The overall index of transparency reached 71.1 points, reflecting investors’ awareness of the transparency of policies adopted by the Abu Dhabi Government

Media In – Abu Dhabi 10 April 2018

The overall indicator of transparency in foreign direct investment policies in the Emirate of Abu Dhabi was 71.1 points on the index scale of 100 points in 2017. This reflects the investors’ perception of transparency and clarity of policies adopted by the Government of the Emirate of Abu Dhabi and the Federal Government at the level of the UAE Which is a major incentive to attract foreign direct investment in the Emirate of Abu Dhabi.
This came in the results of the general index of transparency in the foreign direct investment policy in Abu Dhabi, announced by the Department of Economic Development Abu Dhabi on the sidelines of the participation of its Abu Dhabi Investment Office at the annual investment forum AIM Dubai 2018, which ends on Wednesday.
Khalifa Bin Salem Al Mansouri, Undersecretary of the Department said in a press release that MediaN is a copy of which the government of the Emirate of Abu Dhabi is keen to stimulate foreign capital to invest in the local economy through the implementation of many initiatives and incentives, the most important of which is improving the quality of services provided and upgrading the performance of institutional structures Legal and procedural.
Khalifa Al Mansoori affirmed that the results reflect the improved performance of the Abu Dhabi government and the federal government in general and increase the effectiveness of its role towards investors by creating solutions and incentives that encourage investment and improve the process of participation between government agencies concerned with proposing laws and regulations on the one hand and investors on the other And more investors rely on government databases.
As for the efficiency of government policies in the Emirate of Abu Dhabi to attract and encourage foreign direct investment, the results of the general index in 2017 indicate that 98.4% of respondents have a sense of effectiveness and efficiency of government policies in the Emirate of Abu Dhabi, compared to 97.1% in 2016.
On the role of the Department of Economic Development Abu Dhabi, the views expressed by foreign investors reflected their sense of effective performance and the role of the department in creating an appropriate investment environment to attract and stimulate investment in the Emirate of Abu Dhabi in terms of simplifying procedures and improving the level of services. Registration / licensing by about 68% compared to 54.3% in the previous year.