Local Business

GIAS 2020 kicked off today in Dubai

Staff Report/Dubai
Filed on January 27, 2020
More than 1,200 international delegates and 200 investors are interested in investing in aviation. - Supplied photo

The summit focused on aviation finance, airport project finance, and techniques for financing airports.

The second edition of the Global Investment in Aviation Summit (GIAS 2020) kicked off on Monday, with an overwhelming participation of ministers of aviation and heads of civil aviation authorities from the UAE, the region and wider world, who will discuss the world's leading aviation investment projects, as well as opportunities and challenges in the sector.

Organised by the General Civil Aviation Authority (GCAA), The three-day summit features a record-breaking number of events, including a line-up of interactive panel discussions and inspiring sessions highlighting aviation and airport project finance, new business models for airports, passenger experience and airport future solutions, among others.

Day one of the summit focused on a stellar host of workshops and panel discussions that span three main themes: aviation finance, airport project finance, and techniques for financing airports.

Saif Mohammed Al Suwaidi, director general of GCAA, said: "We aim through GIAS to create a perfect global platform that brings together more than 1, 200 international delegates and 200 investors interested in investing in aviation, to share opinions and expertise, discuss and analyse latest trends in the industry, leading up to developing strategies and mechanisms that help pump more investment into the aviation sector and boost the growth and sustainability of global economy."

Al Suwaidi lauded the role of sponsors and strategic partners, which is the key to the success of any event. Their support reflects a high sense of nationalism and corporate social responsibility. Of these are the Ministry of Economy, the National Program for Small and Medium Enterprises, Dubai Duty Free, Sharjah Airport International Free Zone Authority, Fujairah Aviation Academy, and media partners, Nabd and Sky News Arabia, Afrique Media, 7 dimensions, and Aviation World Group. - business@khaleejtimes.com

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