Page 41 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1

Press Release

In his speech at the Summit, H.E. added: "The UAE stands as one of the most attractive global
investment destinations, thanks to its flexible regulatory framework, world-class infrastructure,
and tailored investment incentives that promote entrepreneurship and innovation. Moreover, the
UAE is actively strengthening its international partnerships in vital industries such as renewable
energy, advanced technology, financial services, and space, while also driving strategic initiatives
in food security and transportation, unlocking new avenues for UAE-India business collaboration
in the years ahead."

The Minister of Economy highlighted Kerala’s strategic location along the Indian Ocean, coupled
with its advanced infrastructure and skilled workforce, which make it an attractive destination for
international investors. He pointed out that the state offers promising opportunities in sectors such
as sustainable technology, healthcare, tourism, fintech, food security, water management,
transportation, and energy, which also aligns with the UAE’s vision to diversify its economy and
foster new avenues for collaboration at the private sector level.

H.E. urged the Indian business community to capitalize on the UAE’s investor-friendly
environment and strengthen collaborations with its private sector, which boasts a strong global
footprint, enhanced competitiveness, and extensive experience in executing large-scale projects
across strategic industries.

Furthermore, H.E. Bin Touq highlighted the UAE-India joint space project under the ‘I2U2
initiative’, which aims to develop cutting-edge technological solutions to tackle environmental and
climate challenges, reflecting the depth of economic and technological cooperation between the
two nations.

During the visit to the South Indian state, H.E. also attended the opening ceremony of the Calicut
Health Center, where he was briefed on the latest digital innovations and advanced medical
technologies. He emphasized that healthcare is now a pivotal sector within the global economy,
witnessing rapid advancements fueled by technology and innovation. This transformation
positions it as an attractive investment domain and enables it to play a vital role in economic
expansion, sustainability, and the evolution of modern economies by driving job creation,
stimulating R&D, and improving overall quality of life.

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