UAE launches ‘investment map’ for global investors
The UAE’s Ministry of Economy today announced the launch of the UAE Investment Map, highlighting strategic opportunities in the country for global investors.
Eng. Mohammed Ahmed Bin Abdul Aziz Al Shehhi, Undersecretary of Ministry of Economy, said the map provides an overview of investment opportunities in each emirate in health, agriculture, real estate, alternative energy, SMEs, services, industry, education, and finance, among others sectors.
He said the initiative will serve as an indicator to guide global investors and introduce them to the various investment opportunities across all sectors of the UAE economy through a systematic and scientific approach.
In the first phase, the initiative aims to target markets such as Argentina, Brazil, Turkey, Germany, India, China and South Korea. Areas that fall within the investment map also include aluminum industry, automotive, aviation, information technology, telecommunications, financial services, electronics, engineering and industrial technology, healthcare, petrochemical industry, education and knowledge industry, and the pharmaceutical industry.
Al Shehhi said the initiative will promote the sustainable and balanced development of the UAE, and contribute to GDP growth by stimulating the investment environment and attracting investment and technology that drive the knowledge economy in addition to reducing the dependence on oil by diversifying revenue streams.
“In November, the UAE Investment Map will be officially launched during the UAE’s Investment Map conference, alongside a specialised exhibition to introduce government services to key international investors,” Al Shehhi concluded.
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