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Annual Investment Meeting 2019 to host strategic sessions to draw foreign direct investments

The Organising Committee of the Annual Investment Meeting 2019 has completed the preparations for the upcoming event, which will be held from 8th to 10th of April in Dubai. More than 20,000+ corporate leaders, policy makers, businessmen, regional and international investors, entrepreneurs, leading academics, experts, and stakeholders from over 140+ countries from Europe, North America, Latin America, Africa, Middle East, and Asia are participating in the three-day event.  Some of the heads of states coming to the event are Evo Morales, President, Plurinational State of Bolivia; Muhammadu Buhari, President, Federal Republic of Nigeria; Rustam Minnikhanov, President of Tatarstan, Russian Federation; Ramzan Kadyrov, Head of Chechen Republic, Russian Federation; and Huchiev Muslim, Deputy Chairman of Chechen Republic, Russian Federation. 

More than 60 high level officials including heads of state, government ministers, and other top public officials will join prominent global business figures, over 1,000 FDI experts, and representatives of Chambers of Commerce and Industry and business councils. They are set to tackle the most pressing challenges and key opportunities in the midst of exponential digital innovations, technological developments, and influential global trends. 

Fareedon Hartoqa, the Secretary General of the Jordan Investment Commission, JIC, said, "We in Jordan, and at the Jordan Investment Commission, JIC, are committed to working with investors and businesses to facilitate their work in Jordan and maintain strong mutually beneficial relationships with those entities. JIC continues its determination on leveraging Jordan’s strengths. Our position in the heart of the Levant makes us a strategic platform to the GCC and MENA region. It also makes us an ideal global East-West hub. Our Free Trade agreements give us access to over one billion consumers. Jordan offers the ideal destination when looking for a manufacturing base, outsourcing center, distribution and back office operations. Jordan also could serve as a base for infrastructure and reconstruction projects in our region." 

A delegation from Bolivia will also participate at AIM. Widely regarded as the country's first president to come from the indigenous population, this is the first time any president from Bolivia has made it to the UAE. Evo Morales, President, Plurinational State of Bolivia, stated that Plurinational State of Bolivia intends to promote greater FDI such that at least 40 percent of Foreign Direct Investment contributes to diversify the productive matrix of the country and generates added value (productive industrial complexes, services and tourism) through partnerships in mixed state companies, in alliance with the central level of the State and Autonomous Territorial Entities. The Bolivian perspective aims to encourage foreign investors in a way that they become strategic partners and not owners of natural resources and surpluses. The country’s goal is that FDI should respect the country’s sovereignty, mother earth and the profits in the territory should be converted to strengthen the model of living well. 

In addition, a delegation from Kingdom of Bhutan will also participate at the event. According to Lyonpo Loknath Sharma, Minister of Economic Affairs, Kingdom of Bhutan, the number of FDI projects approved in the year 2018 has more than doubled from the number in 2017. A total of 16 projects were approved in 2018 against just seven in 2017. 

The Kingdom of Saudi Arabia, which has just recently formulated an open economy policy, gains a strategic move participating at AIM 2019. "We saw growth in both FDI inflows, which were 127 percent higher in 2018 than in 2017, and in the number of new licenses awarded. 739 new licenses were awarded in 2018, an increase of 96 percent on the previous year. This momentum has continued in 2019, with broad based growth across all sectors and geographies. The Saudi Arabian economy is undergoing a period of rapid transformation, and this is creating new opportunities for the private sector and international investors. Through Vision 2030, we have been able to introduce a number of new policies and reforms that are allowing investors to tap into these opportunities in an unprecedented way," Majid bin Abdullah Al Qasabi Minister of Commerce and Investment, Kingdom of Saudi Arabia. 

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