DuBiotech and EnPark del­e­ga­tion pro­mote bi­lat­eral trade re­la­tions with UAE

Power Watch India - - DESPATCHES NATIONAL -

Ex­ec­u­tive Di­rec­tor, Dubiotech.

“The UAE and In­dia are both grow­ing at ex­po­nen­tial rates. GCC coun­tries are ex­pected to see an av­er­age eco­nomic growth of 4.1 per cent in 2015 on the back of ro­bust non­hy­dro­car­bon ac­tiv­i­ties and large bud­get sur­pluses, ac­cord­ing to a re­port by The Co­face Group. This shows great prom­ise in a largely un­tapped mar­ket for In­dian com­pa­nies, and we are ex­cited to of­fer world-class fa­cil­i­ties for In­dian com­pa­nies look­ing to set up a Mid­dle East hub in the UAE. We al­ready host over 10 In­dian firms within our free zone. We look for­ward to be­ing a part of the In­dian growth story,” said Mar­wan Ab­du­laziz, Ex­ec­u­tive Di­rec­tor, Dubiotech.

M K Nan­daku­mar, Chair­man, CII MSME sub-com­mit­tee and CMD, Chemtrols In­dus­tries Ltd said, “The out­look for UAE’s econ­omy is strong with Abu Dhabi’s oil sec­tor un­der­go­ing ex­pan­sion and Dubai’s com­mer­cial trade con­tin­u­ing to re­bound. This is the ideal time for in­vestors to se­ri­ously look for in­vest­ments in new tech­nolo­gies which will be the back­bone for any sus­tain­able de­vel­op­ment.”

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