Page last updated: Wednesday, June 23, 2021
Role of the industrial sector in the economic system
Wednesday, November 21, 2018
The UAE attaches great importance
to enhancing the role of the industrial sector in the economic system,
increasing its contribution to GDP, and increasing its role in achieving the
vision of the UAE 2021. UAE gives more priority to the protection of
intellectual and industrial property rights as the cornerstone to support
innovation and knowledge in the industrial sector, and encouraging creativity
and competitiveness in all matters supporting the economic development.
- The volume of investment in
the food and beverage industry is 40 billion dirhams and it represents 30% of
the volume of investment in the country. The basic metal industries sector came
second with 25% of the investment volume amounting to 33 billion Dirhams,
followed by the non-metallic mineral products sector in the third position by
15% with investments of 20 billion Dirhams.
- There are 40% of the number
of factories in Dubai and 40% of the volume of investment in Abu Dhabi.
Interact with us... and share
your opinion with us!