Dubai FDI bids to draw investors from Italy, Japan

Dubai - Dubai FDI is an agency of the Department of Economic Development (DED) in Dubai.

A delegation from the Dubai Investment Development Agency, or Dubai FDI, recently visited Italy and Japan to address investors and government officials and familiarise them with high-growth sectors and economic opportunities in Dubai.
Dubai FDI is an agency of the Department of Economic Development (DED) in Dubai.
"The emphasis on innovation and knowledge in Dubai's new economic strategy and the impending Expo 2020 present vast opportunities for investors worldwide, especially those with considerable expertise in developing cutting-edge technologies, services and infrastructure," said Fahad Al Gergawi, CEO of Dubai FDI.
"For Dubai FDI, 2015 has been a hectic year as we stepped up our investor outreach with focus on strategic markets, industries and investors. Our missions to Italy and Japan have helped us break new channels for engagement and welcoming investors from critical industries to Dubai," added Al Gergawi.
In Japan, the Dubai FDI delegation had two meetings in Tokyo and Osaka. The meetings in Osaka were meant to explore coordination and investment facilitation while in Tokyo, the delegation held meetings with leading Japanese businesses.
A memorandum of understanding has been signed between Dubai FDI and Nomura Research Institute. "A delegation from the UAE Ministry of Economy had toured Japan earlier this year and we sought on to build on the momentum created by such high-level engagement," said Ibrahim Ahli, director of investment promotion department at Dubai FDI.
"We held discussions with the Japan Bank for International Cooperation in Osaka on working together to connect their clients to Dubai. In Tokyo, we exchanged ideas with the Japan External Trade Organisation [Jetro] on how Japanese businesses can better serve markets in the Middle East and adjoining regions through Dubai," Ahli added.
In Italy, the Dubai FDI team met with representatives of 30 companies from the healthcare, fashion, construction, information & communication technology (ICT), heavy engineering and electronics industries across four cities - Rome, Ancona, Florence and Brescia.
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