The organizing committees of the Annual Investment Meeting 2012 “AIM” have announced the completion of all preparations to host 30 Minsters, 45 Official Delegations and 4000 participants. The event will take place between 1st – 3rd May, 2012 at the Dubai Convention and Exhibition Centre.
Participating countries like China, Russia, China, India, Brazil, Argentina and Italy are looking at the event with great interest to explore more FDI opportunities, also to strengthen and renew mutual trade relationships between countries. This year event will focus on the fast developing economy and provide a “One Stop Shop” for the Investors, Public and private sectors in different segments. The participation of 30 ministers in the 2nd Annual Investment Meeting will defiantly highlight the importance of the event and the Impact AIM have made since its first edition in 2011.
Sheikha Lubna Al Qasimi, Minister of UAE Foreign Trade, indicated how important this event to the foreign direct investment as it will hold extensive and serious discussions about best practices and investment policies, the event will also see at the same time a set of alliances and partnerships with high economic returns for investors who believe in the long term investment strategy.
The 2nd AIM event will play an important role as an arena to create business partnerships and driving investment and economic growth locally, regionally and globally. The success in establishing the AIM event emphasizes on the important international role of the UAE and the emirate of Dubai and the country ability to attract the international investments.
“We are pleased with this high number of participant from more than 45 countries in the 2nd edition of AIM , which represents a meeting point for all parties concerned with the investment, development and sustainable development, at the same time plays an Important a platform to meet and discuss opportunities for joint cooperation in the medium and long term, achieve many goals and visions of the future,” David Al-Shezawi, CEO of Strategic Marketing and Exhibitions the organizing body of the event said.
At the participated countries side, India will be presented at the Annual Investment Meeting through high-level delegation in time the Indianan government has renewed its efforts to forge a consensus on opening the doors to global retailers in multi-brand retail, estimated to be about $550 billion market. The Indianan government has taken a series of laws and decrees to stimulate the investment environment in India, including allowing foreign direct investment by 100% for a single brand in the retail sector.
While China is seeking re-growth the foreign direct investment through the Aim 2012, especially after the receipt of foreign direct investment worth 29.48 billion dollars in the first quarter of this year.
Bulgaria is among the participating countries in this year meeting where its officials stressed on the unique investment opportunity in their country through the low licenses and local labor cost compared to other European countries.
The AIM event comes in time the leading global economies are going through difficult time, especially the Europe largest economies are busy at the moment trying to save the euro zone, as well as Japan who is making all efforts to get out of the Internal political and economic crisis. None of these economies has the time, resources and capital money to afford a new command in the global economy, at the same time, there are no reliable answers to meet the challenges without having a direct Involvement of the emerging markets such as Brazil, China and India, however, experts believe that it is necessary for these countries to focus on local development and the ability to withstand burdens that come with new responsibilities and the promotion of foreign direct investment, which is one of the hot topics on the agenda of this year’s meet.