Annual Investment Meeting kicks-off in Dubai
Dubai, April 8, 2014
Representatives from more than 120 countries and nearly 60 ministers are attending the Annual Investment Meeting (AIM) 2014 that kicked off in Dubai today (April 8).
The three-day meet at the Dubai International Convention and Exhibition Centre aims to achieve sustainable growth in emerging markets around the world.
Emerging economies have outperformed developed economies in the volume of foreign investments achieving 52 per cent of its share, as compared to 48 per cent in developed markets, said an expert.
Sultan Bin Saeed Al Mansoori, UAE Minister of Economy, said: “We welcome the delegates participating in this annual event, which established itself among the best events in the world as it opens the doors wide on foreign direct investment (FDI) topics and the prospects for growth and development in emerging markets around the world.”
“Emerging markets have become leading contenders attracting foreign investment. These markets are currently attracting increasing investments, particularly in innovative sectors such as information technology and traditional sectors such as education, trade, tourism, real estate and others,” he said.
It is scheduled to launch the first FDI Report for AIM today, which will carry a special focus of foreign direct investment flows to and from the borders of the emerging markets.
The report was developed in collaboration with the Statistical Unit of Financial Times International, to review the opportunities and challenges in investing in these fast-growing key markets.
Dawood Al Shezawi, CEO, AIM’s organising committee, said: “We have carefully selected series of topic discussions for the fourth AIM focusing on the challenges facing emerging markets in attracting foreign direct investment.
“We look forward to a successful edition as we have seen today from the delegations great expectations on attracting foreign investment and overcome the challenges facing their economies in this area.”
The programme also includes the launch of the AIM Investment Report 2014 under the theme ‘Trends and Implications on Frontier and Emerging Market.’
A ministerial roundtable will discuss and share views and lessons learnt as well as present their assessment on how to invest in growth and to find sustainable solutions to further the cause of development in times of political and economic uncertainties.
AIM 2014 is a leading think tank, providing knowledge from a pool of intellectuals from across the globe, Al Shezawi added. - TradeArabia News Service