Annual Investment Meeting 2015 will host Ministerial Roundtable on prospects for FDI and knowledge-based economy

Roundtable to support investments goals and development of knowledge-based economy

Dubai, UAE, 3 March 2015: The UAE Ministry of Economy (MoE) announced that the Annual Investment Meeting (AIM) 2015 will include a Ministerial Roundtable for ministers of several countries specialized in investment, economy, finance, foreign trade, foreign affairs and international cooperation.

According to MoE, this roundtable aims to discuss the prospects for Foreign Direct Investment (FDI) and ways to support and develop its flow between countries.

AIM 2015 will be held from 30 March to 1 April 2015 at the Dubai International Convention and Exhibition Centre, under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai.

Ministers from eight countries will discuss growth potential for knowledge-based economy, with the goal of spurring investment and creating appropriate environment for development.

HE Abdullah Al Shehhi, Undersecretary of the UAE Ministry of Economy says: “We are delighted to organize the Annual Investment Meeting 2015, which will feature a roundtable for participating ministers responsible for economy, investment and international cooperation in several countries. The roundtable will discuss ways to develop and support direct investments, knowledge and developments, as well as exchange experiences in this regard, including bringing benefits to the delegates visiting the event.”

Walid Farghal, Director General, Annual Investment Meeting (AIM) Organising Committee said that ministers will address sustainable development topics through innovation and technology transfer, and to find sustainable solutions to the issue of promoting development, encouraging investment and trade cooperation between countries.

Farghal explained the Ministerial Roundtable as a high profile platform to exchange ideas on boosting FDI and ensuring consistency in policies to achieve economic growth. The ministers will aspire to convert knowledge into a value and wealth.

Knowledge-based economy refers to the use of modern technology in developing innovative products and services. Experts say that many countries have reinvented themselves by relying on the knowledge economy against scarcity in natural resources. These countries rely on knowledge and technology in creating economic value addition.

Delegations and representatives from several countries will meet at AIM 2015 to discuss this year’s main topic of ‘FDI’, and ways of enhancing its operations globally.

The forum is themed on “Sustainable Development through FDI Induced Innovation and Technology Transfer”.

Topping the agenda of the event, innovation plays an important role in the transformation toward a knowledge-based economy. Innovation needs a proper environment to foster that supports creative ideas converting them into actual innovations and practical applications. Education plays a key role in this regard, and it will be a discussion point during AIM this year by several international organizations.

Farghal said that innovation would be discussed extensively, with delegations shedding light on relevance between innovation and knowledge-based economy. Technology transfer though FDI will also be discussed as well as the contribution of training in promoting education and innovative process technologies.

AIM aims to develop FDIs globally, putting its prospects and challenges on the table for discussion in the presence of experts, officials, ministers and policymakers.

Farghal expected that Ministers Roundtable will come out with the best results possible due to their authority to take decisions, after presenting experiences for constructive cooperation.

AIM 2015 will highlight investments in various economic sectors, including industry, technology, agriculture, health, education, knowledge-based economy, energy and others. The event will be attended by delegation, experts and officials from around the world who will participate in public and private sessions.

AIM 2015 aims to be a global platform for many investment deals, and a hub to exchange experiences and ideas about FDIs, and discuss all that matters to investors, in addition to support the flow of investments to countries wishing to attract more.

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