Indian firms invested around $3,700 million, created 3,000 jobs in Abu Dhabi over past decade

Indian companies have invested nearly USD 3,700 million creating 3,000 jobs in Abu Dhabi over the past decade. This fact was revealed at the recently held Abu Dhabi Week in India 2018, hosted by Abu Dhabi Investment Office along with Abu Dhabi Department of Economic Development in New Delhi and Mumbai.

The Investment Forums organized in both cities showcased investment related opportunities in the capital city of UAE and the growing business opportunities in the region. India currently ranks 5th in terms of FDI into Abu Dhabi.

"Abu Dhabi is setting a benchmark for economic diversity and sustainable development. It is expanding its non-oil sectors to become high-value added economy that also encourages entrepreneurship. These sectors offer mutual opportunities to Indian businesses in a stable and flexible environment that is very well integrated into the global economy," said H.E. Saif Mohammed Al Hajiri, Chairman of Abu Dhabi Department of Economic Development.

The investment roadshow showcased multiple investment opportunities in manufacturing, tourism, healthcare, infrastructure and industrial development. The event witnessed participation from 23 well-established businesses from Abu Dhabi like Zonescorp, Mubadala, Etihad Airways, Khalifa Port Free Trade Zone, Abu Dhabi Global Market, Abu Dhabi Systems & Information Centre to name a few.

Abu Dhabi's GDP is expected to grow by over three per cent in 2018, and it is expected that Indian investments will play an important role to further fuel development in the region.

Being one of the largest and wealthiest of the seven emirates, Abu Dhabi's long term political stability provides for a safe and attractive environment for investment opportunities for Indian private investors.

To promote their offerings across a wide range of sectors, the delegation held multiple B2B and G2B meetings and workshops with potential Indian corporates during the week.

http://www.dnaindia.com/business/report-indian-firms-invested-around-3700-million-created-3000-jobs-in-abu-dhabi-over-past-decade-2584177

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