A Pre-Dubai Expo Event To Familiarize Hong Kong And Mainland Business Communities To Tap Into The Booming Markets In The UAE

Senior executives from more than 150 local and mainland businesses joined an online forum jointly organized by the Consulate General of the United Arab Emirates (UAE) in Hong Kong and the Chinese General Chamber of Commerce (CGCC) on 12th July to learn and explore business opportunities in the UAE, which has Hong Kong and mainland China among its leading trade partners.

The UAE Investment Opportunities Webinar was organized as a prelude to the Expo 2020 Dubai which is due to begin on 1st October this year. At the webinar, 10 representatives from heavy-weighted investment authorities from Abu Dhabi, Dubai, Sharjah and Ras Al Khaimah (see Annex) presented their projects on real estates, finance, creative industry and healthcare, which are lucrative opportunities for foreign investors. They also shared information about investment regulations and the latest business environment in the UAE.

In her opening remarks, Mariam Alshamsi, UAE Acting Consul General to Hong Kong, encouraged local business communities to tap into the UAE’s booming markets in FinTech, blockchain technology, healthcare, medical tourism, education, culture and arts, riding on the opening of the Hong Kong Economic and Trade Office (HKETO) in Dubai this year.

CGCC Permanent Honorary President Dr Jonathan Choi reflected that the CGCC has been working closely with the UAE for a very long time, building connections with local chambers and businessmen. He commended that “UAE has a well-established infrastructure, stable political system and one of the most liberal trade regimes in the Gulf region.” Hence, the UAE continues to be increasingly important, relevant, and attractive to investors around the world.

Calling for participation in the Expo 2020 Dubai in October

Upon the conclusion of the much-anticipated UAE Investment Opportunities Webinar, the Consulate encouraged all parties who are interested in the Belt and Road Initiative to partake in the Expo 2020 Dubai, a mega event set to take place from 1st October 2021 to 31st March 2022, that will bring together delegates of corporations, governments and non-governmental organizations from 192 countries and regions to discuss and explore the opportunities to collaborate on business, mobility and sustainability, connecting dozens of millions of people.