Media ININ Economy We Trust
MEDIA, Abu Dhabi, July 23, 2018 (WAM)
The United Arab Emirates has provided 16 incentives that contributed to the continuous growth of foreign direct investment in recent years, according to the digital monitoring of the index of FDI inflows by the end of 2017.
In addition, the UAE’s foreign direct investment (FDI) initiatives are the latest in modern physical and social infrastructure in accordance with the latest international standards and standards, in line with the latest developments in the global financial environment.
The list of incentives also includes the freedom of movement of capital in general, best practices in the world, in addition to the activation of the government smart around the clock and clarity and transparency of policies and regulations and laws and the application of optimal support for the availability of elements of disclosure and transparency and accountability.
The State has succeeded in providing industrial and free zones with all facilities and privileges to attract international companies, developed financial markets and modern systems of general, university and technical education to provide distinguished national cadres in the labor market.
The high rates of growth of GDP, per capita output and the high purchasing power of citizens and residents are among the most important catalysts for the flow of foreign direct investment.
These factors combined contributed to the State’s attraction of foreign direct investment, with net foreign direct investment inflows rising from $ 9.6 billion in 2012 to $ 10.4 billion in 2017 with an annual growth rate of 1.6 per cent. Cumulative FDI inflows from $ 80.6 billion In 2012 to about 130 billion dollars by the end of 2017
