Tawazun Economic Council hosts 5th annual Defence Contractors Council meeting in London

LONDON, 21st September, 2015 (WAM) -- Tawazun Economic Council, TEC, recently hosted its 5th annual Defence Contractors Council, DCC, meeting in London, mainly featuring successful partnerships and potential opportunities and projects. The meeting was attended by TEC representatives, defence contractors and partners, key industry players and other stakeholders. Since its establishment in 1992, TEC has become a centre of excellence in the development and fast-track execution of new and diverse commercial projects. Matar Ali Al Romaithi, Chief Officer, Industrial Development Unit of the Tawazun Economic Council, said, "Our annual DCC meeting seeks creating new opportunities and developing tomorrow’s capabilities, in addition to overlooking potential opportunities and exploring ways of development." The meeting was held under the theme of "Embracing change: creating new opportunities and sustaining tomorrow’s capabilities", and it highlighted updates on the Tawazun Economic Programme, plus sharing all learned lessons from past experiences and how to invest in government projects that would ensure sustainability in future. The meeting also covered the success stories and proposals of defence contractors and the way forward towards establishing strategic partnerships. DCC has facilitated networking amongst potential local partners and defence contractors worldwide, created opportunities for partnerships, exchanged potential project ideas and highlighted and monitored the performance of projects implemented under the programme. The Defence Contractors Council was created to generate an ongoing open dialogue among defence contractors and TEC. It provides a forum to share views, highlight ways for improvement and strengthen overall transparency among the Council and its members. The Council welcomed the defence contractors’ feedback and ensured that they are actively engaged throughout. This in return enables TEC to continuously review and upgrade its policies to serve its mandate, and support the contractors in being able to seamlessly fulfil their obligations. – Emirates News Agency, WAM - http://www.wam.ae/en/news/emirates/1395285811955.html