RASHA TBEILEH (ABU DHABI)
Representatives from countries participating in the World Investment Forum (WIF) in Abu Dhabi confirmed that the forum is an ideal platform to showcase investment opportunities in their countries and strengthen partnerships with nations worldwide, with a focus on promoting sustainable investments. The aim is to establish Abu Dhabi as the investment platform to and from the world.
In meetings with Aletihad during the investment village exhibition, held on the sidelines of the forum’s activities, the representatives indicated that their participation aims to bolster investment ties with the UAE and forge partnerships to achieve sustained investment growth for their countries.
Mohammad Ridwansyah Saidi Ungsi, the Director of the Indonesia Investment Promotion Centre at the Indonesian Embassy, highlighted the forum’s importance and Indonesia’s participation in it, especially in the investment village. Notably, Indonesia is the fourth most populous country globally, with 275 million inhabitants.
He added: “We have many natural resources, such as copper and nickel, and numerous investment opportunities to present to global investors, such as the supply chain for electric vehicle batteries. Additionally, Indonesia is the world’s largest palm oil producer.”
He emphasised that the forum is a valuable platform to display investment opportunities in Indonesia and collaborate with global investors, enhancing investment relations with the UAE.
Investment Returns
Makar German, Deputy Trade Representative for the Russian Federation in the UAE, said: “We participate in the investment village at the World Investment Forum, as we witness annual growth in investment returns.”
He added: “The UAE market is one of the most vital investment markets for us, especially now. We always aim to achieve sustained growth in our investment returns. “We believe our partnership with the UAE will grow stronger year after year.
“We look forward to the significant event of COP28 to represent our various projects in green economy, hydrogen, solar energy, and showcase our sustainability programmes.”
Private Investments
Carole Versteeg, Deputy Director General of the Investment Promotion Centre in the Ivory Coast (Côte d’Ivoire), said: “As Côte d’Ivoire, we are proud to be a part of the World Investment Forum in its eighth edition in Abu Dhabi.” She added: “As an investment entity, we showcase the opportunities Côte d’Ivoire offers to the UAE, especially the private sector.
“We present our national development plan, which relies on the private sector, as our country has a vision and strategy based on 70% private investments and 30% public investments.”
She noted that in the past decade, the country’s Gross Domestic Product (GDP) has grown by more than 7% annually, representing 40% of the total GDP of the West African region. Versteeg said: “Our goal in participating in this forum is to enhance our cooperation with the UAE, especially with the private sector, attract more investments from this region, and strengthen sustainable relations between the two countries.”
Sustainable Development
Mohamed Salem of the Mauritania Investment Promotion Agency said: “We are participating in this important forum in Abu Dhabi today to showcase investment opportunities in Mauritania, especially those related to sustainable development.”
He added: “We also present opportunities related to infrastructure, animal development, agriculture, renewable energy, livestock wealth, and fisheries. “Mauritania is an essential and strategic partner for the UAE, and we make sure to attend all conferences and forums in the UAE because it is one of the most significant investment hubs in the world.
“Our aim from this participation is to attract investors for successful partnerships between Mauritania and both private and public sectors from various countries worldwide.”