Abu Dhabi is developing a sustainable diversified economy to achieve up to seven per cent gross domestic product (GDP) growth in the coming years, a senior government official said.
Addressing the Al Masah Capital’s third annual investment forum, executive director of International Economic Relations Sector of Abu Dhabi Department of Economic Development Hamad Abdullah Al Mass said the emirate is expecting an investment of $8.8 billion in 2013.
Al Mass gave a comprehensive presentation on Abu Dhabi’s 2030 economic vision and said the emirate is implementing massive infrastructure projects to build a sustainable and diversified economy.
He said Abu Dhabi currently accounts for 31 per cent of the UAE’s oil, with 60-64 per cent of the GDP arising from oil exports.
Read more: http://www.khaleejtimes.com/biz/inside.asp?xfile=/data/uaebusiness/2013/March/uaebusiness_March298.xml§ion=uaebusiness
No comments:
Post a Comment