Ajman: The Ajman Department of Tourism, Culture and Media (ADTCM) has entered into a Memorandum of Understanding (MoU) with 'Ajman Auto District' to enhance cooperation in boosting the business and investment environment of the Emirate.
According to Emirates News Agency, the strategic agreement supports efforts to position Ajman as a regional leader. It aims to create a business-friendly atmosphere for investors, visitors, and entrepreneurs by providing incentives and shared services. This initiative is intended to strengthen the automotive sector and its related services, thus reinforcing Ajman's commercial and investment landscape.
The MoU was signed by Sheikh Abdullah bin Ahmed bin Humaid bin Rashid Al Nuaimi, Vice Chairman of the Board of Directors of 'Ajman Auto District', and Mahmood Khaleel Alhashmi, Director General of ADTCM, with key officials from both entities in attendance.
Sheikh Abdullah Al Nuaimi emphasized that the MoU represents a significant achievement in the development of the automotive sector and its related services in Ajman. He noted that the cooperation aims to provide integrated solutions to support investors and entrepreneurs, aligning with the Emirate's vision to enhance its regional competitiveness.
Mahmood Alhashmi remarked that the MoU is a crucial milestone in strengthening public-private cooperation. He expressed confidence that collaboration with 'Ajman Auto District' will help create a more attractive and competitive business environment, further solidifying Ajman's status as a leading destination for investments and innovations.
The agreement lays out plans for increased collaboration between ADTCM and 'Ajman Auto District', including organizing events, exhibitions, and joint promotional activities to showcase Ajman's assets. It also involves developing solutions to empower investors and institutions to benefit from services offered by both parties.
Through such strategic agreements, ADTCM aims to forge impactful partnerships with public and private sector institutions across the UAE, with the goal of elevating Ajman's position and appeal on both regional and global scales.