The Ministry of Investment has announced its plans to develop the country’s investment vision and attract foreign investments. Their aim is to enhance competitiveness and make the UAE a global destination for investment. To achieve this goal, they aim to increase the industry growth rate from 3% to 7% by 2030.
During a meeting between Sheikh Saeed bin Surour Al Sharqi, Chairman of the Board of Directors of the Fujairah Chamber of Commerce and Industry, and a delegation from the Ministry of Investment led by Marwan Al Naqbi, both parties discussed their common goals and efforts at national and local levels to create a conducive business environment for investors.
The meeting was attended by Surur Hamad Al Zohari, Vice Chairman of the Chamber’s Board of Directors, Sultan All Al Handasi, Director General of the Chamber, Muhammad Obaid bin Majid, Director of the Fujairah Department of Industry, officials from Fujairah Port, Fujairah Petroleum Industry Zone, and Fujairah International Airport.
Sheikh Saeed Al Sharqi emphasized the Chamber’s commitment to cooperate and coordinate with the Ministry in attracting foreign investments and conducting promotional campaigns to showcase investment opportunities in Fujairah. The Ministry of Investment aims to establish a stimulating work system for developing projects and elevating them to global standards. They are focused on integrating national efforts and creating an appealing investment environment for various fields. This collaborative approach is key to achieving the UAE’s investment goals and attracting global investors.
