Page 157 - Ministry of Economy - December 2017

12/26/2017 UAE Business: UAE’s inbound FDI surges by $9bn in 2016

Al Mansoori noted that it is important for countries to develop appropriate policies and
frameworks for taking the best advantage of inward FDIs to support their development
objectives.

According to the 2017 Global Investment Report published by the UN Council on Trade and
Development (UNCTAD), the UAE was the 11thlargest FDI recipient in Asia. Its main investors
are from the UK, the US and India. After having declined in 2009, FDI inflows recovered in 2016,
when the UAE attracted around $8.9 billion to surpass the 2015 figure by around 2.2 per cent
primarily due to the political and economic stability of the country. FDI is mainly concentrated in
the retail/wholesale trading, real estate, financial services, insurance, and manufacturing sectors.

“The world today is highly interdependent, with any side affecting and affected by what is
happening in any other part. We face common challenges which we can overcome through
mutual efforts and synergy between governments and the private sector which will enable us to
build a future that benefits all people worldwide, allowing them to enjoy a life of security, stability,
and well-being,” Al Mansoori added.

With its emphasis on linking developed and emerging markets under the theme ‘Partnerships for
Inclusive Growth and Sustainable Development,’ the 8th edition of the Annual Investment
Meeting will be dedicated to discovering how such partnerships between developed and
emerging markets can be utilized to strengthen mutual objectives through responsible FDI and
the cooperative creation of solutions for today’s problems.

It will also explore how to ensure that future generations have the ability to live in a thriving and
socially and economically responsible world abundant with resources and opportunities for all.

AIM is an international conference and exhibition that promotes cross-border investment flow to
achieve sustainable global economic growth. It is participated in by ministers and senior
government officials, investment promotion agencies, government bodies, chambers of
commerce and industries, business councils, business groups, private sector organisations,
investors, banks and financial institutions, and other stakeholders.

The 2018 edition will feature various industry projects and services catering to the investment
growth of participating regions throughout its three-day run. It will focus on promoting FDIs and
effective ways to attract investors to various economic sectors.

Since its inception in 2011, AIM has brought together thousands of exhibitors and visitors to
network, promote projects and attract investments to the various participating countries. The
exhibition gives opportunities for governments and private organisations to launch and pitch their
projects to a vastly diverse audience. In 2017, AIM attracted more than 19,000 visitors and
witnessed the participation of 535 exhibitors from 141 countries. – TradeArabia News Service

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