Page 290 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/15/25, 5:04 PM AIM Congress 2025 enhances investment cooperation prospects between UAE, Japan, Africa | Business | emirates7
of Economy, welcomed the potential for enhanced UAE-Japan cooperation. “I hope
today’s exchange marks the beginning of deeper collaboration between our two

countries,” he stated.

Hiroshi Miura, Senior Manager at NTT DATA Group, introduced IOWN technology

and its potential to revolutionize global data transmission. “IOWN utilizes light-based
data transfer to deliver ultra-high bandwidth and minimal latency, paving the way for

breakthroughs in sectors like finance and healthcare,” he explained.

Takaaki Nakamura, Director at NIFCO Inc., spoke about sustainable manufacturing

and the widespread presence of NIFCO products in daily life. “In Japan, you’re rarely
more than a metre away from a NIFCO product,” he noted.

In a parallel session, the Africa Regional Forum explored the theme "From Zones to

Impact: African SEZs Reimagined," focusing on transforming Special Economic Zones
(SEZs) into innovation-led and inclusive economic hubs.

Laura Paez from the United Nations Economic Commission for Africa (ECA) observed
the significant growth of SEZs across Africa—from just 20 in the 1990s to more than

237 by 2020. However, she pointed out that many still struggle with infrastructure and
economic diversification. “SEZ 2.0 is emerging as a model centred on technology,

regional integration, and value creation aligned with development goals,” she said.

Jasveer Singh, Cluster Director at Arise IIP, emphasized sustainable industrial growth

through public-private collaboration. “Our focus is on addressing industrial gaps and
enabling large-scale, value-added production. These zones are more than industrial

areas—they’re catalysts for inclusive economic progress,” he said.

Dr. Manuel Francisco Pedro, Chairman of the Luanda-Bengo SEZ in Angola,
underscored the importance of robust governance and infrastructure. “For SEZs to

support AfCFTA objectives, they must enhance intra-African trade, standard
harmonization, and a stable investment environment. Institutional backing and sound

governance are essential,” he asserted.

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