29 June, 2021
Dubai FDI places focus on key sectors
Looking for opportunities in the strategic sectors of food and agribusiness, technology, and healthcare, the Dubai Investment Agency (Dubai FDI) has connected with potential investors and partners from different regions across the world including Europe, North America, and Asia Pacific.
Webinars have become an effective and almost default choice for stakeholders when exploring investment opportunities in Dubai’s strategic sectors. The shift to webinars has provided the opportunity for direct discussions with potential investors, with the Dubai FDI team, bundled with key public and private sector partners having presented Dubai’s advantage on a global scale as one of the top attractors of FDI.
With a diversified portfolio of investment partners, ranging from China, India, the US (notably New York City), Australia, Spain, and Italy, they have actively engaged with government and organizational presenters to further trade in Q1 of 2021.
On January 12th of this year, the Dubai Advantage webinar was held with Chinese investors, and covered the food and agribusiness and technology sectors. In collaboration with the DIFC branch of ICBC bank, with support from Smart Dubai and JAFZA.
Further, on January 20th of this year there was a webinar that hosted Indian and Australian investors on opportunities in Dubai’s healthcare and technology sectors. Subsequently, on February 3rd of this year, the Dubai Advantage in the technology sector was shared with investors from New York City. This was again showcased in a webinar organized with the international law firm Baker Botts. Following this, on the 16th of February, Italian investors zeroed in on the food and agribusiness sector for the Campania region. A month later, Dubai FDI also presented Dubai Advantage in the food and agribusiness sector to potential investors in Spain.
The setting up of factories for production of generic pharmaceuticals, sales and service of medical devices, as well as medical education are important sectors of investment for Dubai. The effectiveness of the Dubai FDI’s measures to attract investors has shown to pay off, as Dubai has secured high-quality FDI. In total Dubai recorded 455 FDI projects worth $24.7 billion in 2020, going by data from the Dubai FDI monitor.
This data showed that Dubai was the top recipient of FDI in the MENA region. This establishes Dubai as the place to invest as it is always planning ahead to ensure it is future-ready. The ease of investment furthers Dubai’s case as being an attractive business proposition.
With the end goal of enhancing stakeholder happiness in mind, Dubai has cemented its status as the city of the future.
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