Ajman: The first meeting of the "Investment Attraction and Promotion Working Group for the Emirate of Ajman" was held under the leadership of Sheikh Abdulaziz bin Humaid Al Nuaimi at the Executive Council's General Secretariat. The meeting concluded with the appointment of Sheikh Sultan bin Mohammed Al Nuaimi as the Group's chairman for a two-year term.
According to Emirates News Agency, Sheikh Abdulaziz emphasized the strategic importance of forming the Group to enhance Ajman's investment competitiveness. He highlighted the diverse expertise within the Group as crucial for developing innovative solutions to improve Ajman's business environment. He encouraged members to be bold in their investment proposals and to leverage opportunities presented by global dynamics.
Sheikh Abdulaziz stressed the role of modern technology in facilitating investment decision-making and adapting investor targeting strategies. He noted the importance of flexibility and professionalism in addressing the varying needs of investors, advocating for a tailored approach to create an attractive investment climate in Ajman.
In his conclusion, Sheikh Abdulaziz called for intensive efforts guided by measurable performance indicators to elevate Ajman's regional and global investment status. He thanked the Group members for their contributions and emphasized the significance of collaborative work and institutional integration in achieving the Group's objectives. He affirmed Ajman's potential to develop a promising investment ecosystem and the need to activate these qualities within an ambitious framework.
The attendees underscored the need for transparency, law updates, and improved performance metrics. They advocated for attracting high-value-added investments for a sustainable economic impact. The meeting resulted in recommendations to enhance the Group's efficiency, including using new investments as a performance metric and implementing a four-month preparatory action plan.
The recommendations also included forming specialized sub-teams for specific investment sectors and submitting interim reports to the Chairman of the Executive Council. Continuous coordination with relevant government agencies was emphasized to ensure integrated efforts for launching targeted investment campaigns locally and internationally.