With plans to position the capital as a globally recognised leader in medical tourism and recent plans to enable companies in free zones to establish a dual license – Abu Dhabi looks to boost investment
With Abu Dhabi looking to stimulate its economy and inject a healthy mix of investment, the capital has rolled out several initiatives. Just last week, the Department of Culture and Tourism Abu Dhabi, signed an MoU with the Medical Tourism Association to position Abu Dhabi as a global medical destination.
The MoU agreement aims to build a medical tourism proposition for consumer markets in several key areas including Russia, China, India and across the GCC.
Saif Saeed Ghobash, Undersecretary of DCT Abu Dhabi, said: “This agreement between our two organisations is in line with our mandate to promote Abu Dhabi on the world stage and to support Abu Dhabi’s Economic Vision 2030, which is designed to guide our emirate’s growth and development. The experience and knowledge shared under this MoU will greatly enhance the emirate’s ability to appeal to our intended markets as we look to increase the contribution of medical tourism to the UAE’s economy.”
Another initiative from the government – announced in September – saw the Abu Dhabi Department of Economic Development announce that companies in free zones will be able to operate in the mainland under a dual license.
The move means that companies will reduce the cost of doing business and attract international companies to the capital. The dual license is the latest in a series of initiatives launched by the government and is linked to the three-year AED 50-billion stimulus package unveiled earlier this year to boost the economy, attract local and foreign investment, and create jobs.
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