Dubai Chamber’s investments aimed at raising awareness about trade opportunities in Latin America are expected to reach Dh100 million ($27.2 million) over the next ten years, the Chamber’s president and CEO said.

Speaking at the Global Business Forum on Latin America 2018 in Dubai, UAE Hamad Buamim said that these investments will support Dubai Chamber’s representative offices in Latin America, various trade missions organised by the chamber and market intelligence conducted in the region, reported Emirates news agency Wam.

Monica de Greiff, executive president of Bogota Chamber of Commerce – Colombia, spoke about how new relations are being formed between businesses in Latin America and their counterparts in other emerging markets, and the role that Dubai can play in helping to facilitate access into markets in Africa and Asia.

"Dubai’s strong infrastructure will enable companies to connect through here to many interesting markets," Buamim said, adding that Dubai Chamber plays an active role in facilitating relationships and partnerships between businesses in Latin America and Dubai.

Buamim revealed that the organisation is opening two new offices in Panama and Argentina this year, which will complement its existing office in Sao Paulo, Brazil.