Page 211 - Ministry of Economy - December 2017
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12/26/2017 Dubai seeks to attract FDI at investment meet - Khaleej Times
and emerging markets this year and will adopt the theme 'Partnerships for inclusive growth and sustainable
development.'
The AIM is a leading platform for strengthening the UAE's role as a distinctive investment destination. In the
World Bank's 'Ease of Doing Business for 2018' report, the UAE ranked 21 out of 190 countries in ease of doing
business, up by five levels from 26th position in 2017.
Cumulative FDI to the UAE increased to $117.9 billion by the end of 2016 from around $109 billion by the end
of 2015, at a growth rate of 8.2 per cent. The rise was supported by higher investments in manufacturing and
other heavy industries, according to recent reports.
Sultan bin Saeed Al Mansouri, Minister of Economy, said: "FDI is instrumental to achieving sustainable
economic growth. We are constantly adopting policies and structures that will provide us with a suitable
environment for attracting FDI and retaining its positive impact to attain desired results."
Al Mansouri said it is important for countries to develop appropriate policies and frameworks for taking the best
advantage of inward FDI to support their development objectives.
According to the 2017 Global Investment Report published by the UN Council on Trade and Development, the
UAE was the 11th largest 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. FDI is mainly concentrated in the retail/wholesale trading, real estate,
financial services, insurance and manufacturing sectors.
The eighth edition of the AIM will be dedicated to discovering how partnerships between developed and
emerging markets can be utilised to strengthen mutual objectives through FDI.
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