinforce the vital role the emirate plays as a global economic hub.
“Dubai Government seeks to strengthen the partnership between the public and private sectors in all fields, in order to further enhance foreign direct investment, FDI,” Sheikh Hamdan said, adding that “robust FDI flows clearly reflect the level of investor confidence in the vision and strategy of the government.”
The Crown Prince said that Dubai Plan 2021 aims to bolster Dubai’s standpoint as a preferred global destination for FDI. The Dubai Investment Development Agency, an agency of the Department of Economic Development, DED, focuses on establishing solid foundations for the sustainability of foreign investment, as a strategic partner to success, growth and expansion of businesses in Dubai as well as across regional and global markets.
Sheikh Hamdan bin Mohammed urged for strengthening constructive dialogue between the public and private sector, greater focus on developing investment in knowledge-based, high value-added economic sectors as well as improved efforts to create a favorable business environment for a new phase of economic growth in Dubai.
“Our leadership pays special attention to the promotion of investment in the UAE and attracting regional and international companies to improve the foreign investment base. The Dubai Plan 2021 has set a roadmap for Dubai’s prosperous future with new opportunities for investment in the infrastructure, services, and knowledge sectors,” he added.
The second Dubai Investment Forum will witness a constructive discussion among leaders in the government and private sector on the economic direction and business environment in Dubai.
The Dubai Investment Forum 2016 will have four sessions, starting with the macro-economic picture in Dubai and progressing through the advantages of investing in Dubai, the GCC perspective and the avenues available in the emirate for smart investments in innovation.