ABU DHABI: A high-level delegation comprising more than 50 persons, including representatives from the Ministry of Economy and the Council of Small and Medium-Sized Enterprises and Projects, the SMEs Council, key businessmen and entrepreneurs, and other government officials, is set to visit Malaysia with the chief aim of exploring potential business and investment opportunities that both countries can benefit from.
The trip, which is organised by the ministry and the SMEs Council, will include key visits to some of Malaysia’s leading innovation centres and business incubators. In addition, the UAE delegation will also be participating at this year’s edition of the Small and Medium-Sized Enterprises Annual Showcase, SMIDEX, which will be held from May 16th to 19th at the Kuala Lumpur Convention Centre. Both the scheduled visits and the forthcoming participation at SMIDEX reflect the delegations’ chief objective of giving local entrepreneurs the advantage of gaining leads, knowledge, and experience as well as establishing international business partnerships and networks.
Sultan bin Saeed Al Mansouri, Minister of Economy, said that the ministry aims to regulate and further develop the UAE’s SME industry and other national business pioneering sectors in line with UAE Vision 2021, national economic diversification policies, and knowledge economy transition efforts. He noted that the SME sector contributes more than 60 per cent to the country’s gross domestic product.
