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Mark Mobius

Mark Mobius

BRI project owners to woo investors at Dubai summit

20-02-2020

More than 1,000 senior officials from many countries will gather at the Belt & Road Summit 2020 in Dubai in April.
 
Organised by Apollo Group under the name of ODO, the summit, on April 15 and 16, will see some of the major Belt and Road Initiative (BRI) projects from 70+ countries being highlighted to connect with giant financial institutions, consulate generals, top-notch investors, legal counsels and many government agencies while unlocking huge foreign investment opportunities. 
 
New project contracts worth $127.7 billion in 61 countries by Chinese companies under the BRI porject has increased international attention, especially in the Middle East region. In 2019, China had a banner year for bringing nearly 152 countries to join hands in developing the next level of economic growth and global trade. The UAE signed deals worth $3.4 billion through Belt & Road Initiative.
 
Among 60+ keynote speakers a the summit, Dubai South's CEO - Logistics District, Mohsen Ahmad, said: "Logistics and supply chain are at the heart of the BRI global development and Dubai has a clear strategy which reflects its strong support to this project through the Dubai Silk Road Strategy. The Belt and Road Summit 2020 provides Dubai South with the ideal platform to showcase its efforts towards helping achieve this strategy. Through its infrastructure, facilities, business solutions, and supportive policy environment, Dubai South has been enabling organizations from around the world to tap Dubai's uniqueness as a hub for the successful implementation of the BRI."
 
In an in an interview leading up to the summit, Mark Mobius, an American emerging markets fund manager and founder of Mobius Capital Partners, said: "As an Emerging Market Investor, I am very aware of the critical role infrastructure development plays in unlocking a countries growth potential. At the same time, infrastructure is an investment opportunity for investors like us. The Belt & Road initiative is probably the largest global infrastructure program ever initiated and I look forward to talking to the people involved in this major enterprise at the Belt & Road Summit in Dubai."
 
Commenting on the participation at the summit, Dr Ramadan Alblooshi, CEO of Dubai Healthcare City, who will be presenting a keynote at the summit, said: "Economic evidence confirms that the status of population health is associated with economic growth. The relationship is dynamic and a fundamental priority of any community. With aging population, incidence of chronic illness and evolving Healthcare technology, there is a very delicate balance for policymakers to continuously advance developments. Our challenge is to harmonize well-being and economic policies to improve the outcomes."
 
Some of the partners include OBOR Europe, Belt & Road Sri Lanka and Silk Road Association, to name a few. -TradeArabia News Service
 



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