Dubai tops globally in attracting Greenfield FDI projects in 2022

  • Date: 15-May-2023
  • Source: GCC Business News
  • Sector:Real Estate
  • Country:UAE
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Dubai tops globally in attracting Greenfield FDI projects in 2022

Dubai has retained its No.1 spot globally for attracting Greenfield FDI projects in 2022, further reinforcing its position as the world’s top foreign direct investment hub, according to the latest data from the 2022 Financial Times ‘fDi Markets’ report.

Retaining its top spot for a second successive year, Dubai achieved 89.5 percent YoY growth in total announced FDI projects in 2022, while total FDI capital surged 80.3 percent over the same period, further consolidating the emirate’s status as one of the top three global cities, a key goal of the Dubai Economic Agenda D33 launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum

Crown Prince of Dubai & Chairman of Dubai Executive Council “Dubai’s ability to secure the No. 1 global ranking for Greenfield FDI projects for the second year in a row demonstrates its ability to sustain its compelling investment value proposition even at a time when the worldwide economy is facing headwinds. Driven by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the emirate offers the deep stability, sustainability,