French team visits Dubai Healthcare City

DUBAI — The French Business Council of Dubai and the Northern Emirates, yesterday organised presentation and a tour of the new premises of Dubai Healthcare City for a delegation of 14 French entrepreneurs in the healthcare sector and members of the French Business community in Dubai.

By Moushumi Das Chaudhury

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Published: Tue 26 Apr 2005, 10:39 AM

Last updated: Thu 2 Apr 2015, 4:10 PM

Dubai Healthcare City, costing Dh 11 billion will be built in two phases. It is attracting trade missions and entrepreneurs who are willing to invest in the healthcare sector.

The French trade mission, which is supported by oil giant Total's International Business Volunteers (IBV) programme, visiting the UAE to explore business opportunities in the healthcare and medical sector, which is one of the growing sectors in the Emirates.

Total implemented the International Business Volunteers programme to encourage small and medium companies from France to venture into foreign export markets.

The programme has been a huge success with more than 40 SMEs from France benefiting from the scheme.

Philippe Desriac, regional director of Total, told Khaleej Times: “The scheme aims at promoting and fostering French-UAE economic relations by creating job opportunities and also by contributing to the domestic economy in a big way."

"The success has also encouraged other French SMEs to look a the lucrative UAE market to set up their business here with the help of French Business Council," he added.

He said that Total runs their initiative on a "no profit-no loss basis" and provides finances from $20,000 to $200,000 to companies interested in developing business and provide employment within the UAE and France.

According to Carlos Goncalves, an official of the trade mission, “Dubai Healthcare City will provide tremendous opportunities for alternative medicines in the coming years."

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