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<\/p>\nThe United Arab Emirates (UAE) through its Ministry of Economy has concluded plans to hold an Annual Investment Meeting (AIM) from March 29 \u2013 31, 2022 with a focus on creating more investment channels.<\/p>\n
The UAE is a developed economy registered in a threefold increase in FDIs in 1H21, reaching a total of $424 billion.<\/p>\n
The UAE is one of the world\u2019s top 20 economies, in terms of FDI. AIM 2022\u2019s FDI Pillar aims to explore pivotal themes, including mainstreaming ESG investments, GVCs Optimisation, IPAs as a favourable business environment, the importance of SEZs, amongst other relevant topics.<\/p>\n
\u201cCurrently, the UAE is ranked 11th in the world for Ease of Doing Business and first in the region. Together, we will make the UAE the best investment destination in the world\u201d, H.E. Dr. Thani bin Ahmed Al Zeyoudi.<\/p>\n
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Eyeing the augmentation of Foreign Direct Investments (FDI) flows worldwide, The Annual Investment Meeting (AIM) \u2013 an initiative by the UAE\u2019s Ministry of Economy expressed its keenness on continuing to create numerous investment opportunities and innovative economic and business strategies, whilst fully supporting the ensuing macro recovery and subsequent changes to the global economy.<\/p>\n
The AIM\u2019s next edition \u2013 to be held from 29 to 31 March 2022, with the theme of \u201cInvestments in Sustainable Innovation for a Thriving Future\u201d will focus mainly on endorsing and boosting investments towards sustainability and innovation through key activities under the FDI Pillar.<\/p>\n
Thanks to rising investors\u2019 confidence, FDI flows have rebounded, globally, in 1H21, as per the latest United Nations (UN) report. Developed economies\u2019 FDIs increased more than threefold in the first half of this year, hitting $424 billion.<\/p>\n
Contrary to previous forecasts, global FDI prospects for the full year have improved, the UNCTAD report indicated. This has also been evident in FDIs into East and Southeast Asian countries, which saw a rise of 25%.<\/p>\n
The UAE is one of the world\u2019s top 20 economies, in terms of FDI, indicating the country\u2019s strong economic performance. In response to the pandemic, it was one of the first countries in the world to launch stimulus packages and initiatives to provide the necessary support to the economy\u2019s various sectors and adapt to pandemic-related challenges.<\/p>\n
The country\u2019s resilience and relentless pursuit of successful economic transformation and sustainability are clearly manifested in the high global rankings it has achieved.<\/p>\n
H.E. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade of the UAE, said:<\/p>\n
\u201cWith the world\u2019s greatest show, Expo 2020 Dubai, we are now looking forward to collaborating with other organizations and partnering with the best ideas in the world to shape the future.<\/p>\n
LTo achieve our goal of attracting foreign direct investment, we offer a number of incentives to investors, such as zero personal income tax, 100% foreign ownership, and a 10-year golden visa. Currently, the UAE is ranked 11th in the world for Ease of Doing Business and first in the region. Together, we will make the UAE the best investment destination in the world\u201d.<\/p>\n
AIM 2022 activities are designed to boost investment opportunities extensively in various sectors. Participants can explore lucrative investment prospects and ideas under the FDI Pillar as global markets offer new investment opportunities to spur economic growth.<\/p>\n
H.E. Dr. Thani bin Ahmed Al Zeyoudi added that:<\/p>\n
\u201cFor the past 10 years, the Annual Investment Meeting has played a crucial role in bringing in foreign investment to the UAE. Our focus is now on enhancing UAE\u2019s international reputation as an investment hub and mobilizing concrete investments, along with bringing in solutions for sustainable economic growth. I believe the next edition of the Annual Investment Meeting will bring positive economic change achieving new milestones in the FDI world.\u201d<\/p>\n
AIM 2022 will recognize the best Investment Promotion Agencies across the globe through the AIM Awards, giving tribute to the best FDI projects in regions that have contributed significantly to their markets\u2019 growth and expansion.<\/p>\n
AIM\u2019s FDI Pillar will present and discuss key topics; these include:<\/p>\n
\u201cLess than a decade away from SDGs 2030, where are we now, in terms of sustainable investments?\u201d which will explore the concerns and action plans to foster inclusive economic development and resilient societies.<\/p>\n
\u201cHow FDIs must drive change towards mainstreaming ESG investments\u201d, where experts from global investment agencies will provide their insights and engage in thought-provoking discussions.<\/p>\n
\u201cGlobal Value Chains (GVCs) Optimisation\u201d is also especially relevant, as developed and emerging economies are urged to reposition and optimize their supply chain systems, not only in terms of cost-effectiveness, but more importantly, from the perspective of logistical expertise and long-term regional stability. As GVCs are revisited, redesigned and transformed, this will be reflected in investors\u2019 preferences, in addition to all the complementary initiatives that are implemented by regulatory authorities.<\/p>\n
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Establishing a digital competitive investment infrastructure has now become mandatory for positioning Investment Promotion Agencies (IPAs) as favourable business environments, which was evident in the global economic recovery pattern. This issue will be explored in the session: \u201cAccommodating Virtual FDIs: No Longer a Far-Fetched Concept, but a Requisite\u201d.<\/p>\n
\u2212 According to UNCTAD, only half of the IPAs worldwide acknowledge the impact of FDI attraction in their country zones. The Special Economic Zones (SEZs) session, \u201cWalking the Talk Beyond Fiscal Incentives\u201d, will discuss the rationality of establishing SEZs: what makes them mutually prosperous and sustainable in today\u2019s business context; and how to best strategize their development through constructive partnerships.<\/p>\n
When selecting an FDI location, countries with higher-skilled and better-educated workforces tend to attract more greenfield FDI projects (UNCTAD, WIF). In the wake of workforce flexibility, countries are increasingly promoting diverse and digitally adept talent pools to leverage FDIs.<\/p>\n
The session, \u201cSeizing the Opportunity to Attract & Retain the Talent Pool\u201d will present an opportuiny where policymakers and employers will gather to tackle the issue of the remotely functional and resilient workforce in today\u2019s fragmented global economy.<\/p>\n
Focused on three regional topics that examine the economic landscapes of Africa, Asia and Latin America, Day 3 of the FDI Pillar\u2019s activities will explore the regions\u2019 risks, challenges and opportunities for growth that call for increased regional cooperation.<\/p>\n
Mr. Dawood Al Shezawi, President of the AIM\u2019s Organising Committee, stated that:<\/p>\n
\u201cSince the global pandemic, the Annual Investment Meeting has undertaken several innovative and technologically driven initiatives to transform the economy towards an upward direction. The platform has continued to drive investments through smart solutions. It has also pushed for the development of several projects that add value to investors and the economy in general. AIM recognises the UAE\u2019s continued success and will serve as in instrument to further establish future economic developments and boost FDI flows worldwide.\u201d<\/p>\n
The Annual Investment Meeting continues to gain support from several Ministries and Government Departments, Special Economic Zones (SEZ), Smart City Solution Providers, Venture Capitalists, Angel Investors and several financial institutions to provide SMEs and start-ups with an abundance of opportunities. Apart from AIM\u2019s FDI Pillar, the Annual Investment Meeting consists of five more pillars: I) the 50 Initiatives Pillar; ii) The Small Medium Enterprises (SME\u2019s) Pillar; iii) The Future Cities Pillar; iv) The Start-ups Pillar; and v) the FPI Pillar.<\/p>\n
For more information on AIM 2022, please visit www.aimcongress.com.<\/p>\n
About the Annual Investment Meeting<\/p>\n
Annual Investment Meeting (AIM) is the world\u2019s leading platform for Foreign Direct Investment (FDI), aimed at facilitating strategic networking and promoting investments. It is the largest gathering of the international investment community, policy makers, business leaders, regional and international investors, entrepreneurs, leading academics and experts showcasing up-to-date information and strategies on attracting FDI.<\/p>\n
It convenes key decision-makers from around the world, bringing together businesses and countries willing to engage in sustainable partnerships with investors. It offers a variety of features aimed at facilitating strategic networking and promoting investments while providing a worthwhile learning experience.<\/p>\n","protected":false},"excerpt":{"rendered":"
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