The Ajman Chamber of Commerce and Industry (ACCI) launched its ambitious 2024-2030 Strategy, spearheaded by Chairman Abdullah Mohammed Al Muwaiji. This comprehensive plan aligns seamlessly with the Ajman Vision 2030, embracing its strategic objectives and eight core principles. The launch event was graced by board members, Director-General Salem Al Suwaidi, and executive directors, WAM reported.
Enhancing economic growth, business environment
Al Muwaiji highlighted the strategy’s objective to propel Ajman’s economic growth, foster a thriving business environment, attract investment, and champion innovation and sustainability across diverse sectors. He underscored the Chamber’s pivotal role in realizing the Emirate’s vision and objectives, contributing significantly to comprehensive and sustainable economic development.
Vision for a vibrant economic hub
Al Muwaiji further attributed Ajman’s prosperity as a leading and sustainable economic and investment hub to the directives of H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, and the unwavering support of H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Executive Council.
The Chamber envisions Ajman as a vibrant economic hub, renowned for enhancing the quality of life, attracting investment, and facilitating business operations. This vision aims to drive economic growth, improve the quality of life in Ajman, empower the economy, and create new job opportunities. The strategy focuses on streamlining the business environment, simplifying operations for companies and institutions, and attracting investors.
The Ajman Chamber’s mission is to further empower the business community in the Emirate, fostering an environment that nurtures economic activities and propels prosperity and sustainable economic diversification.
Strategic alignment and key goals
Salem Al Suwaidi, director-general of the Ajman Chamber, confirmed the alignment of the Chamber’s strategic objectives with the economic vision of the UAE and the Emirate. Moreover, key strategic goals include supporting economic development and encouraging entrepreneurship by providing a supportive and encouraging environment for business growth and innovation, strengthening partnerships, and launching programs that stimulate innovation.
Attracting investment, enhancing competitiveness
The Chamber also aims to enhance the Emirate’s competitiveness and attract investment, becoming the preferred destination for local and international investors. This will be achieved by eliminating bureaucracy, simplifying procedures related to investment and commercial activities, providing reliable information and data, and offering incentive programs for investors.
Financial sustainability and digital transformation
The Chamber’s strategic goals also encompass achieving financial sustainability and managing institutional resources efficiently and effectively. This further includes employing innovative practices and digital transformation for services and operations through the use of innovation and emerging technologies to improve services and internal and external operations of the Chamber, contributing to raising its efficiency level and enhancing its ability to meet the needs and expectations of stakeholders, and providing its services at the highest quality levels.
Entrepreneurship and innovation at the forefront
Maryam Al Hashemi, director of strategy and future at the Chamber, explained that the diversity of the Chamber’s institutional values would ensure the achievement of its vision and goals during the coming phase. Additionally, she clarified that the Chamber’s values focused on entrepreneurship and innovation, leadership and teamwork, partnership and integration, flexibility and proactivity, future readiness, and global sustainability.Â
For more economy news, click here.
