The volume of foreign direct investment in the Emirate of Abu Dhabi in 2017 grew by 7.1% compared to 2016

 Media In – Abu Dhabi 9 April 2018
The total foreign direct investment (FDI) in the Emirate of Abu Dhabi for the year 2017 grew by 7.1% to AED 108,045 million compared to AED 100,887 million in 2016.
This is in the annual report on the estimates of foreign direct investment in the Emirate of Abu Dhabi for 2017 issued by the Statistics Center Abu Dhabi in coordination with the Department of Economic Development Abu Dhabi in conjunction with the participation of the Emirate of Abu Dhabi represented by the Office of Investment of the Department at the Emirates Annual Forum AIM 2018, which began today at the Dubai Center And the presence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
“The importance of the Abu Dhabi Statistics Center’s report is that it helps to monitor the trends of these investments, study them and monitor their indicators, which are an input to the planning and decision-making processes and the development of economic policies,” Saif Mohammed Al Hajri, head of the Department of Economic Development Abu Dhabi, said in a press release. In line with Abu Dhabi’s plan for comprehensive and sustainable development.
The results of the indicator also reflected the capacity of government agencies in the Emirate of Abu Dhabi to manage and direct policies and incentives related to foreign investment and the extent to which current Abu Dhabi policies in the field of foreign investment and incentives are in line with international commitments.
According to the results of the annual report on the estimates of foreign direct investment in the Emirate of Abu Dhabi in 2017, “real estate activities including (non-resident real estate sales)” the highest contribution to the total foreign direct investment balance for the years 2016 and 2017 by 27.7% by 29 billion and 899 million dirhams In 2017 and 27 billion and 954 million dirhams for the year 2016.
Foreign direct investment in manufacturing activities for the year 2017 accounted for 17.8 percent, or 19 billion and 266 million dirhams, from 18.0 percent in 2016 to 18 billion and 113 million dirhams. The contribution of construction activity to total foreign direct investment From 7.9 per cent in 2016 to AED 8 billion and 10 million to 8.6 per cent of the total FDI stock in 2017, amounting to AED 9 billion and 206 million.
Foreign investment in the Abu Dhabi area was AED 27 billion and AED 954 million, and manufacturing by AED 17 billion and AED 795 million. Extractive industries (including crude oil and natural gas) amounted to AED 17 billion and AED 414 million, while foreign direct investment in Al Ain and Al Dhafra In the activities of “electricity, gas, water,” “manufacturing” and “waste management”.
According to the report on the results of foreign direct investment by group of countries, European countries recorded the highest contribution of the total FDI stock in the Emirate of Abu Dhabi in 2016. Their share in the Abu Dhabi region represented 44.0% of the total FDI stock at the level of the Emirate , While 0.2% in Al Ain and 0.6% in Dhafra.