FINANCIAL NEWS

Industrial sector in Dubai to grow by extra USD5bn by 2030

11 Sep 2017

(MENAFN) Dubai’s industrial sector has viewed notable progress this year, trailing the implementation of the Dubai Industrial Strategy, which is projected to grow by an extra Dh18bn by 2030.

Furthermore, the plan is also predicted to enhance Dubai’s whole gross domestic product (GDP) by Dh165bn by 2030.

Last year, the growth rate in the country’s industrial GDP reached 3.4 percent, growing from the 0.6 percent posted in 2015.

In addition, the industrial plan is projected to also increase the whole output of the manufacturing sector; make Dubai a preferred manufacturing platform for global businesses.

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MENAFN1109201700450000ID1095842605

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