Sharjah report identifies potential high-growth sectors

Sharjah report identifies potential high-growth sectors

UAE - Seven high-potential sectors have been identified as key to the post-pandemic growth of Sharjah, boosting the UAE emirate's competitiveness as a knowledge-based economy.

A new report by the Sharjah FDI Office (Invest in Sharjah) offers key insights into the factors driving high investor confidence in the emirate’s diversified economy and its continued appeal as an attractive destination for foreign direct investment (FDI).

Invest in Sharjah’s "FDI Future Trends and Sector Potential" report, published in collaboration with numerous government departments and private sector entities in the emirate and in partnership with PricewaterhouseCoopers (PwC) Middle East, outlines the robust business-friendly policies in the emirate, its future-ready infrastructure and high innovation levels as being pivotal to the emirate’s ability to overcome sudden shifts in the financial and economic landscape as witnessed during the pandemic.

Commenting on Sharjah’s strong economic position that is raising the emirate’s global profile and reinforcing its status as a prominent financial and business hub in the region, Sheikh Fahim bin Sultan Al Qasimi, Chairman, Department of Government Relations, said: "Sharjah’s agility and quick responsiveness in implementing innovative strategies to accelerate growth during the pandemic have yielded sustainable results in the form of innovative workflows, development of advanced management tools, adoption