Abu Dhabi – Decypha: Investments in the United Arab Emirates’ (UAE) industrial sector have reached a total of AED112 billion in 2016, accounting for 86% of total investments in the country, according to the UAE Minister of Economy, Sultan bin Saeed Al Mansouri.
Additionally, the government has set a plan to attract further investments worth $70 billion (AED 257 billion) by 2025, where 25% of the country’s GDP by said year would come from the industrial sector.
61% of UAE nationals' investments in 2016 revolved around the industrial sector as well as the food and beverage platform.
Regarding investments of GCC origin, 58% of which are coming from investments focused on non-metallic raw materials.
By Decypha Editorial Team
