Industry & Economy
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Foreign Trade
Dubai tourism dept, CII to sign MoU
Vimala Vasan
Abu Dhabi
,
Sept. 13
THE Dubai Department of Tourism and Commerce Marketing (DTCM) will sign a memorandum of understanding (MoU) with the Confederation of Indian Industry (CII) to strengthen commercial ties between the two countries.
The MoU will be signed by a delegation, which is visiting India for a series of road shows in five cities this week to highlight its economic strengths and business advantages to the business community in India , according to a statement from the department.
The agreement will allow the organisations to work towards stepping up bilateral economic and industrial initiatives in potential areas. The two partners will focus on manufacturing, trade and investment in key industries such as information technology, business process outsourcing, precious metals, pharma, aviation, food processing, consumer durables and fast-moving consumer goods.
The `Dubai Business Road Shows' are being conducted in Delhi, Mumbai, Chennai, Hyderabad and Bangalore under the umbrella of the DTCM. The co-participants of the road shows are Dubai Airport Free Zone Authority, Dubai Silicon Oasis, Dubai Chamber of Commerce and Industry, Dubai Outsource Zone, Emirates Airline and Jebel Ali Free Zone Authority. Over 2,500 companies have been invited across five cities, including CEOs of multinational organisations.
Mr Khalifa Ali Buamaim, DTCM Manager Overseas Promotions, said: "Dubai's progressive and liberal business environment will be highlighted during the road shows. We are confident that Indian business community and investors will be able to gain meaningful insights into the strengths and advantages of Dubai and how it can benefit them."
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