DMCA reviews Dubai maritime strategy
Dubai, June 26, 2013
Dubai Maritime City Authority (DMCA), the government authority of the maritime sector in Dubai, recently reviewed the progress in the implementation of the new Dubai Maritime Sector Strategy (MSS).
The strategy is poised to develop, regulate and promote the industry that will ultimately position Dubai as a first-class international maritime hub.
This follows a special workshop attended by key maritime stakeholders and leading relevant government entities who discussed the latest developments and achievements in creating a regionally and globally competitive maritime industry.
The workshop also aimed to lay down the foundations to establish the local maritime industry in accordance with the highest standards and best international practices.
Participants revealed that the progress made is expected to boost industry productivity and competitiveness while creating an integrated and sustainable maritime environment that is able to respond to market changes and emerging trends by attracting regional and international investors to leverage Dubai’s rapidly growing footprint as a key player in the global maritime arena.
Amer Ali, executive director, DMCA, said: “The local maritime industry remains a key driver of sustainable growth and future comprehensive development and a major factor in boosting Dubai’s competitiveness at the regional and international level.”
“MSS is of particular importance as it is the first of its kind plan aimed at achieving a radical change across the maritime sector in Dubai by increasing its contributions to GDP and strengthening its role as one of the major value-added economic sectors.
“We are confident in our ability to raise the bar on the local maritime sector and maintain ongoing growth and sustainability in collaboration with our strategic partners from the public and private sectors. We look forward to implementing MSS which will play a pivotal role in boosting the industry’s contribution to vital economic sectors and position Dubai as an international marine hub for business and investment,” Ali added. – TradeArabia News Service