Sheikh Ahmed receiving a plaque after opening
the FIATA RAME-2015.
Region Africa and Middle East summit opens in Dubai
DUBAI, April 19, 2015
The Region Africa and Middle East (RAME-2015) conference of the Switzerland-headquartered International Federation of Freight Forwarders Associations (FIATA) opened today (April 19) at the InterContinental Dubai Festival City.
The two-day event was inaugurated by Sheikh Ahmed bin Saeed Al Maktoum, president of Dubai Civil Aviation Authority, chairman of Dubai Airports and chairman and chief executive of Emirates Airline and Group.
Dubai will have the world’s biggest cargo facility when the Dubai World Central (DWC), the world’s first fully-integrated aerotropolis, gets fully completed, offering 12 million tonnes of cargo capacity, said Sheikh Ahmed.
Dubai, he said, already has one of the best infrastructures in the world, including excellent and extensive facilities for the cargo and logistics industry, and had proved to be an ideal trade corridor between the East and West and benefitting the Mena region and South Asia (Menasa).
Sheikh Ahmed received a plaque as a token of appreciation for his support to Fiata and the logistics industry.
Hosted by UAE’s National Association of Freight & Logistics (NAFL), a Fiata affiliate, the two-day conference has attracted over 500 delegates from the Africa and Middle East, India, Pakistan, Sri Lanka and Bangladesh, including leading freight logistics companies and organisations.
DP World, Emirates, Dubai World Central, Jebel Ali Free Zone Authority (Jafza), Dubai Chambers, Etihad Airways, Freight Systems, TT Club and Newage are among the sponsors.
David Phillips, president of NAFL, said: “The conference is based upon the Trade Corridor that exists between the Indian Subcontinent and Africa, via the Middle East, and in particular Dubai and the UAE.”
“RAME is by itself a very vibrant business corridor, and the UAE and Dubai has been the traditional hub that bridges these regions and facilitates trade. India is now a trade power house, and when included in this ‘Trade Corridor’ makes the region, possibly the most exciting area globally. Africa is the fastest growing economy and this conference provides delegates with the opportunity to meet potential partners,” he added.
Basil L Pietersen, chairman RAME, said: “ RAME-2015 is a lot different than the others regional meetings as all logistics players and freight forwarders in the South Asian subcontinent, with a focus on India, Pakistan, Bangladesh and Sri Lanka, have been invited. The business environment between these regions is vibrant and full of opportunities. NAFL has worked tirelessly to put together a well-balanced debate agenda which is sure to highlight clear actions for the industry.”
Francesco Parisi, president of Fiata, said: “RAME is one of the fastest developing areas in the world in terms of trade growth and logistics, consequently our industry in this area is faced with challenges connected with growth. Fiata being a dynamic federation it has to hear what our members need directly from the local practitioners: the regional field meetings are the best opportunity for us to listen and understand and, as it happens, to promote the image of Fiata and its knowledge base within our constituents.”
Sultan Ahmed bin Sulayem, chairman of DP World and Ports, Customs and Free Zone Corporation, delivered the keynote address, highlighting the strengths of Dubai as a cargo and logistics hub and the growth opportunities that it has opened for the region to improve and enhance global trade flows.
He said India, the world’s second most populous country, and the vast Africa region lacks the needed infrastructure and hence offers immense investment opportunities in the infrastructure domain.
A stellar line-up of speakers utilized the first day of the conference to highlight the synergies and business potential that exists in the Africa and Middle East regions and how countries in other regions in near and far could benefit from them, from the freight logistics perspective.
Themed UAE-Dubai- The gateway between South Asia and Africa, the first session of the conference was addressed by Hassan Al Hashemi, vice president of International Relations at Dubai Chamber of Commerce and Industry, who highlighted the growing importance of Dubai as the global business and logistics hub.
Mahmood Al Bastaki, CEO of Dubai Trade, a subsidiary of Dubai World that offers integrated electronic services from various trade and logistics service providers under a single window, said the UAE was considered as a safe haven because of a proactive pro-business government with the most transparent business regulations in the region. Dubai, he said, was ideally placed to serve the Menasa region whose combined GDP in 2013 was more than $5.8 trillion.
He said the World Economic Forum Global Competitive Report 2014 has attributed the high quality of roads, air transport and ports infrastructure as the factors behind Dubai emerging as the Trade and Logistics hub. The UAE has been ranked eighth in the world and best in GCC for Trading across Borders and Best place in the MENA region to start a business.
“There is a greater demand for Dubai’s logistics sector. The World Expo that the UAE will host in Dubai in 2020 offers great opportunity for the entire region. There is a shift of distribution centres from Europe to Dubai to serve the Menasa economies,” he added. – TradeArabia News Service