Media ININ Economy We Trust
•
Hong Kong 15-09-2019 / WAM
The State Economic and Trade Delegation concluded its participation in the Fourth Summit of the Belt and Road Initiative recently held at the Hong Kong Convention Center with the participation of government delegations from 80 countries.
HE Abdullah Al Saleh, Undersecretary of the Ministry of Economy for Foreign Trade, head of the UAE delegation at the summit, stressed the great success of the UAE delegation, noting that the delegation actively participated in all the sessions of the summit and was briefed on the latest stages of the implementation of the initiative projects. Kong and many ministers and senior officials.
His Excellency said that the summit held under the slogan “Creating and Creating Opportunities” confirmed the existence of tremendous investment opportunities for the member states, and that the UAE is the most interested in the initiative projects as it embraces the most important ingredients for the success of the initiative and its projects such as advanced financial centers, infrastructure and advanced logistics, and laws and regulations encouraging To attract foreign investment and the large facilities it offers to investors, all these qualities undoubtedly qualify the UAE to lead the initiative projects in the Middle East.
He explained that the last day of the summit was marked by an important meeting with managers of UAE companies investing in Hong Kong and the number of about 14 companies to discuss the developments of their investment projects and vision for future investment in Hong Kong and China.
He pointed out that the 14 companies are the most important and largest companies invested in Hong Kong and have a very distinct presence and experience, and we discussed how to expand these companies in Hong Kong and China and help them overcome any difficulties they face and to be a link between the UAE and Hong Kong and China.
The meeting also discussed how the Ministry of Economy can support these companies to have a deeper presence in Hong Kong, in addition to helping them to be in China through their support to get projects there. Supporting these companies to participate in international exhibitions in Hong Kong and China, in addition to organizing visits from UAE companies operating in the UAE to participate in international exhibitions in Hong Kong and China due to the great strategic importance the UAE attaches to Hong Kong and China.
The meeting included directors and representatives of Emirates Airlines, Etihad, DP World, Mashreq Bank, First Abu Dhabi Bank, Aramex, Dubai Tourism Office, Emirates Cargo and Emirates Exchange.
Mohammed Nasser Hamdan Al Zaabi, Director of Trade Promotion Department at the Ministry of Economy, said that the UAE’s active participation in the fourth summit of the Belt and Road Initiative was distinguished because of the diversity of the UAE delegation from government agencies, chambers of commerce and private companies. “Invest in Sharjah” was distinguished by the distinguished investment opportunities in the UAE and the meeting of Chinese investors in this regard.
He pointed out that the members of the delegation reviewed during the summit sessions and within the area of corporate offers, the ideal investment environment in the UAE and the encouragement of the federal government and local governments for foreign investors in addition to strong infrastructure and logistics services and successful and distinctive experiences in investment and management of ports and legislation attracting foreign investments and all this confirms its main position As a central station in the success of the initiative. He explained that the delegation called on the member countries of the initiative to pump their investments in the UAE, stressing that the UAE is the best destination for foreign investment in the region.
The UAE delegation included government and private entities, most notably the Ministry of Economy, the Department of Economic Development in Abu Dhabi, the Department of Economic Development in Sharjah, Abu Dhabi Ports, Dubai Ports, Sharjah Research and Innovation Complex, Sharjah Investment and Development Authority, Etihad Airways Group, Fujairah Chamber of Commerce and Industry, Khalifa Industrial Area Kizad and other government and private companies.
