Dubai’s Global Domination Constant in Attracting Greenfield Projects
In the wake of UAE’s increasing strides in development, the emirate of Dubai attracted 6.58% of the global percentage of greenfield FDI projects in H1 2023. This is a significant rise of 3.83% when compared to the same period in 2022. A grand total of 511 greenfield foreign direct investment (FDI) projects bolstered Dubai to the leaderboard while Singapore came second with 325 greenfield projects.
The Crown Prince of Dubai & Chairman of the Executive Council, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, said in a statement: “Dubai’s ability to maintain its top ranking in attracting greenfield FDI projects reflects the city’s ability to create unparalleled growth opportunities and value for global investors… With the clear growth roadmap set out by the Dubai Economic Agenda D33, we continue to work to create an investment environment that not only wins the trust of investors from all over the world but also encourages them to contribute to Dubai’s transformation.”
