FINANCIAL NEWS

Abu Dhabi aims Japanese investment

16 May 2016

(MENAFN) Abu Dhabi plans to boost investment ties with Japan in energy, industry, infrastructure, education, human resources development and media.

Additionally, Abu Dhabi seeks investments in many sectors like aviation, defense, industrial equipment, plastics and metal end products.

Moreover, the economic collaboration between both sides witnessed an increase in recent years, supplying 25.3 percent of Japan’s whole crude imports in 2015.

However, Japanese imports from the UAE declined 44 percent last year to USD 24bn, the UAE’s share of Japanese imports from the GCC surpassed 32 percent.

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