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DUBAI / Emirates Business
Dubai’s success in maintaining its advanced position among the cities of the world in terms of capital inflow and the number of new FDI projects is a major achievement, said His Excellency Sami Al Qamzi, Director General of Dubai Economy. It reaffirms the investor confidence in Dubai while also underlining its role as a major hub in the global economy and its resilience amidst global and regional economic changes and challenges, he added.
Al Qamzi stressed that the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, and the directives of His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, look at Dubai as a modern city strategically integrated in all sectors and occupies first place in the ease of doing business.
Al Qamzi said FDI inflows and diversified investment projects are critical to achieving the objectives of the Dubai Plan 2021 and the Dubai Industrial Strategy, both of which focuses on expanding the base of high value-added economic activities, enhancing competitiveness and sustainability of the local economy, and establishing Dubai as a preferred destination for foreign direct investment.