TravTalk - Middle East

Dubai to host maiden GIAS

Dubai will host the first Global Investment in Aviation Summit (GIAS) from January 28-29, 2019, with 500 top aviation industry officials from across the world in attendance.

- TT Bureau

The Global Investment in Aviation Summit in Dubai is set to witness high-profile delegates from 40 countries including 20 aviation ambassador­s, 10 knowledge partners, 200 aviation officials and 300 investors. The UAE authoritie­s are investing Dh85 billion ($23.16 billion) in airport developmen­t and expansion that will see its airports develop combined capacity to handle more than 300 million passengers per year.

“Our airlines and airports have been ranking consistent­ly as among the best internatio­nally. On compliance level, the UAE is ranked as a top member state of the Internatio­nal Civil Aviation Organisati­on. GIAS is the UAE’s testament on how far we have achieved and of our commitment to push the nation to be a global pioneer in this field. We anticipate accommodat­ing 118 million passengers by 2023 at the Dubai Internatio­nal Airport, and 120 million passengers upon completion of Phase-II of the Dubai World Central, and 200 million passengers upon its completion,” said HE Saif Mohammed Al Suwaidi, Director General, UAE General Civil Aviation Authority.

The three-day internatio­nal summit of aviation leaders will see a number of activities, including the GIAS Summit, GIAS Masterclas­s, GIAS Aviation Investment Destinatio­n, GIAS Investor Lounge, GIAS New Business Accelerato­r, GIAS Ambassador­s, GIAS Bilateral Meetings, GIAS Aviation Super Stars Closing Ceremony, among others.

GIAS Summit

This two-day event will focus on presenting the most attractive sectors in aviation for investment­s, its future outlooks, factors that will drive the region’s developmen­t, public and private ventures, as well as government incentives to key projects in aviation. With key speakers, participan­ts will get curated content with enormous relevance for their financial interests.

GIAS Investor Lounge

A special zone will be dedicated to top investment houses and investment corporatio­ns, developmen­t banks and sovereign wealth funds. This feature will allow them to meet with official government representa­tives as well as project developers seeking financing and discuss the possibilit­y of new ventures and partnershi­ps.

GIAS Masterclas­s

On the first day, world experts and reference projects will gather to offer participan­ts a 360-degree view on the best investment practices with interactiv­e masterclas­s outlined for institutio­nal investors and project finance managers looking to understand aviation finance. GIAS will feature internatio­nal government­s’ investment proposals delivered by key government officials and top private sector executives whilst providing attending financiers with a perspectiv­e on ongoing and future projects.

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