Sharjah Ruler to open World Forum for FDI 2015

SHARJAH, 7th February 2015 (WAM) — The 2015 World Forum for Foreign Direct Investment (FDI), organised by the Sharjah Investment and Development Authority (Shurooq), will kick off tomorrow Sunday at the Al Jawaher Reception and Convention Centre in Sharjah with an opening address by H.H. Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah.

The opening address will be followed by speeches by Sultan bin Saeed Al Mansouri, Minister of Economy of the UAE, Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Shurooq, and Sir Tim Berners-Lee, the inventor of the World Wide Web, who will present the opening session entitled ‘Leapfrogging Competition: Tech Strategy for Business’.

The opening day of the three-day forum will also be attended by top officials from local and international investment agencies and organisations.

Being organised under the theme ‘Where East Meets West’ and featuring a prestigious line-up of distinguished guest speakers from multinational companies from around the globe representing a spectrum of different sectors, the sessions of the 12th edition of the World Forum for FDI will cover a range of topics crucial to global FDI environment, including the importance of diplomacy in cross-border commercial transactions, developing talents and immigration, ports and infrastructure, and fostering partnerships between companies from the distinct Eastern and Western business cultures.

In addition to Sir Berners-Lee, the forum will present keynote addresses by Gurcharan Das, Former Chief Executive, Procter and Gamble India, who will be exploring the topic ‘India Versus China – Who will Win the Race?’ and Robin Chase, Founder and Former Chief Executive of Zipcar and Buzzcar, who will expound on ‘Building an International Business’.

The forum will furthermore include five top-tier panel discussions, namely ‘East Meeting West: Geopolitics and Foreign Direct Investment’, ‘Global Infrastructure: Enhancing FDI’, ‘Vanishing Frontiers: Cross-Border Financing Options for FDI’, ‘Navigating Bureaucracy: Breaking the FDI Barriers’, and ‘Developing Top Talent Part One: Trends Part Two: Workforce Development Part Three: International Mobility’.

Delegates, visitors, and speakers will also be taken on a tour of the SAIF-Zone – the Sharjah Airport International Free Zone – and will enjoy lunch in Heart of Sharjah, in addition to experiencing the Desert Safari.

The global event’s attendees will include CEOs and senior executives from notable local and international corporations, investment promotion agencies and economic development organisations.

Organising the World Forum for Foreign Direct Investment in Sharjah in 2015, for the first time in the Middle East, marks another prestigious milestone for the Emirate and is in line with the Emirate’s mission and strategy to attract investment and establish itself as a premier destination for high-level investment related conferences and events. In previous years the world’s leading FDI platform has been held in prime locations including Amsterdam, Brussels, London, Valencia, Bologna, Vilnius, Tallinn, Shanghai, and Philadelphia.

The World Forum for Foreign Direct Investment is being sponsored by the Sharjah Investment and Development Authority (Shurooq), Hamriyah Free Zone, the Sharjah Airport International Free Zone (SAIF Zone), the Department of Seaports and Customs – Government of Sharjah, the Sharjah Chamber of Commerce, Gulftainer, the Sharjah Commerce and Tourism Development Authority, and Tilal.

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SOURCE: Wam