108 Billion dirhams associated with foreign investment in Abu Dhabi during the past year


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The real estate property and manufacturing markets accounted for the largest promote of total unknown direct investment in the Emirate of Abu Dhabi last year, calculated at AED 108.045 b, an increase of 7.1% compared to 100.88 zillion in 2016, according to a recent report by the Abu Dhabi Reports Center. The real estate in addition to related businesses, which feature non-resident real estate sales, documented the highest contribution for the total FDI stock by way of 27.7 per-cent for the years 2016 and also 2017 to about 27.97 billion dirhams and Up to 29.89 billion dirhams, respectively, the report stated yesterday.

The report observed that the value of investments during the activities of alteration industries in 2017 increased to 19.Couple of billion dirhams from 17 billion dirhams in 2016.

According to the report, the participation of construction task to total FDI amplified from 7.9% around 2016 to AED 8.10 billion to 8.6% with 2017, equivalent to AED 9.Several billion. The United Kingdom ended up being among the top ten locations in terms of volume of foreign direct investment based on country of origin in the Emirate of Abu Dhabi, with the highest contribution rate of around 15%.





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