The Dubai Department of Economic Development (DED) hosted a high-profile delegation from Colombia headed by His Excellency Luis Plata – Minister of Trade, Industry & Tourism, and His Excellency Guillermo Vanegas – Ambassador of Colombia in Cairo. The delegation is touring Dubai to strengthen bilateral relations and evaluate investment and business opportunities in the Emirate.
The Colombian officials and entrepreneurs representing agriculture, food, transport & shipping, and steel industry firms were introduced to an overview of the procedures and regulations necessary for setting up businesses in Dubai, and the DED’s role in enhancing the growth of the Emirate’s business sector.
His Excellency Mr Sami Al Qamzi, DED Director General, received the delegation accompanied by Mr. Khalid Al Kassim, Deputy Director General for Planning and Development; Mr Ali Ibrahim, Deputy Director General for Executive Affairs, and CEOs of DED’s four key agencies.
“The UAE and Colombia share strong trade and economic relations, and we are confident that the visit of the high-level delegation will further enhance joint co-operation and investment opportunities, especially in the food industry including agricultural products, seafood & processed foods, as well as textiles and garments,†said Mr Al Qamzi.
“Dubai Government plays a key role in enhancing the competitiveness of the emirate by improving infrastructure, and adopting pro-investment policies, legislation and incentives, which have contributed to enhance the stability of Dubai’s economic environment. DED has joined hands with other government organisations in boosting the emirate’s economy in line with the Dubai Strategic Plan. We are confident the Colombian businesses leverage the growth opportunities offered by Dubai for mutual growth,†added Mr Al Qamzi.
During the meeting, DED and the Colombian delegation reviewed potential areas of investment and how to develop and build cooperation in joint venture projects by encouraging the proactive involvement of the private sectors and businessmen from both countries to tap effectively investment opportunities in the two countries.
Mr. Al Qamzi said that the DED reviews procedures and systems to simplify the steps for doing business and providing suitable investment options.
About Department of Economic Development (DED):
The Department of Economic Development (DED) is the government body entrusted to set and drive the economic agenda of the emirate of Dubai, UAE. 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.
DED and its agencies develop economic plans and policies, identify and support the growth of strategic sectors, and provide services to domestic and international investors and businesses.
