(MENAFN - Khaleej Times) Driven by major developments taking place in the hotel industry the higher organising committee of the annual investment meeting or aim 2014 anticipates a spurt in foreign direct investment or fdi in the hospitality and entertainment sectors in the uae
Aim 2014 which is expected to attract more than 10000 visitors over three days will discuss diverse topics related to investments in the hospitality sector in emerging markets. establishing itself as one of the high-profile annual economic events in the region the aim has attracted more than 120 countries this year. investment in tourism will be a key topic on the agenda of the aim along with other vital issues facing emerging economies around the world. the event will draw representatives from government departments private sector decision-makers and leading drivers of the global economy.
Dawood al shezawi chief executive officer of the aim’s organising committee said: “in light of a series of directives by his highness shaikh mohammed bin rashid al maktoum vice-president and prime minister of the uae and ruler of dubai to simplify procedures for hotel investments in dubai we anticipate a huge interest from international investors keen to explore opportunities in the country. in addition the aim will also be discussing the prospects of investment in other emerging economies of the world.”
“the uae will see more hotel projects coming up in response to the government of dubai decree on creating an ideal investment climate. this will result in significant growth in investments in real estate and construction sectors in the near future especially since the preparations for expo 2020 are in full swing” he added.