UAE encourages SA to explore investment opportunities

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United Arab Emirates Economy and Planning Minister Adel Fakeih has urged the South African delegation to take advantage of the host country’s infrastructure.

Fakeih was addressing the business forum as the SA delegation seeks to attract investment to the local economy. The forum which aims to explore investment opportunities for the benefit of both countries.

The minister said UAE provides facilities and policies that encourage investment, adding that there is stability and security with an open economy.

Fakeih also lauded South Africa for the economic potential the country holds. However, he cautioned that to create a reality out of this potential, the private sector needs to be given a chance. – Afro Worldview Reporter

 

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