New Working Group to drive investment in Ajman
Under the resolution, Sheikh Abdulaziz bin Humaid Al Nuaimi, a member of the Executive Council, is tasked with overseeing the Group's activities. He is empowered to issue the necessary regulatory frameworks and appoint a chairman from among the Group's members, ensuring a clear governance structure and effective leadership from within.
Broad investment mandate across key sectors
The Group, comprising representatives from key investment-related entities, is charged with identifying high-potential global markets and mapping out prime investment opportunities in vital sectors. These include manufacturing, infrastructure, education, the digital economy, and tourism. The overarching goal is to align these efforts with Ajman's economic development priorities and attract impactful investments.
Promoting Ajman globally through tailored initiatives
As part of its responsibilities, the Group will develop a suite of legislative and procedural incentives tailored to investor needs. In addition, it will organise programs that engage both economic and official delegations, craft a cutting-edge digital marketing strategy to highlight Ajman's competitive advantages, and ensure consistent participation in key global economic events to enhance the emirate's international profile.
Building on momentum from strategic partnerships
The resolution follows a productive visit by Ajman's government delegation to Chongqing, China, in May, led by H.H. the Crown Prince. The visit marked a turning point in strengthening Ajman's global ties and opened new pathways for cooperation with international partners. The outcomes from that mission are now being formalised and integrated into the Group's strategy to attract and promote investment in the emirate.
Alignment with Ajman Vision 2030
The resolution is directly linked to the broader aspirations of Ajman Vision 2030, with the Group's performance measured against clear benchmarks. These include increases in total investment inflow, the number of international companies establishing operations in Ajman, growth in GDP attributed to new investments, and greater investor trust in the emirate's economic landscape.
Organisational structure and mandate
The Group has been granted a renewable two-year mandate. Its work will be supported institutionally and administratively by the General Secretariat of the Executive Council, in coordination with relevant local and federal authorities. This ensures full alignment with both Ajman's and the UAE's overarching economic policies.
Enhancing Ajman's investment climate
This initiative embodies the Ajman government's integrated vision to enhance its investment climate. It is expected to stimulate the flow of high-value projects, expand the emirate's economic base, and reinforce Ajman's status as an increasingly attractive destination for global investors.
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