SIHANOUKVILLE, CAMBODIA – Media OutReach Newswire – March 15, 2024 – Bay of Lights Development, Cambodia’s booming financial and tourism flagship, is proud to announce its groundbreaking strategic partnership with the UAE’s leading investment platform , the Annual Investment Meeting (AIM). . This partnership marks a crucial step in strengthening growing ties between Asia and the Middle East and is expected to trigger a dynamic phase in Cambodia’s economic development.
A new chapter begins: signing of the strategic partnership at the Bay of Lights Business Center
After nearly a year of negotiations and enriching exchanges, including several visits from the Director General of AIM, this collaboration was formalized amid great anticipation. The landmark agreement was signed at the new Bay of Lights Business Center in Sihanoukville, chaired by Deputy Governor of Preah Sihanouk Province, Em Pheap.
His Excellency Dawood Al Shezawi, President of the AIM Congress, as a signatory of the ceremony, highlighted the importance of the partnership. This agreement allows AIM Congress Asia to be hosted at Bay of Lights, Sihanoukville, providing a platform for global investors and government officials to explore Cambodia’s vast opportunities.
AIM Congress is a leading investment platform in the Middle East focusing on FDI opportunities, cities of the future and SMEs. They have hosted more than 10,000 delegates in 175 countries, partnering with more than 500 exhibitors to drive economic growth and international ties.
The synergy between Bay of Lights and the AIM Congress is poised to channel investment from the Middle East to the heart of Asia, driving growth and prosperity. Together, the two parties plan to build Sihanoukville’s first international convention and exhibition center within Bay of Lights, a 11-hectare state-of-the-art venue for global conventions and premier events.
This historic agreement is far from being the culmination of this collaboration; May this year will mark a new milestone. In Abu Dhabi, at the AIM 2024 Congress, the partners are expected to finalize the joint development agreement, cementing their commitment to shaping a thriving future through innovative development strategies.
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