Dubai maintains top global ranking for attracting Greenfield FDI projects in H1 2023

Dubai maintains top global ranking for attracting Greenfield FDI projects in H1 2023

Dubai remains the top global destination for attracting Greenfield Foreign Direct Investment (FDI) projects, with the emirate attracting 511 greenfield projects in H1 2023, as per Financial Times ‘fDi Markets’ data.

During the first half of 2023, Dubai’s global share in the attraction of greenfield FDI projects stood at 6.58 per cent — up from 3.83 per cent over the same six-month period last year. The results, which underscore the emirate’s status as a key investment hub, aligns directly with the city’s 10-year Dubai Economic Agenda D33, which aims to double the size of the emirate’s economy over the next decade.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, said: “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. Guided by the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, the emirate has intensified its drive to accelerate economic diversification and innovation. This commitment, coupled with the adoption of advanced technologies, is shaping a future filled with endless opportunities