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Second day of 4th Emirates Economic Planning Forum Continue to Shed Light on the Future of the Economy

Under the patronage and presence of His Highness Sheikh Humaid bin Rashid Al Nuaimi, Ruler of Ajman and Member of the Federal Supreme Council, the Fourth Emirates Economic Planning Forum-Ajman themed Overseeing the Future in Light of New Economic Changes concluded its 2nd day with the 3rd and 4th functioning sessions focused on growth preparation and UAE's programs in drawing in investments. The Emirate of Ajman is hosting the 4th edition of the forum, adhering to the success of previous versions kept in Fujairah, Ras Al Khaimah and Umm Al Quwain.

The working session, which concentrated on Development Planning in Ajman, kicked off with the presentation of the Strategic Plan of Ajman 2021 by Ahmed Rashid Shattaf, Director of Policies and Strategies, Executive Council of Ajman. Faisal Ahmed Al Nuaimi, Deputy General Manager of Ajman Free Zone, discussed the investment and export services in Ajman Free Zone, while Mohammed Ali Al Janahi, Executive Director of Business and Investment Development Sector, Ajman Chamber of Commerce and Industry (ACCI), shed light on policies that could strengthen the role of private sector in achieving sustainable development in Ajman.

Nasser Al Marzouqi, Director of Real Estate Affairs Regulation Department presented the initiatives targeted at developing and controling the real estate industry in the emirate, while Marwan Obaid Al Muhairi, Director of Investments and Project Monitoring Office, Ajman Municipality and Preparation Department, explained the specifics of 'Urban Preparation and Infrastructure Advancement in Ajman'. The third session concluded with a panel conversation led by H.E Ali Issa Al Nuaimi, Director General of the Department of Economic Growth in Ajman (DED-Ajman).

The following working session titled, Plans and Programs to Attract Investment in the UAE focused on the investment roadmap for the UAE, with an engagement from Dr. Matar Ahmed Al Ali, Director of Industrial and Information Management Analysis, at the Ministry of Economy. It also shed light on Abu Dhabi's experience in promoting and attracting foreign investments, which was presented by Dr. Adeeb Al Afifi, Director of Foreign Trade and Export Support, Department of Economic Development Abu Dhabi. Ahmad Obaid Al Qaseer, Chief Operating Officer of Sharjah Investment and Development Authority (Shurooq), also discussed during this session Sharjahs experiences in this area, followed by Dr. Abdul Halim Moheisen, the Economic Advisor of the Department of Economic Development of Ras Al Khaimah. The session concluded its agenda with a panel discussion by Dr. Sulaiman Warid Al Masaid, Economic Expert, Department of Economic Development - Abu Dhabi.

H.E. Ali Issa Al Nuaimi said: "The 2nd day's working sessions considerably gave a strategic platform to go over the major efforts that compose the UAE's financial investment roadmap. It also shed light on the current advancements in regards to metropolitan preparation, framework development, and realty market law in Ajman, along with the ongoing initiatives to reinforce the private sector's duty in achieving growth, according to the purposes of Ajman Vision 2021 in building an affordable economic climate based on innovation and sustainability, constant with UAE Vision 2021. The functioning sessions have effectively brought collaboration, combination and control between the Ministry of Economic situation and the financial advancement divisions in the UAE. It has aided create a clear structure that will certainly boost financial planning which is important in the transition to the post-oil economy and construct an extra safe, lasting and flourishing future for the coming generations."

H.E. added, The 4th Emirates Economic Planning Forum-Ajman mirrors the shared visions of the Ministry of Economy, the economic advancement divisions in the UAE and the entities worried to accomplish the ambitious goals of the UAE Vision 2021 and the economic instructions of the UAE, via reviewing vital subjects taking on the financial and investment landscape in the UAE, considering the rapid global financial developments. The forum intends to assist boost financial preparation and set reliable growth approaches, by coming up with referrals that contribute to financial advancement in the UAE.

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