FCF Fox Corporate Finance GmbH (FCF) in cooperation with the Abu Dhabi Department of Economic Development (ADDED), Khalifa Industrial Zone Abu Dhabi (Kizad) and the Deutsche Boerse AG, announced the hosting of the 6th chapter of the German Industry Day (GID).
The annual industrial and investment gathering is to be held in Abu Dhabi on April 29th 2014 and was announced earlier last week on the side lines of the Hannover Messe Exhibition during the UAE Forum.
Over the years, the GID has established itself amongst the region’s most prestigious gatherings, connecting C-level executives from Germany’s renowned “Mittelstand” companies (public and private) with regional and UAE investors. Delegates will have the exclusive opportunity to discuss the latest industrial and market trends, experience state-of-the-art technologies and learn about the drivers that shape Europe’s leading economy. They will also be exposed to the latest industrial and investment opportunities that the Emirate of Abu Dhabi has to offer and explore why many of Europe’s advanced and modern industrial companies are keen on making the move to Abu Dhabi.
Kizad’s partnership with the GID is a natural link because of its complete integration with the adjacent Khalifa Port, which together make it one of the UAE’s biggest infrastructure megaprojects to date and is already one of the world’s largest industrial zones. Connected by road, rail, air and sea, Kizad groups major industries as ‘vertically integrated clusters’ which deliver transport and production efficiencies at lower costs through economies of proximity.
This year’s GID will feature keynote speeches by opinion leaders such as H.E. Mohammed Omar Abdullah, Undersecretary of the Abu Dhabi Department of Economic Development, H.E. Joschka Fischer, former Vice Chancellor and Foreign Minister of the Federal Republic of Germany, and Khaled Salmeen, Chief Executive Officer of Kizad.
The German Industry Day is the perfect platform to bridge the gap between Germany and the booming economies of the GCC, the UAE in particular. Several companies have already confirmed their attendance with a serious view to exploring expansion opportunities. These German companies come from a variety of different industries, showing the dynamic infrastructural capabilities of Abu Dhabi’s major industrial hubs. German industries, including Photovoltaic systems integrators, Surface protection services, Specialty pharmaceuticals, Water treatment technologies, Composite carbon production, On-shore seafood production, are only some of the types of industries attending this year’s GID in Abu Dhabi.
The GID 2014 includes a pre-event gathering to introduce German delegates to FCF’s local network of partners and friends and a conference day featuring company presentations and speeches, Q&A sessions, one-on-one meetings and high-level networking opportunities.
In its sixth year now, the popular industry event is an effective forum for exploring investment opportunities and broadening the network of top industry executives. Senior management and Director-level professionals come from the private and public sectors in the UAE and wider region, to network with some of Germany’s leading industrial and service based companies.
The Forum also includes two top level panel discussions with leading industrialists and economists, providing valuable insights into the global macro-economic environment and its relation and effect on industrial production and trade.
Organised by FCF Fox Corporate Finance GmbH, bookings already indicate that this years’ event will be the biggest yet.
Commenting on the announcement, Engineer Khaled Salmeen, CEO of Kizad, said: “During the last 12 months, Kizad has witnessed high investor and industrial activity in the zone. The Food, Aluminium and logistics clusters have taken the lion’s share, in terms of investments. This year our visit to Hannover Messe brought updates from existing and new German investors who have decided to take advantage of the unique benefits offered at Kizad. I am very happy to announce that companies including Muehlhan AG, Phoenix Solar AG, UB Composites GmbH, Triton Water AG, SANOCHEMIA Pharmazeutika AG and others, will be joining us in Abu Dhabi on the 29th April to see for themselves what real industrial business opportunities exist in the UAE today. Kizad is an excellent option for European businesses looking to expand into a stable and prosperous area of the Middle East region”.
Arno Fuchs, CEO of FCF Fox Corporate Finance, the organisers of GID 2014, said: “We are delighted to have Kizad supporting us as a strategic partner once again at this year’s event. As an investment bank looking to support business and industrial growth, we are acutely aware of the necessary infrastructure that is often crucial to a company’s success. Since last year, Kizad has made huge strides to attract some big names including Brasil Foods, NFPC and Morgan Advanced Technology, so this is clearly an entity with an offering that will appeal to many German industrial sectors complementing our investment strategies”.
German industrial companies have already established strong reputations by delivering on key infrastructural contracts in the Gulf Region and continue to be one of the UAE’s major trade partners, indeed some have been directly involved in the construction of Khalifa Port and Kizad as well.
Abu Dhabi’s Khalifa Port and Kizad were constructed at a cost of EUR5.64bn (USD7.2bn) and is the first fully operational deep-water port with a semi-automated container terminal in the region.
Kizad has identified various vertical sectors and specifically assigned industry clusters in its thriving commercial and industrial zone. They include; aluminium; steel; glass; pharmaceuticals and healthcare; food; paper, print and packaging; trade and logistics; and mixed use industries.
German Industry Day 2014 will be held at the Jumeirah Etihad Towers Hotel, Abu Dhabi on 29th April. The event is run by FCF Fox Corporate Finance GmbH, an independent investment bank with financial specialisation in small to mid-sized businesses, and supported by Kizad, Deutsche Bourse and the Abu Dhabi Department of Economic Development (ADDED). Participation at the GID is exclusive to pre-registered guests only.