Abu Dhabi, UAE – The UAE International Investors Council (UAEIIC) has signed a Memorandum of Understanding (MoU) with Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN), which is based in Tokyo, to expand coordination and investment cooperation.
The agreement will build their mutual capacities, and encourage bilateral and multilateral investments, especially in the Middle East and Africa region, in a number of areas of common interest, especially potential infrastructure and transport projects.
The MoU was signed at the Council’s headquarters at the Ministry of Economy in Abu Dhabi by Jamal bin Saif Al Jarwan, Secretary-General of UAEIIC, and Tatsuhiko Takesada, President and CEO of JOIN.
“We are pleased today to sign this agreement with JOIN to enhance the role of the private sector, stimulate growth, create appropriate projects and opportunities for investment and establish new economic partnerships,” Al Jarwan said.
Takesada said: “The purpose of this MoU is to coordinate and cooperate with each other on potential projects from the early stages, especially on projects related to infrastructure, urban development and transport projects in the UAE and other countries, especially the Middle East and North Africa region, to drive sustainable growth.”
