UAE Ministry of Economy ,he organizing body of the Annual Investment Meeting (AIM), has divulged that the industrial investments would be one of the main issues at the 2015 edition to be held from March 30 to April 1, at the Dubai International Convention and Exhibition Centre under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai.
H.E. Abdullah Al Saleh, Undersecretary, UAE Ministry of Economy stated that UAE’s GDP is less dependent on oil because of diversification of revenue resources and higher inflow of investment, with the industrial division gradually more becoming a main provider to the GDP as a result of appealing to industrial investments.
AIM 2015 as its theme ‘Sustainable Development through FDI Induced Innovation and Technology Transfer’, will concentrate on the subjects of varied selections and strategies for modernization and technology transfer through Foreign Direct Investment (FDI). It will also discuss allowing regulatory agenda for host nations to give confidence innovation and technology transfer, besides bringing up the topic of increasing high-end industries, and the basic factors behind Asia’s successful case studies. The discussion will also converse investment in mining as well as firms’ policies and FDI factors to enlarge high end industries.
Industrial investment faces numerous legal and legislative hindrances. Investors and host nations need to collaborate to scrutinize ways to fascinates investments and develop legislative and legal-oriented industrial investment framework, including intellectual property rights and technology transfer, etc. This is another topic of discussion that will lead AIM this 2015, tackled by leading specialists, experts and officials.
Officials, investors and experts will talk about the topic of technology transfer at AIM 2015, and give light on its recent position and challenges and its benefits. AIM will also emphasize the key technologies that host nations look forward to obtain.
Middle East and Arab nations generally are still in need of more investment in the industrial area. Those nations have a tough labor force plus numerous of raw materials and industrial resources. Nevertheless, they need to generate customs to fascinate more industrial investments which will guarantee further economic advancement, technology transfer and youth employment.