The Abu Dhabi Chamber of Commerce and Industry has invited Australian companies to boost their industrial investments in Abu Dhabi, especially in aviation, space, defence, medicine, biotechnology, tourism, healthcare, equipment, services, transportation, trade, logistics, education, media, financial services and telecommunications.
The offer was extended by Mohammed Helal Al-Muhairi, Director-General of the Abu Dhabi Chamber, during an extended meeting with an Australian economic delegation, which was led by Graham Quirk, Lord Mayor of the City of Brisbane, the capital of Queensland State in Australia.
During the meeting, Al-Muhairi said that economic cooperation relations between the U.A.E. and Australia have witnessed considerable developments which is reflected in the figures of trade exchange between them reaching over AED 10 billion by the end of 2013 increasing from just AED 2 billion in 2000.
He emphasised the need to increase economic and investment relations between the two sides through establishing strategic partnerships between companies and businessmen in Abu Dhabi with their counterparts in Australia.
The Director-General urged Australian companies to boost and diversify their investments in Abu Dhabi, especially in the sectors that were envisioned by Abu Dhabi Economic Vision 2030. These sectors are projected to grow above 7.5 percent annually.
Al-Muhairi pointed out that all indices in Abu Dhabi are on a constant increase due to the adoption of the Abu Dhabi Economic Vision 2030, which aims to establish a flexible economy built on knowledge, sustainability and economic diversity.
A recent report released by the Abu Dhabi Chamber on the occasion of the visiting Australian delegation noted that the number of registered and operational Australian companies in Abu Dhabi has increased to 26, and the number of Emirati companies investing in Australia stands at 18 with investment in shipbuilding, petrochemicals, travel and tourism, telecommunications, oil and gas, shipping, food industries, financial and banking services, properties, transportation, goods, ceramics and porcelain industries areas.
Source : WAM News Agency for United Arab Emirates
