Abu Dhabi-Mubasher: Foreign direct investment (FDI) in the GCC region totalled nearly $21.7 billion in 2014, according to recent data by the United Nations Conference on Trade and Development (UNCTAD).
Qatar dominated nearly $1.04 billion or 4.8% of the region's FDI.
The 15th Industrialists' Conference will be held in Kuwait on 25-26 November, to discuss several issues, including the development of foreign investments in the GCC region, said Abdul Aziz Al-Aqeel, secretary general of the Gulf Organization for Industrial Consulting (GOIC).
The foreign funds invested in the industrial projects reached $53.1 billion in 2014, representing around 14% of the total cumulative investments in the manufacturing sector, Al-Aqeel said.
He added that the U.S. accounted for 85.9% of these investments, the Asian countries (12.4%) and Arab states (1.7%).
In 2014, the number of small and medium-sized factories in the GCC reached 13,480, representing 82.7% of the total number of factories operating in the manufacturing field.
