$ 157 billion in government investment in state ports

Infrastructure Development Minister Abdullah Belheif Al Nuaimi said the volume of public investment in UAE development and expansion projects will reach 157 billion dirhams in the coming years, adding that the preparation strengthens the confidence in future growth prospects. Welcome Expo 2020 Dubai.

In his opening address at the Dubai Navy Summit in 2018, which was launched under the auspices of HH Sheikh Hamdan bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, The UAE Contribution in the regional maritime sector is estimated between 30 and 35%, which corresponds to 242.22 billion dirhams.

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The Dubai Marine Summit 2018 is a strategic platform to capitalize on the pioneering experience conducted by the Dubai Emirate, in light of the successive achievements that have resulted in attracting more than 7,400 active companies and more than 13,000 maritime and investment activities contributing to the creation of more than 76,000 jobs. .

Al Naimi added that the UAE is pursuing the development of the maritime sector, which contributes 5% to the national economy, as part of ambitious plans to increase its contribution to 25%, taking into account 39, the future of the maritime sector based on new tools of innovation and knowledge,, As a solid base to rank at the forefront of the best and most advanced countries in the world.

Serious efforts

He pointed out that the UAE's excellence in the global maritime map is the result of the continued support of our wise leadership, fruit of serious efforts to comply with international maritime conventions and the constant efforts of the public sectors and private to develop a strong maritime rally supported by advanced infrastructure, legislation and logistics unique to our country, home to 20 international ports. Many of them are among the top 10 ports in terms of advanced transportation and shipping infrastructure, as well as for their strategic location which connects the East and the Middle East. ;Where is.

Strong impetus

Sultan Ahmed Bin Sulayem, chairman of Dubai Port and Customs Corporation and Free Trade Zone, said: "The Dubai Maritime Summit 2018 represents a powerful boost for national and international efforts to develop the maritime sector as a locomotive of global and sustainable development.As an important strategic platform to identify the pioneering experience of Dubai and the UAE, which has become a force of influence in the global marine economy.

"Dubai is confident and firm in its path of excellence, with pioneering maritime groups such as Singapore, Hamburg, Oslo, Hong Kong, Tokyo, Copenhagen, Athens and London having reached the top of the world's maritime capitals. highlights the competitiveness and attractiveness of investments in the local maritime sector, 7,400 of the world's largest companies, compared to 5,500 in 2016, reinforce the expectations that this sector will contribute to an upward trend in GDP over the coming years .

New perspective

Mr. Amer Ali, Executive Director of the Dubai City City Authority, said: "The current session of the Summit focuses on a new perspective of innovation, within the framework of the partnership between the public and private sectors, which is the cornerstone for taking advantage of the tremendous opportunities for the marine sector locally and internationally, the success of the Summit drives us to continue our knowledge transfer efforts and to share the most successful experiences in technology and innovation in the world. maritime sector service, which today constitutes a major element of economic diversification far from oil.

5 sessions

The summit agenda witnessed five interactive sessions attended by personalities from the global maritime sector: the first was devoted to the reality of the maritime sector in the world and its future, while the second was was devoted to ships carrying goods and logistics and to the impact of its investments in information technology. The way the logistics industry treats its business. The discussions of the third session dominated the preparations and prospects of the major shipping markets.

The fourth session focused on China's one-way road initiative and the effects and opportunities of the maritime sector in the Middle East. The summit ended with the fifth and final session, which highlighted the issue of ship financing and financing options for shipowners, as well as the latest services and technologies in this area.

Price

The Dubai Maritime Innovation Awards, hosted by the Dubai Maritime City Authority, were honored at the summit.

Sultan Bin Sulayem, chairman of Dubai Port Corporation, Customs and Free Zone, said: "The recognition of innovators and innovators has been a positive sign of Dubai's presence as one of the leading maritime communities. more exclusive, competitive and comprehensive in the world. "The UAE has adopted an institutional approach and a culture of community," said Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister of the United Arab Emirates and ruler of Dubai.

He added: "We are proud of this award, and in particular to present it to His Excellency Mr. Abdullah Al Nuaimi, in honor of his exemplary leadership, driven by the innovation and courage that contributed to the development of the maritime sector in the United Arab Emirates and to be a symbol of pride and pride for the country "For an Arab country.

Honor companies

Prices were distributed to Gulf Energy of the United Arab Emirates, Al Bahar of Saudi Arabia, Clarksons Plato of the United Kingdom, Lukoil Marine Oil of Russia and Maersk of Denmark.

Pioneers of the maritime industry

The Dubai Maritime Summit in 2018 attracted the world's leading maritime sector, led by Espin Paulson, President of the Merchant Marine Chamber, and Mr. George Pateras, President of the Merchant Marine and Navy Assembly Greek, and Klais Bergland, vice-president of the European Shipowners Association. With the participation of more than 400 exhibitors from around the world, UAE 2018 Marine Week will attend a remarkable presence following the success of the 2016 event, with more than 8,000 visitors from the UAE united and around the world. .