Page 509 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)
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10/28/25, 9:24 AM                         UAE, Africa agree on new investment mapping for tourism projects
        bolster the resilience of the tourism economy in the face of global challenges.
        The meeting focused on advancing co-operation to transform tourism from a cultural activity into a strategic

        pillar within the economic policies of the participating countries.

        It showcased the UAE’s model of tourism development and its success in attracting quality global investment
        to the sector, thereby enhancing economic diversification and contributing to national GDP growth.
        The discussions also underscored the vital role of international development agencies, global financial

        institutions, and the private sector in expanding Africa’s tourism industry.
        The joint ministerial statement from the African ministers identifies five key pillars to boost collaborative

        efforts: tourism, investment, sustainability, aviation & innovation.
        "Today, the UAE and Africa stand at a pivotal moment in developing a resilient and sustainable tourism

        sector. This milestone is marked by the launch of a new investment mapping featuring diverse tourism
        projects in the fields of aviation, logistics services, infrastructure, and the digital sector, with an estimated

        total value of approximately $6 billion and the potential to generate 70,000 job opportunities in various
        countries of the African continent," remarked Al Marri.

        This step aims to create a qualitative shift in the level of tourism partnerships between the UAE and Africa.
        It will also pave the way for regional and global business communities to participate in UAE-Africa tourism

        investment projects, thus enhancing the position of tourism as a fundamental pillar of sustainable and
        comprehensive economic development.

        He emphasised the importance of tourism co-operation in the next phase to build new partnerships between
        the public and private sectors with the aim of exploring and developing innovative financing and investment

        tools in various tourism activities.
        During the roundtable, ministers reviewed global and regional economic developments and their implications
        for the tourism sector.

        They pointed out that tourism, aviation, trade, technology, and enabling infrastructure are key drivers of
        sustainable and inclusive growth, job creation, and deeper regional integration.

        During the meeting, the ministers shared a vision of sustainable, inclusive, and resilient tourism-led growth
        that benefits communities, empowers women and youth, supports micro, small, and medium-sized

        enterprises, protects the environment, and safeguards cultural and natural heritage.
        They also recognised the catalytic role of private investment, sound policies, and effective public–private

        partnerships in delivering quality infrastructure, services and skills, it added.-TradeArabia News Service


















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