Abu Dhabi will be participating for the third consecutive year at a leading trade show in Germany for industrial technologies, materials and product ideas aiming to strengthen the existing ties with top German and European companies.

The Hannover International Fair 2010 (Hannover Messe) will be held from April 19 to 23.

Abu Dhabi will also support the participation of four local industrial companies, Al Shoumoukh Industries, Emcan Electric Motors Manufacturing, Enviromena Power Systems and Emirates Precision Industries, to fortify the emirate’s presence in the global industrial and export sectors.

These companies are participating to promote the development of non-oil exports and the emergence of the private sector as the main economic engine, two fundamental goals set by the Abu Dhabi Economic Vision 2030.

“The UAE is Germany’s most important trading partner in the Arab world, and in the last four years alone German exports to the UAE have more than doubled,” said Mohammed Omar Abdullah, Department of Economic Development (DED) Undersecretary, who is leading the Abu Dhabi delegation.

“This rapid growth is testament to our ongoing relationship and continued participation at Hannover Messe, which is an unrivalled opportunity to enhance trade relationships with Germany and showcase our achievements to date,” he added.

“The event offers the ideal platform to work towards a greater global integration through increased international business partnerships, attract foreign investors and aim to bring the Economic Vision 2030 to fruition,” he concluded.

In 2009, Abu Dhabi made significant investments in Germany including Daimler, Ferrostaal, Globalfoundries in Dresden, and the photovoltaic sector in Thuringia, in line with its economic diversification strategy.

Today more than 900 German companies are currently investing and operating in the UAE, predominantly in petrochemicals, basic industries, renewable energy, engineering, service, pharmaceutical industries and health sectors, a statement said. – TradeArabia News Service