Page 143 - MOE ENGLISH PR REPORT- NOVEMBER 2024

11/29/24, 9:35 AM UAE to become a global leader in innovation and entrepreneurship
Bin Touq said, “The tourism sector is considered one of the key sectors that foster economic relations
between the two friendly countries. In recent years, there has been remarkable progress in bilateral
cooperation in this vital sector, with a total of over 174 flights connecting the two countries per month,
operated by the UAE’s national carriers.”

He elaborated on the UAE’s efforts in developing the sector, highlighting the key role of the ‘UAE
Tourism Strategy 2031’ in supporting its sustainability and competitiveness. The strategy has set a
number of goals, including the strengthening of the UAE’s position as one of the best global tourism
destinations and raising the sector’s contribution to the national GDP to Dhs450 billion. Besides, it
aims to attract additional investments worth Dhs100 billion to the UAE’s tourism sector and attract 40
million hotel guests to the country - all in line with the ‘We the UAE 2031’ vision.

Furthermore, the meeting explored the potential for creating new opportunities in tourism, aviation,
and travel for the UAE and Indonesian private sector. It highlighted the significance of fostering
cooperation in Meetings, Incentives, Conferences, and Exhibitions (MICE) tourism and enhancing

dialogue between tourism companies in both countries. The ministers agreed on the importance of
implementing new training and recreational initiatives to stimulate increased tourism flows between
the two sides.

Also discussed was the importance of strengthening collaborative efforts to launch joint marketing
campaigns in the upcoming period, with the aim of promoting prominent tourist attractions and
destinations in both countries to increase the volume of mutual tourism flows.

At the end of the meeting, Bin Touq extended an invitation to the Indonesian minister to attend the
fourth edition of Investopia, set to take place in February 2025. The event will serve as an ideal
platform to explore the UAE’s abundant investment prospects for international investors and expand
partnerships across multiple economic sectors.

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