ID :
73748
Tue, 08/04/2009 - 15:41
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https://www.oananews.org//node/73748
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Abu Dhabi foreign direct investment volume reaches Dh31.465b
Abu Dhabi, Aug 4, 2009 (WAM) - Foreign direct investment (FDI) in Abu Dhabi reached Dh31.465 billion for 2007, according to results released by the Statistics Centre - Abu Dhabi on Monday Gulf News reported.
According to the survey, real estates and rents contributed the largest share with Dh11.840 billion or 38 per cent of the volume of FDI, followed by water and electricity, which contributed Dh6.157 billion or 20 per cent of total FDI for the year.
The financial intermediation and insurance activity came in next with Dh4.56 billion or 15 per cent of the total FDI for 2007.
Restaurant and hotels contributed 0.14 per cent (Dh45 million) of FDI for the year.
The survey results also revealed that FDI from GCC states reached Dh257 million or 0.8 per cent.
Investments from other Arab countries amounted to Dh2.16 billion, which makes up 6.9 per cent of the total FDI, while Asian countries invested Dh2.699 billion. –
According to the survey, real estates and rents contributed the largest share with Dh11.840 billion or 38 per cent of the volume of FDI, followed by water and electricity, which contributed Dh6.157 billion or 20 per cent of total FDI for the year.
The financial intermediation and insurance activity came in next with Dh4.56 billion or 15 per cent of the total FDI for 2007.
Restaurant and hotels contributed 0.14 per cent (Dh45 million) of FDI for the year.
The survey results also revealed that FDI from GCC states reached Dh257 million or 0.8 per cent.
Investments from other Arab countries amounted to Dh2.16 billion, which makes up 6.9 per cent of the total FDI, while Asian countries invested Dh2.699 billion. –
