Dubai Investment Forum opens doors to higher private sector particip

13/10/2015 05:56 AST

Shaikh Maktoum Bin Mohammad Bin Rashid Al Maktoum, deputy ruler of Dubai, on Monday attended the opening of the inaugural Dubai Investment Forum hosted by Dubai Investment Development Agency.

The Forum aims to provide investors with insights on existing as well as new and emerging investment opportunities across key growth sectors in Dubai. Shaikh Maktoum commended the importance of communication between investors and government institutions, and lauded the efforts of Dubai FDI in attracting international companies to the emirate of Dubai. He said such meetings support Dubai government’s efforts to promote the business sector, drive investment and economic development opportunities and further underline Dubai’s position as a global trade and investment hub, and a vital player in the development of the global economy.

Fahad Al Gergawi, Chief Executive Officer of Dubai FDI, said the investment environment in Dubai is attractive for private sector from the UAE and around the world to participate in various government led-projects across various sectors of the economy.

Key government departments and government related entities presented their investment plans for the next five years that have opportunities for private sector to participate.

Senior government officials, global business leaders and industry experts, decision-makers from regional and global financial institutions and banks as well as investment consultants and fund managers were present in the inaugural session of the event.

“Involving private sector in various strategic investment plans ranging across infrastructure development, health care, power generation and developing civic amenities is the key objective of this conference. The scope for private sector participation is huge,” said Sami Al Qamzi, Director General of Department of Economic Development, Government of Dubai.

Gulfnews