Abu Dhabi to emerge as a top investment destination

abu-dhabiAbu Dhabi is expected to see significant surge in investments opportunities in the country in next five years, given to its rising business confidence and strong economic fundamentals. An official report claimed the emirate to attract capital investment worth $12 billion contributed by new and existing players.

The Emirate would continue to be a favorite investment destination for investors in the backdrop of its commitment to provide investment friendly atmosphere and adopting a reform agenda to attract companies across the World.

Commenting over robust performance by Abu Dhabi, economist Riad Mattar added, "Abu Dhabi has won investor's confidence as it attracted more investments due to the several policy initiatives launched in recent years."

Abu Dhabi weathered the impact of global financial crisis very bravely, reporting a steady growth rate despite very challenging business environment due to slowdown. The country witnessed investment worth 5.7 billion dirhams by a total of 11,357 private companies during the year with commercial sector remaining a leader for attracting capital investment worth 4.9 billion dirhams.

Abu Dhabi got capital investment worth 254 million dirhams from Italy followed by Japan and China. Largest capital investments worth 68 million dirhams were made by Saudi Arabia in the Gulf Cooperation Council region followed by Bahrain.