The Dubai Investment Development Agency (Dubai FDI) – the investment development agency of the Department of Economic Development (DED) in Dubai – announced the Dubai Team for global promotional missions to five countries and 10 cities in 2019.
The initiative falls in line with Dubai FDI’s continuing efforts to promote investment opportunities in the emirate and to strengthen its existing ties with the leading global cities, which attracted foreign investment projects worth AED 17.76 billion to the emirate in the first half of 2018, underscoring Dubai’s strong position as a global investment destination.
The announcement was made during a recent meeting organized by Dubai FDI to discuss its Global Promotional Investment Program for 2019, which was attended by strategic partners from the Dubai Team, which are composed of members from 24 different entities, including the Dubai Health Authority (DHA); Department of Tourism and Commerce Marketing (DTCM); Dubai Police; Dubai Exports; Expo 2020 Dubai; Dubai Airport Free Zone Authority; Emirates Group; Dubai Duty Free; Dubai International Financial Center; Dubai South; Dubai Silicon Oasis; and Dubai Creative Clusters Authority.
The Team discussed the ambitious and strategic vision followed by the organization to further enhance the emirate’s reputation in international markets and to boost the international investment community’s confidence in Dubai’s business environment, in addition to the distinguished and active participation of both public and private entities in the current plans and programs to promote trade initiatives across key economic sectors.
The meeting provided an ideal platform to discuss the agenda of the Dubai Team for global promotional investment missions and identified target countries, where new global promotional missions will be organized. The fundamentals of the economy and sectors that can attract investment from them were also discussed. The forum identified five countries–the United States, China, Japan, South Korea and India. The Dubai Team will soon be conducting missions to these countries, stopping over in the cities of Los Angeles, Denver, Houston, Phoenix, Shanghai, Shenzhen, Tokyo, Seoul, Mumbai and Bangalore as target destinations.
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