Dubai FDI, the foreign investment office in the Department of Economic Development (DED), has reported 16.6 per cent increase in foreign direct investment (FDI) facilitated into Dubai during 2012, as a comprehensive range of programmes and activities to highlight the emirate’s growing prominence as a hub of trade and commerce continue to produce substantial outcomes.
The companies assisted by Dubai FDI and their partnership programmes in 2011 showed a total investment of Dh3.6 billion in Dubai, while the companies assisted in 2012 showed a flow of Dh4.2 billion in investments into the emirate, with a total impact of Dh18.3 billion on the emirate’s economy. This is a 14.3 per cent growth over last year’s economic impact of Dh16 billion.
With the ease and strategic advantages of doing business in Dubai winning greater acknowledgement internationally, Dubai FDI was busy assisting 119 companies to set up in the emirate in 2012, as well as helping 46 companies grow and develop their existing investment in the emirate. This is a 114% growth on 2011, where the total number of companies assisted was 77 companies.
No comments:
Post a Comment