AIM 2022 aims to stimulate the growth of foreign direct investment
DUBAI, United Arab Emirates, December 29, 2021 (GLOBE NEWSWIRE) – Considering the increase in foreign direct investment (FDI) flows around the world, the Annual Investment Meeting (AIM) – an initiative of the Ministry of UAE Economy – expressed interest in continuing to create many investment opportunities and innovative economic and business strategies, while fully supporting the ensuing macroeconomic recovery and subsequent changes in the global economy.
AIM 29-31 March 2022 – global context and priority themes
The next edition of AIM – to be held from 29 to 31 March 2022, with the theme âInvestments in sustainable innovation for a prosperous futureâ – will focus mainly on approving and stimulating investments in favor of sustainability and innovation through key activities under the FDI pillar.
Thanks to growing investor confidence, FDI flows rebounded, globally, in 1H21, according to the latest United Nations (UN) report. FDI from developed economies more than tripled in the first half of this year, reaching $ 424 billion. Contrary to previous forecasts, the global outlook for FDI for the full year has improved, the UNCTAD report says. This was also evident in FDI in East and Southeast Asian countries, which saw an increase of 25%.
The UAE is one of the top 20 economies in the world in terms of FDI, indicating the country’s strong economic performance. In response to the pandemic, it was one of the first countries in the world to launch recovery plans and initiatives to provide the necessary support to different sectors of the economy and adapt to the challenges associated with the pandemic. The country’s resilience and relentless pursuit of successful economic transformation and sustainability is evident in the high global rankings it has achieved.
HE Mr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade of the United Arab Emirates, said:
âWith the world’s largest trade fair, Expo 2020 Dubai, we are now looking forward to collaborating with other organizations and partnering with the world’s best ideas to shape the future. To achieve our goal of attracting foreign direct investment, we offer a number of incentives to investors, such as zero income tax, 100% foreign ownership, and 10 gold visa. Currently, the United Arab Emirates are ranked 11e in the world for the ease of doing business and first in the region. Together, we will make the United Arab Emirates the best investment destination in the world. “
AIM 2022 activities are designed to significantly boost investment opportunities across various sectors. Participants can explore lucrative investment prospects and ideas under the FDI pillar, as global markets provide new investment opportunities to drive economic growth.
HE Dr Thani bin Ahmed Al Zeyoudi added that:
“Over the past 10 years, the Annual Investment Meeting has played a crucial role in bringing foreign investment to the UAE. We now focus on enhancing the UAE’s international reputation by as a hub of investment and mobilization of concrete investments, as well as on providing solutions for sustainable development economic growth I believe that the next edition of the annual meeting on investment will bring economic change positive by taking new steps in the world of FDI. â
AIM 2022 will honor the best investment promotion agencies across the world through the AIM Awards, honoring the best FDI projects in regions that have significantly contributed to the growth and expansion of their markets.
AIM’s FDI pillar will present and discuss key topics. These include:
- âLess than a decade away from the 2030 SDGs, where are we now, in terms of sustainable investments? “will explore concerns and action plans to foster inclusive economic development and resilient societies.
- “How FDI should drive change towards integration ESG investments “: Experts from global investment agencies will provide insight and engage in thought-provoking discussions.
- “Optimization of global value chains (GVCs)“is also particularly relevant, as developed and emerging economies are called upon to reposition and optimize their supply chain systems, not only in terms of profitability but, more importantly, in terms of logistics expertise and long-term regional stability.As GVCs are revisited, redesigned and transformed, this will be reflected in investor preferences, in addition to any complementary initiatives that are implemented by regulatory authorities.
- The establishment of a competitive digital investment infrastructure has now become mandatory for positioning Investment promotion agencies (API) as favorable business environments, which was evident in the model of global economic recovery. This question will be explored during the session âAccommodation of virtual DFIs: no longer a wacky concept, but a prerequisiteâ.
- According to UNCTAD, only half of IPAs worldwide recognize the impact of attracting FDI to their national areas. the Special economic zones (SEZs) the âWalking the Talk Beyond Fiscal Incentivesâ session will discuss the rationale for creating ZES: what makes them mutually prosperous and sustainable in today’s business environment; and how to best develop their development through constructive partnerships.
- When selecting an FDI location, countries with a more skilled and more educated workforce tend to attract more entirely new FDI projects (UNCTAD, WIF). In the wake of workforce flexibility, countries are increasingly promoting diverse and digitally savvy talent pools to take advantage of FDI. The ‘Seizing the Opportunity to Attract and Retain the Talent Pool’ session will present an opportunity where policymakers and employers come together to tackle the issue of a functional and resilient workforce from a distance in the workplace. fragmented global economy today.
- Focusing on three regional topics that examine the economic landscapes of Africa, Asia and Latin America, the third day of FDI pillar activities will explore the risks, challenges and growth opportunities of regions that require a increased regional cooperation.
Mr. Dawood Al Shezawi, Chairman of the AIM Organizing Committee, said:
âSince the global pandemic, the Annual Investment Meeting has undertaken several innovative and technology-driven initiatives to transform the economy in a bottom-up direction. The platform continued to drive investment through smart solutions. She has also encouraged the development of several projects that add value for investors and the economy in general. AIM recognizes the continued success of the UAE and will serve as an instrument to further establish future economic developments and stimulate FDI inflows around the world.
The annual investment meeting continues to enjoy the support of several government ministries and departments, special economic zones (SEZs), smart city solution providers, venture capitalists, angel investors and several financial institutions. to offer SMEs and start-ups a multitude of opportunities. In addition to AIM’s FDI pillar, the annual investment meeting consists of five other pillars: i) the 50 initiatives pillar; (ii) the pillar of small and medium-sized enterprises (SMEs); iii) the pillar of future cities; iv) The Start-ups pillar; and v) the FPI pillar.
For more information on AIM 2022, please visit www.aimcongress.com.
About the annual investment meeting
The Annual Investment Meeting (AIM) is the world’s leading platform for foreign direct investment (FDI), aimed at facilitating strategic networking and promoting investment. It is the largest gathering of the international community of investors, policymakers, business leaders, regional and international investors, entrepreneurs, academics and leading experts, presenting information and strategies to day to attract FDI.
It brings together key decision makers from around the world, bringing together companies and countries willing to engage in lasting partnerships with investors. It offers a variety of features aimed at facilitating strategic networking and promoting investments while providing an engaging learning experience.
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Image 1: Dr Thani bin Ahmed Al Zeyoudi
Minister of State for Foreign Trade and Minister responsible for Attracting and Retaining Talent at the UAE Ministry of Economy
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Dr Thani bin Ahmed Al Zeyoudi