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Mayor of Zaragoza: UAE most important investment destinations

posted on 16/08/2008: 1726 views



Zaragoza - Mayor of Zaragoza Juan Alberto Belloch (PSOE) yesterday held a reception in honour of the United Arab Emirates for its participation at the Expo Zaragoza 2008 which runs between June 14th. and Spetemebr 14th.

The senior UAE officials who were present at the reception include UAE Ambassador to Spain Sultan Mohammed Al-Qartasi, Ibrahim Al-Abed, Director General of National Media Council (NMC) and Commissioner General of UAE pavilion at Expo Zaragoza 2008 and Abdullah Al-Aidarous, Director General of UAE pavilion and other UAE and Spanish officials.

On the sidelines of the ceremony, the two sides explored venues of economic and investment relations between the UAE and Spain.

Belloch said the UAE is one of the world's most significant destinations for foreign investments which are attracted by its economic environment and its capability to cater for the needs of investors from all over the world.

He added that a delegation from the Government of Aragon Region will visit Abu Dhabi soon to discuss with UAE officials a proposal for a giant joint investment project in energy and environment.

The Mayor of Zaragoza said the UAE's participation at the Expo Zaragoza 2008 has been a significant factor in further promoting the UAE-Spanish relations.

Stressing the UAE's interest in attracting Spanish investments, the UAE envoy welcomed the proposal and said he had sent approached companies in Aragon on potential investments in waste treatment plants in Abu Dhabi. – Emirates News Agency, WAM

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