The economy of Abu Dhabi has occupied an outstanding position and attained a high level of competitiveness in many sectors thanks to the excellent performance delivered by the non-oil sectors – especially those on which Abu Dhabi Economic Vision 2030 has focused and set their contribution to the GDP to become 64% by 2030 – which have already contributed to more than 50% of the Emirate GDP.
Abu Dhabi Department of Economic Development (DED), within the framework of its duties and responsibilities set by Law No. (2) of 2009 on its establishment, leads Abu Dhabi economic agenda through taking responsibility for achieving the objectives of Abu Dhabi plan’s economic development hub that focuses on creating a flexible competitive environment for business, establishing an effective private sector and creating leading investment opportunities in light of the vital sectors’ active participation for the contribution to sustainable economic development achievement.
DED seeks to achieve its objectives through the creation of effective partnerships with its governmental, semi-governmental and private sector strategic partners as well as contribution to the implementation of projects and initiatives aiming at ensuring the sustainability of the Emirate’s economic development.
Strengthening the direct foreign investment in Abu Dhabi is one of the most important strategic objectives to be adopted by DED within the coming years. It seeks to promote the promising investment opportunities in Abu Dhabi in many sectors, which would contribute to attracting more high value-added investments.