Cadez: UAE investors interested in Serbian innovative companies

The president of the Chamber of Commerce and Industry of Serbia (CCIS), Marko Cadez, officially visited Dubai, where he met with various investors from the United Arab Emirates.

He said that UAE investors “have expressed a great interest in investing in high-tech, fast-growing Serbian companies” and announced the opening of a CCIS office under the auspices of the Dubai Chamber of Commerce.

As the CCIS says in its press release, Cadez presented the conditions of doing business in Serbia at the business event organized by the Dubai Chamber of Commerce and Industry, in front of around thirty UAE-based companies, especially focusing on the potential of IT companies and the digitization processes in the Serbian economy.

“In addition to boosting the connections with the United Arab Emirates businesses in the traditional economic sectors, we have also offered the best products of the growing IT industry to UAE-based companies, such as the solutions of our innovative companies in the fields of e-healthcare, digital agriculture, energy system management, ecology and upgrade of the financial sector,” Cadez added.

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According to him, the cooperation and export of Serbia IT solutions are possible primarily in the fields of information security, the automation of control mechanisms in the energy sector (embedded software) and the functioning of smart cities.

Čadež estimated that the value of external trade with the UAE, amounting to 184 million dollars last year, as well as the overall economic cooperation between Serbia and the United Arab Emirates, despite the higher UAE investments in Serbia, are still far below realistic opportunities.

“We agreed that almost all industries have the potential for a greater trade and investment cooperation and that we can implement joint projects in agribusiness, energy, ecology, defence, construction, transport, tourism, healthcare and information technology sectors, where the latter is quite appealing to UAE investors”, Cadez added.

Cadez also met with Hamad Mubarak Buamim, the president of the Dubai Chamber of Commerce and Industry. They talked about the possibilities of strengthening the bilateral relations between the two countries’ business communities.

(Blic, 26.03.2019)


This post is also available in: Italiano

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