Media ININ Economy We Trust
Tokyo, March 12 / Tomorrow, in the Japanese capital, Tokyo, the work of the ninth session of the Abu Dhabi-Japan Economic Council will begin to discuss ways to enhance prospects for economic, trade and investment cooperation and explore new opportunities within a number of strategic economic sectors of common interest, in the presence of more than 50 senior officials and executives from public and private sectors on both sides.
The work of the ninth session of the Council is chaired by His Excellency Ahmed Jassim Al Zaabi, Chairman of the Department of Economic Development – Abu Dhabi, and His Excellency Kodera Nobuyori, President of the Japanese Cooperation Center for the Middle East.
The Council’s ninth session will be attended by Satomi Ryuji, Deputy Minister of Economy, Trade and Industry of Japan, HE Shihab Ahmed Al Fahim, UAE Ambassador to Japan, HE Abdullah Al Mazrouei, Chairman of the Abu Dhabi Chamber of Commerce and Industry, HE Sameh Al Qubaisi, Director General of Economic Affairs at the Department of Economic Development – Abu Dhabi, and HE Alia Al Mazrouei, Chief Executive Officer. Khalifa Fund for Enterprise Development, Eng. Abdullah Al Shamsi, Acting Director General of the Abu Dhabi Investment Office, and a number of government officials and private sector representatives from both sides.
This session comes as a continuation to support the efforts made between the two sides in order to follow up on the implementation of the decisions that were taken during the work of the previous sessions of the Council that were held alternately between Tokyo and Abu Dhabi, and to follow up on the implementation of the recommendations issued by them, in addition to working to raise the level of cooperation between the business sectors in the two countries and to support Japanese companies to expand their activities. investment in Abu Dhabi.
The work of the ninth session of the Abu Dhabi-Japan Economic Council focuses on the discussions of work teams and joint groups to enhance cooperation in the sectors of “energy, renewable energy, infrastructure, media, education and human resources development.”
As part of the ninth session of the Abu Dhabi-Japan Economic Council, the Department of Economic Development in Abu Dhabi is organizing a forum to introduce Japanese companies to the investment opportunities available in the Emirate of Abu Dhabi in the sectors of “industry, energy, finance and real estate.”
During the forum, the Industrial Development Office of the Department of Economic Development reviews investment and cooperation opportunities between Abu Dhabi and Tokyo in the industrial sector, within the framework of the office’s work to launch initiatives and form partnerships with international institutions that contribute to achieving the goals of Abu Dhabi’s industrial strategy, which aims to double the size of the industrial sector in the emirate to 172 billion. dirhams by the year 2031, providing 13,600 new job opportunities, and increasing the volume of non-oil exports to the emirate to reach 178.8 billion dirhams.
Several areas of cooperation will also be presented by the Abu Dhabi National Oil Company “ADNOC” and the Abu Dhabi Future Energy Company “Masdar”, including energy, petrochemicals and renewable energy.
During the event, the Abu Dhabi Investment Office and the Abu Dhabi Office for Residents will present their programs and incentives to encourage innovation and help companies benefit from it. They will also offer programs aimed at attracting talent and strengthening Abu Dhabi’s position as an international residence destination.
Representatives of the Abu Dhabi Global Market, the Abu Dhabi Securities Exchange and the Abu Dhabi Subscription Fund will review the new developments in the financial markets and Abu Dhabi’s status as a capital for attracting capital.
The Abu Dhabi Economic Council of Japan embodies the depth of the strategic relations between the UAE and Japan, which are getting stronger and more solid thanks to the great rapprochement and partnership between the two countries and peoples, which enjoy the support and sponsorship of the leaderships of the two friendly countries, which contributed to the establishment of a solid economic base and the promotion of joint cooperation in many sectors and areas based on innovation, technology and knowledge. .
