Dubai: Telangana government is attending an investment meeting in Dubai with a view to attract a broad spectrum of global investors into the newly created state. The event will be an opportunity to interact and engage with key decision makers from the UAE government and the investment community, as well as with other global leaders from various countries.

The Telangana government hopes to showcase at the 5th Annual Investment Meeting (AIM) key competencies as well as critical measures that have been initiated, according to a statement released by the Indian Consulate in Dubai.

This is in line with the Government of Telangana's vision to make the new state of India the most preferred investment destination in the country. K T Rama Rao, Minister for Panchayat Raj and Information Technology (IT) Government of Telangana will be addressing a large gathering of Government and business leaders from across sectors such as infrastructure, technology, pharmaceuticals and appraise them of opportunities in Telangana, centred around Hyderabad.

The Telangana Government aims to develop Hyderabad into a futuristic city by promoting innovation and technology, developing new growth sectors, and through smart city planning. Many prominent leaders and dignitaries will take part in the three- day event starting today.

AIM is an initiative of the UAE Ministry of Economy and this is the 5th edition of the event in Dubai. Established as the new staple for foreign trade and FDI, it attracts a mix of high profile government officials, private asset owners and project promoters from all across the globe.

The Government of Telangana aspires to reach a target of USD 17 billion of exports from the current level of USD 10 billion and create 1 million job opportunities in the ICT and Electronics Sector in the next three years.