WA Investments

WA Investments showcased at UAE congress

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Western Australia’s investment opportunities will be on display at AIM Congress, one of the world’s premier investment events, taking place from May 7-9 in the United Arab Emirates.

WA Investments, the State’s digital investment platform—a collaboration between CCIWA and Invest and Trade WA—will be exhibiting at the congress. This platform will spotlight WA’s top investment-ready projects to a global audience of investors.

The event in Abu Dhabi is expected to draw over 10,000 delegates from 175 countries, as stated on its website.

This congress provides small and medium businesses with a unique chance to connect with a wide range of investors, industry experts, and potential customers. It offers opportunities to gain valuable feedback, forge partnerships, and explore new growth and collaboration avenues.

“We are looking forward to promoting WA Investments and the innovative projects listed in the Middle East at the AIM Congress, which is one of the leading investment events in the world,” said Michael Carter, CCIWA’s Head of International Trade and Investment Centre.

“WA Investments has already attracted strong interest from the UAE, ranking sixth in terms of page views by country.”

Currently, WA Investments lists 53 projects with a combined value exceeding $6.4 billion across key priority and emerging industries. These include mining and METS, energy, primary industries, tourism and creative industries, infrastructure, advanced manufacturing, and health, medical, and science innovation.

Invest and Trade WA Commissioner India-Gulf Nashid Chowdhury emphasized the congress as an excellent opportunity to showcase WA’s strengths.

“With our recently signed letter of intent with the Abu Dhabi Investment Office, we are keen to grow investment, trade, and supply chain opportunities between WA and the UAE,” she stated.

“This year, we are looking forward to having a branded exhibition booth to promote the State’s key sectors as outlined in the Diversify WA framework.”

In 2022, UAE investment in Australia was estimated at $12.6 billion, according to the Australian Bureau of Statistics.

The Abu Dhabi Investment Authority, ranked as the world’s fourth-largest sovereign wealth fund, has invested in key Australian infrastructure, including ports, the TransGrid electricity network, and the Queensland Motorway project.

Other UAE sovereign wealth funds also have assets in Australia and are exploring additional investment opportunities.

The AIM Congress will feature workshops, conferences, exhibitions, regional focus sessions, side events, forums, an investors’ hub, gala dinner, networking opportunities, and awards for investment and start-ups.

Businesses interested in participating in the AIM Congress are encouraged to contact the Invest and Trade WA Dubai office.

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