Emirates Investment Corporation...

AIM 2018 sees record attendance levels

20,332 global investors gathered in one venue for the event. The eighth edition of the Annual Investment Meeting that took place at the Dubai World Trade Centre from April 9 to 11 saw the highest number of global investors gather in one venue, numbering 20,332, including more than 1,000 investment specialists and advisors from 143 countries, conclude 1,852 business-to-business and 821 government-to-business meetings in three days.

The event was also attended by 87 ministers, governors, heads of government delegations and senior government officials and private investors.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, attended the inauguration of the three-day investment conference with a keynote address by Sultan bin Saeed Al Mansouri, Minister of Economy; Kim Hyun-chong, Minister of Trade, Ministry of Trade, Industry and Energy, South Korea; Sami Al Qamzi, director-general of the Department of Economic Development, Dubai; and other senior UAE federal government and Dubai government officials.

As many as 459 exhibitors – including country pavilions, international organisations, investment promotion agencies (IPAs), public and private organisations – occupied 8,000 square metres of exhibition space across eight exhibition halls at the Dubai World Trade Centre.

India, China, South Africa, Saudi Arabia, Egypt, Indonesia, Nigeria, Algeria, United Kingdom, Italy and Ukraine are among the top participating countries. AIM saw a number of IPAs winning AIM Investment Awards, while China held the China Global Investment Summit at the AIM.

The three-day conference and exhibitions included country presentations, investment workshops on capacity building, training of investment officials in promoting their respective countries’ investment environment, investment match-making meetings, investors’ hub where officials of large corporations met with investors on exploring investment opportunities, in addition to a main conference on investment-related issues.

The AIM 2018 Investors’ Hub had participation from 20 local and international organisations, in which over 800 meetings were held.

The inaugural session of the Annual Investment Meeting also saw the launch of the e-Platform for Foreign Direct Investment, established by the UAE Ministry of Economy.

FDI in to the UAE recorded 7.29 per cent growth to $10.3 billion in 2017, up from $9.6 billion in 2016 and 21.17 per cent up from $8.5 billion in 2015, according to the UAE Central Bank and the UAE Federal Competitiveness Council. However, this is at the backdrop of a 16 per cent decline in global FDI flow of $1.52 trillion in 2016, according to the United Nations Council on Trade and Development.

The ninth Annual Investment Meeting will be held from April 8 to 10, 2019, at the Dubai World Trade Centre.

Source : Khaleej Times

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