DuBiotech and EnPark delegation promote bilateral trade relations with UAE
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.”