iPhone | iPad
Android
Huawei
More vertiports will be set up in strategic locations across Abu Dhabi, including major business hubs and tourism destinations
KT APPDOWNLOAD
UAE launches Investment Map for global investors
DUBAI — Eng. Mohammed Ahmed Bin Abdul Aziz Al Shehhi, Undersecretary of the UAE Ministry of Economy on Monday announced the launch of UAE Investment Map to promote the sustainable and balanced development of the country.
At a special ceremony in Dubai in the presence of the Ministry’s strategic partners from both public and private sectors, Al Shehhi made the announcement and said the initiative will promote the sustainable and balanced development of the UAE, and contribute to the GDP growth by stimulating the investment environment and attracting investment and technology that drive the knowledge economy in addition to reducing the dependence on oil by diversifying revenue streams.
Al Shehhi said the UAE Investment Map comes in line with the strategic directions of the Ministry for 2011-2013 to enhance the investment environment and the competitiveness of the national economy by targeting international markets and attracting large investment projects to the UAE.
He said the initiative will serve as an indicator to guide global investors and introduce them to the various investment opportunities across all sectors of the UAE economy through a systematic and scientific approach.
The initiative is also part of the UAE Vision 2021 to drive the development of a knowledge-based economy. To achieve the Vision, the Federal Government Strategy 2011 - 2013 has set strategic directions, including the participation of UAE nationals and developing their capabilities; increasing efficiency, flexibility and productivity in the labor market; supporting small and medium enterprises; developing and promoting entrepreneurship; strengthening the regulatory framework of key sectors; encouraging and supporting existing and new sectors; promoting export development and promotion of the country’s position in international trade; and encouraging innovation and R&D.
Al Shehhi said the UAE Investment Map will provide an overview of the investment opportunities in each Emirate in health, agriculture, real estate, alternative energy, SMEs, services, industry, education, and finance, among others sectors. In the first phase, the initiative aims to target markets such as Argentina, Brazil, Turkey, Germany, India, China and South Korea.
The areas that fall within the investment map also include: aluminum industry, automotive, aviation, information technology, telecommunications, financial services, electronics, engineering and industrial technology, healthcare, petrochemical industry, education and knowledge industry, and the pharmaceutical industry.
“In November, the UAE Investment Map will be officially launched during the UAE’s Investment Map conference, alongside a specialised exhibition to introduce government services to key international investors,” he concluded.
More news from
Kerala will decide the fate of 194 candidates as polling on all 20 parliamentary constituencies will be held in the second phase
Pecker is a key witness in the case against the former US president, who is accused of falsifying business records to cover up hush-money payment
The oil and gas conglomerate and Fifa, the world governing body, sign major sponsorship agreement
Toomaj Salehi risks being hanged after the conviction on the Shariah charge of "corruption on Earth" by a Revolutionary Court
Aid groups warn any invasion would add to already-catastrophic conditions for Gaza's 2.4 million people
The American they will face Australia and Serbia on July 15 and July 17 as part of their preparation for the Paris Olympic Games
The leaders emphasise that the deal to release the hostages would bring an immediate and prolonged ceasefire in Gaza
