Dubai FDI launches skills development programme to drive investment and support services
The Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED), in partnership with the Conway Advisory and Global FDI Association, has launched the region’s first specialised programme to qualify leaders in the public and private sectors to successfully pursue foreign investment and support investors. Named ‘Dubai FDI Capacity,’ the programme is part of the strategic goals of Dubai FDI to strengthen Dubai’s position as a competitive investment platform and global hub.
Fahad Al Gergawi, CEO of Dubai FDI said: “The Dubai FDI Capacity programme is being launched as part of implementing the directives of His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince and Chairman of the Executive Council of Dubai, to focus on all aspects of driving investment into knowledge-based and high value-added economic activity.
“The programme will help align the skills of investment facilitators here with the changing global economic landscape and trends, thus enabling them to strengthen the role of public and private sector organisations in achieving the Dubai Plan 2021, and also to represent the UAE and Dubai, internally as well as externally.”
More than 35 representatives from the government, semi-government and private sectors, directly or indirectly involved in investment promotion and investor support, attended the programme in its first cycle. His Excellency Sami Al Qamzi, Director General of DED, awarded certificates to the participants.
Commenting on the diversity of participants, Al Gergawi said it’s indicative of the attractiveness as well as openness of Dubai as an investment destination and favourable growth environment.
“Dubai offers many opportunities for the business community and investors on account of its strategic location, modern infrastructure and excellent business environment. Through the Dubai FDI Capacity programme we seek to build the necessary human capital capable of translating these advantages into an added value for investors looking at new markets and sustainability,” added Al Gergawi.
The Dubai FDI Capacity programme emphasises particularly on the Dubai Plan 2021, which has led to a new growth cycle in the emirate and opened up investment opportunities across the infrastructure, services and knowledge sectors with the goal of creating a city of creative, empowered and happy people. Dubai’s advantages as a smart and sustainable city as well as a global economic hub enabling growth is highlighted across the programme content.
The inaugural programme was led by Andreas Dressler, a specialist in global FDI advisory who has two decades of experience in supporting enterprises worldwide on international expansion strategies. Participants were taken through global FDI trends, investment destinations, drivers of investment, successful approaches and best practices in investment promotion as well as the importance of differentiation and offering value propositions for investors.
Department of Economic Development
The Department of Economic Development (DED) is the government body entrusted to set and drive the economic agenda of the emirate of Dubai, UAE. The DED supports the structural transformation of Dubai into a diversified, innovative service-based economy that aims to improve the business environment and accelerate productivity growth.