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Dubai FDI hosts workshop to groom leaders in driving investments into innovation.

The Dubai Investment Development Agency (Dubai FDI), an agency of the Dubai Economy, in partnership with FT Business and fDi Intelligence, organised an FDI Leadership Training Workshop today as part of its 'Dubai FDI Capacity' programme aimed to qualify leaders from the private and public sectors in attracting innovation-driven investments.

The full-day workshop held in Dubai was designed to update participants on the FDI (foreign direct investment) trends and prospects prevailing globally as well as the most effective techniques in attracting FDI into advancing sustainability and innovation. The advantages of Dubai, and the UAE in general, as a competitive investment destination was also highlighted in the workshop with emphasis on the ambitious vision driving growth in the country.

"The Dubai FDI Capacity programme is aligned to the strategic focus of Dubai FDI to promote leadership and innovation across the UAE by drawing on the unique connectivity and competitive business ecosystem in Dubai," commented Fahad Al Gergawi, CEO of Dubai FDI.

"Dubai is a globally acknowledged gateway and hub for diverse businesses already. The UAE Vision 2021 as well as the Dubai Plan 2021 now have created vast opportunities for investment in smart services, clean technologies, knowledge-driven enterprise and bringing quality of life to the level of the best in the world. Dubai FDI Capacity will help to continually develop human capital capable of successfully delivering the Dubai FDI message to the global investor community," added Al Gergawi.

A benchmarking study of 14 regional and global peers, conducted by Dubai FDI in partnership with The Financial Times as part of the FDI Capacity programme revealed that Dubai is the number one choice of UK companies looking to expand into new markets. Domestic growth in Dubai is the main factor behind UK companies placing their bets on Dubai, showed the study.

An invitation-only programme, the workshop brought together participants from various Dubai Government entities and free zones in the emirate, in addition to representatives of Dubai FDI investment promotion partners. Sustainable investment as a focal point of FDI attraction was one of the key points highlighted in the workshop, along with ways to attract investment into research and development, innovation, education and healthcare.

Dr Henry Loewendahl, CEO of WAVTEQ Ltd and Senior Vice President Middle East for fDi Intelligence led the workshop providing actionable insights and strategic analysis of current and future FDI attraction opportunities. Formerly an FDI expert with UNCTAD, World Bank and the Columbia University, Loewendahl has two decades of experience advising over 100 governments and global corporations in 60 countries.

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Geographic Code:7UNIT
Date:Apr 19, 2017
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