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Abu Dhabi Chamber of Commerce & Industry
07 October 2010

ADCCI Takes Part in the Second EFEF & Exhibition

The Abu Dhabi Chamber of Commerce & Industry (ADCCI) is participating in the 2nd European Future-Energy Forum (EFEF) & Exhibition which is due to be held at the ExCel Centre in London from the 19th – 21st of October. The chamber’s participation in the event is in its capacity as a supporter of Abu Dhabi’s strategic project “Masdar” and as part of its care for boosting and bolstering the strategy of sustainable development in the Emirate of Abu Dhabi.

Being one of the largest and most important renewable energy-specific forums and exhibitions attracting senior officials, high-profile businessmen and investors from different parts of the world, the ADCCI’s participation in the event gains paramount importance in view of the number of national UAE-based organizations taking part in the exhibition, along with a participating elite of the most renowned decision-makers, experts, academics and international specialists in the fields of renewable energy and clean technologies. The forum would provide them with an ideal platform for constructive discussion and dialogue on pressing challenges being encountered by the renewable energy industry, in addition to exploring trade and investment opportunities and showcasing state-of-the-art technological inventions and solutions in the realm of renewable energy and clean technologies.

Commenting on joining the event, HE Mohamed Rashed Al Hameli, ADCCI Director-General stressed that “It is subsumed under ambitious plans being sought by Abu Dhabi through promoting the unrivalled image of the emirate regionally and internationally, together with the promising investment climate available to businessmen and investors from all sectors, particularly that of renewable energy which is now drawing great attention on the part of the government. Numerous considerably ambitious initiatives and steps have been assumed by the government in this respect and represented in establishing such an advanced infrastructure through the city of “Masdar” that would help improve the future-energy sector and cater for its various, diverse requirements to the full”.

The strategy of economic diversification Abu Dhabi is striving to achieve through Abu Dhabi Economic Vision 2030 has contributed to accelerating vital economic sectors at the fore of which is the industrial one via the establishment of specialized industrial zones offering massive benefits and sophisticated service to investors and businessmen, not to mention the easy access to all neighbouring countries and to the world at large through different land, sea and air outlets, Mr. Al Hameli added.

Speaking of participating in the second round of the forum and its accompanying exhibition, he underlined that “Presence at various international gatherings and exhibitions yields a wide spectrum of benefits, including meeting with decision-makers, businesspeople and investors from all quarters of the globe, reinforcing relations with other ADCCI’s counterparts and international partners, exchanging ideas and notes on the most up-to-date approaches, not to say conducting talks and discussions regarding potential joint projects and initiatives in future”.

Moreover, the ADCCI Director-General praised the standard of economic ties attained by the UAE and the UK, pinpointing that “The UK is a major trade partner linked to the UAE by advanced relations and well-established amity”.

In the course of his talk, Mr. Al Hameli also noted that the volume of UAE-UK foreign trade, including imports, exports and re-exporting, had by the end of 2008 touched 30 billion dirhams, while the total two-way trade turnover between Abu Dhabi and the UK hit 3.9 billion dirhams late in 2009.