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Joint efforts between UAE and Germany to encourage German companies explore investment opportunities across maritime sector in Dubai
Dubai, United Arab Emirates: Dubai Maritime City Authority (DMCA) has discussed ways to enhance joint maritime cooperation and explore potential maritime-based investment opportunities between Dubai and Hamburg. This was announced during a recent visit made by German trade delegation headed by Prof Dr. Hans-Jorg Schmidt-Trenz, CEO, Hamburg Chamber of Commerce and Corinna Nienstedt, Executive Vice President and International Director, Hamburg Chamber of Commerce to the DMCA offices recently.
The delegation was met by Amer Ali, Executive Director, accompanied by the Authority's senior executives and managers. During their visit, Ali stressed on the importance of consolidating ties between the two countries, especially across the exchange of knowledge and experiences, which can help serve common goals and visions set by the UAE and Germany.
Ali said: "DMCA believes in the importance of working together to reflect future ambitious aspirations--leading us towards intensifying efforts to enhance bilateral maritime relations between Dubai and Hamburg. This visit is an important move that will support our tireless efforts to enable German companies to optimally benefit from promising investment opportunities within the local maritime sector, which has seen steady growth over the past few years. The experienced increase can be attributed to the unlimited support given by the country's wise leadership and the tireless efforts exerted by the DMCA to establish solid legislative standards and guidelines that will improve the performance, safety, efficiency and competitiveness of the maritime sector, which in turn will help strengthen Dubai's status as a world class global maritime hub."
In response to the warm reception that they received, the delegates from Hamburg praised the authority and their move to support the country's efforts to position Dubai as an attractive maritime hub for potential regional and international investors. The delegates also lauded the DMCA's continuing commitment in strengthening the competitive advantages of Dubai on the maritime level--regionally and globally, through developing world-class standards and guidelines and the upgrading of infrastructure, operational processes, logistics and diversifying investment opportunities.
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© Press Release 2015
