Dubai woos Indian investors

A business delegation led by the Dubai's Department of Tourism and Marketing (DTCM) conducted Business Roadshow 2005 here on Wednesday.

The third in a series of five city roadshows, it aims to acclimatise Indian businesses to the opportunities available in the free zones in Dubai and thereby attract investments.

The delegation comprises senior representatives from various government organisations that include Dubai Airport Free Zone Authority, Dubai Chamber of Commerce and Industry, Dubai Silicon Oasis, Dubai Outsource Zone, Dubai Ports, Customs & Zone Corporation (JAFZA-Dubai Business Hub) and Emirates, the national carrier.

Speaking to mediapersons, Khalifa Ali Buamaim, manager (overseas promotion), DTCM, said, "The Business Roadshow 2005 started in Delhi with an MoU signed between the DTCM and the Confederation of Indian Industry (CII) that will bridge any existing gaps and assist Indian companies seeking to invest in Dubai."

James Adams, marketing communications manager, Dubai Silicon Oasis (DSO), said, "The DSO is targeting companies that fit into the semi-conductor supply chain. At the front-end, we are looking for companies into electronic design automation (EDA) tools for end-user applications like mobile, PCs, plasma TVs and at the back-end looking for application companies that are interested in manufacturing."

The delegation seeks to address 1,100 key organisations from five cities "� Delhi, Chennai, Hyderabad, Bangalore and Mumbai "� and from various sectors such as IT, BPO, FMCG, pharma, aviation, logistics and gem and jewellery.