AIM partners with UNWTO to boost investment in tourism

  • Date: 06-Apr-2023
  • Source: Zawya
  • Sector:Tourism
  • Country:UAE
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AIM partners with UNWTO to boost investment in tourism

The Annual Investment Meeting (AIM), an esteemed investment platform in the Middle East, has partnered with the World Tourism Organization (UNWTO), to boost cooperation around common interests in tourism-related investments.

The two parties will work together to harness the power of tourism to drive global development and to accelerate the implementation of the agenda 2030 and the Sustainable Development Goals (SDGS), particularly now that economies are now starting to recover from the pandemic.

UNWTO and AIM, through this new memorandum of understanding (MoU), have formally committed to jointly support the following goals: the effective implementation of the agenda 2030 and the 17 SDGs through tourism investments, and the promotion of innovation and technology.

UNWTO and AIM’s collaborative works related to investment facilitation and promotion will see them share and disseminate knowledge regarding investment policies among their stakeholders and networks and maximize foreign direct investments’ positive economic impact on the sector.

In line with the two organizations’ commitment to cooperate in the implementation of projects as stipulated in the MoU, UNWTO will spearhead the “Tourism Investment Forum” to be held on the framework of the upcoming AIM Global 2023 in Abu Dhabi, United Arab Emirates on May 8-10.

UNWTO Secretary-General Zurab Pololikashvili commented: “UNWTO has recognized