$ 1.6 billion in Japanese investments in Abu Dhabi by the end of 2017

Media In – Abu Dhabi 06 May
Japanese investments in the Emirate of Abu Dhabi reached US $ 661 million by the end of 2017. The number of economic licenses owned by Japanese investors in Abu Dhabi reached 31 commercial licenses and one tourist license.
The volume of non-oil trade between Abu Dhabi and Japan reached 10 billion 246 million and 689 thousand dirhams compared to 9 billion 138 million and 481 thousand dirhams in 2016, according to a report issued by the Department of Economic Development in Abu Dhabi. The total non-oil trade between Abu Dhabi and Japan is distributed at 10 billion, 220 million and 960,000 dirhams. Abu Dhabi imports from Japan, 21 million and 667 thousand dirhams, Abu Dhabi exports to Japan and 4 million and 61 thousand dirhams, re-exports from Abu Dhabi to Japan.
The report, issued on the occasion of a visit by a large delegation of government agencies and the private sector to the Japanese capital of Tokyo from Monday, said that the economic relations between Abu Dhabi and Japan became strategic in nature after witnessing a rise in communication between the two governments and the two governments. Between the two economies through the remarkable convergence of investments in a number of economic sectors.
The UAE is the second largest trading partner with Japan in the GCC countries, accounting for 30% of the total trade between Japan and the GCC countries, noting that Japan and the UAE have signed a number of important agreements and treaties in various fields. There are more than 300 companies Japanese business in the state.