Dubai is looking to develop maritime sector
The Dubai Maritime City Authority (DMCA) has announced plans to enhance the competitiveness of the UAE’s maritime industry. In this context, the DMCA hosted on May 24, a delegation from the Ajman Tourism Development Department (ATDD), to share its pioneering experience at the national level. In addition, the city is looking into investing a $1 billion fund focused on shipping, according to Reuters.
The meeting highlighted the achievements in enhancing the attractiveness of the local maritime tourism and the development of visiting yacht policies in Dubai. In addition, the session focused on the best ways to improve maritime tourism by leveraging Dubai’s experience which has taken quantum leap in the development of the maritime sector’s legislative, legal, financing, maritime, logistics and operational services, addressing the present and future requirements.
DMCA shares pioneering experience on maritime sector with Ajman Tourism Development Department / Credit: DMCA
DMCA officials also underlined the most successful instances from Dubai’s maritime sector, which has resulted in it being ranked as the 10th in the list of the world’s top maritime capitals of 2017 and 5th among the world’s most competitive and attractive maritime clusters.
Ali Al Dabbous, Executive Director of Operations, Dubai Maritime City Authority, stated that the visit will enable them to learn from Dubai’s pioneering march to become the world’s leading maritime tourism destination. He emphasized the importance of joint cooperation with the ATDD and all federal government bodies in accomplishing the vision of the UAE’s leadership in enhancing the historical role of the maritime sector in the economic and cultural development of the nation.
“Dubai’s success in competing with the world’s largest maritime clusters puts us at the forefront to render our expertise in supporting national endeavors to promote the UAE as a world-class maritime tourism destination,” said Mr Al Dabbous.
DMCA is also looking at investing $1 billion focused on shipping to develop the Gulf city’s maritime sector, by providing help to Dubai-based owners, however there is no formal statement at the moment.
