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Dubai Institute of Technology to host first SMEs Forum
DUBAI - Economic Zones World (EZW), committed to drive Dubai and the UAE’s economic development through unique Economic Zone investment incentives, announced an ambitious initiative to vitalise industrial sector in the region.
EZW, through its Research and Development arm, TechnoPark’s Dubai Institute of Technology (DIT) will host the region’s first international Small and Medium Sized Enterprises (SME) Forum in Dubai. The Forum will provide a platform to high profile gathering of top regional and global industry experts at the event to have a serious dialogue on the prospects and challenges the SMEs face as global economy passes through slowdown.
DIT, in collaboration with the International Network of Small and Medium Sized Enterprises (INSME), is organising the event on April 21-23 at the Jumeirah Emirates Towers to provide a more focused thrust on industrial development in the country. The main aim is to use the Forum as a platform to enable the economy face the current global financial crisis in the most effective manner. TechnoPark, under which DIT functions, is an active member of INSME.
Salma Hareb, Chief Executive Officer of Economic Zones World, said that the DIT SMEs Forum is more than just an event. It is one of our major initiatives planned for 2009 aiming at stimulating industrial activities in the region to support steady economic progress even in times of financial slowdowns.
“The time has come for more targeted initiatives to make the economy even more resistant to crises. SMEs make one of the most potential development sectors in the region, and have played a leading role in the UAE’s economic progress.
The Free Zones, with their special investment features and incentives have made a huge difference to the operational ease of SMEs. Out of over 6,000 companies in Jebel Ali Free Zone, a large majority are SMEs. This puts Economic Zones World in a vital position to seek ways to support the sector.
Through DIT, we aim to boost the country’s technology-driven industrial development in energy, high-tech and environmental resource management sectors. The SMEs forum reflects this,” she commented.
business@khaleejtimes.com
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