DED to host Dubai Economic Outlook 2011 to highlight growth opportunities in key sectors

The Department of Economic Development (DED) in Dubai is initiating an annual one-day seminar programme to discuss the macroeconomic and the sectoral outlook for Dubai’s economy and encourage public-private sector dialogue and partnerships for economic growth. The Dubai Economic Outlook 2011, the first in the seminar series scheduled for Wednesday, March 30, 2011, will be addressed by senior decision-makers in the government and private sector. 

His Highness Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of the Dubai Economic Sector Committee, President of Dubai Civil Aviation and Chairman and CEO of Emirates Group, will deliver the keynote address at Dubai Economic Outlook 2011. 

The seminar aims to be a venue for government and business representatives to share their views on the macroeconomic and sector-specific opportunities and growth drivers in Dubai in 2011. Speakers will also highlight the strong linkages between Dubai and global economic growth and how Dubai can take advantage of the prevailing favourable economic climate. Other issues of direct relevance to Dubai’s economy will also be debated. 

The seminar is being held in line with DED’s commitment to the overall development, policy making and planning in relation to Dubai’s economic matters. 

His Excellency Sami Al Qamzi, Director General of the Department of Economic Development said that the seminar will be the first in a series of initiatives to foster effective and transparent dialogue within and between the public and private sectors on issues relevant to Dubai’s sustainable development. 

“Dubai expects healthy economic growth in 2011, driven by several favourable developments and supported by sizable infrastructure investments, accounting for 43% of the total budget and covers roads, transport, airports and civil aviation as well as tourism. In this backdrop, the Dubai Economic Outlook 2011 seminar will provide an overview of Dubai’s latest developments to further grow and sustain businesses in Dubai,” Al Qamzi said. 

“Dubai’s efforts to further develop and diversify its economy hinge largely on our traditional strengths, chiefly a business friendly environment, superior infrastructure and convenient access to the fast-growing markets in the world. The Dubai Economic Outlook 2011 seminar will demonstrate to the private sector and the global investor community how they can engage with Dubai and grow their business,” added Al Qamzi. 

The seminar will have sector outlooks on finance, logistics and transportation, trade, real estate, tourism, and retail, among others