Ajman DED Introduces Investor Statement Project To Boost Investor Awareness And Economic Growth

The Ajman Department of Economic Development (Ajman DED) has introduced the "Investor Statement" initiative. This project aims to boost investor awareness and enhance the investment climate in Ajman. It aligns with Ajman Vision 2030, focusing on creating a sustainable economy. The initiative provides investors with regular electronic updates about their licences and permits, covering legal status, notices, and fines to aid informed decision-making.

The "Investor Statement" is part of Ajman DED's strategic plan to improve customer satisfaction by offering proactive services. By reducing unrenewed licences and facilitating immediate fine payments, the project aims to streamline processes for investors. Sheikh Abdulaziz bin Hamdan Al Nuaimi, Acting Director of the Commercial Registration Department, highlighted its importance in boosting Ajman's economic competitiveness.

Al Nuaimi stated, "The 'Investor Statement' project is a pivotal step towards improving the investment environment in Ajman and enhancing economic competitiveness. Through this project, we aim to empower investors to monitor all the details of their licences and permits easily and transparently, thereby supporting business sustainability and achieving economic growth."

Al Nuaimi further explained that the project reflects their strategic vision of delivering proactive services that meet investor aspirations. It plays a crucial role in ensuring compliance with legislation and keeping licence data updated continuously. The initiative is expected to improve operational efficiency and increase revenue, reinforcing Ajman's appeal as an investment hub.

He added, "This project reflects our strategic vision of providing proactive services that meet the aspirations of investors and ensure their satisfaction, in addition to its role in enhancing compliance with legislation and ensuring the continuous updating of licence data. We also look forward to seeing its positive impact on improving operational efficiency and increasing revenue, strengthening Ajman's position as a preferred investment destination."

Commitment to Quality Standards

The implementation of this project adheres to high-quality standards under the guidance of DED's leadership. Collaboration with various departments ensures innovative service delivery benefiting all stakeholders involved. Al Nuaimi emphasised that this comprehensive approach supports business sustainability while fostering economic growth within Ajman.

Al Nuaimi also emphasised that the project is being implemented in accordance with the highest quality standards and with the support and guidance of DED's leadership and in cooperation with the various concerned departments to ensure the provision of an innovative service that benefits all parties.

Overall, this initiative marks a significant step towards enhancing investor engagement through transparent processes while aligning with broader economic goals set forth by Ajman Vision 2030.

With inputs from WAM