• Wednesday, 25 December 2024

Besimi - Al Suwaidi: Investment opportunities in key areas stipulated in Growth Acceleration Plan

Besimi - Al Suwaidi: Investment opportunities in key areas stipulated in Growth Acceleration Plan
Skopje, 21 March 2022 (MIA) - Investment opportunities in key large projects in the country were discussed at the meeting between Finance Minister Fatmir Besimi and Director General of Abu Dhabi Fund for Development (ADFD), Mohammed Saif Al Suwaidi and Executive Director Rashed Alkaabi on Monday. At the online meeting, Minister Besimi presented the Growth Acceleration Plan, which stipulates an increase in public and private investments in a large number of priority areas, such as digitization, green agenda, human capital, innovation and tech development, and physical infrastructure. The plan will play a key role in opening new jobs and North Macedonia's economic growth. "The Ministry of Finance and the Government have an ambitious but achievable goal to support economic recovery and increased growth. The efforts are focused towards achieving twice higher economic growth rates, the benefits of which will be reaped by as many citizens as possible of current and future generations," said Minister Besimi. The ADFD expressed interest to get involved in funding projects, especially in agriculture and tourism. Both countries have potential to intensify cooperation, especially when it comes to agriculture, tourism, investments, energy, construction etc. Abu Dhabi's Development Fund, as one of the most significant investment funds worldwide, finances strategic development projects by providing loans to governments in developing countries, helping them achieve their development goals and priorities. Their investment capital is estimated in billions of dollars. Most projects focus on sectors in the areas of transport, housing, agriculture, energy, water and industry, alongside social services, education and healthcare. The Fund also has direct investments in various companies and private portfolios in partnership with the public and private sector. It also indirectly invests in markets through deposits and bonds. dk/ik/