Abu Dhabi's industrial GDP up 23% to Dhs111.6 billion in 2024

The Abu Dhabi Industrial Strategy (ADIS) is supercharging the manufacturing sector and accelerating the economic diversification in the emirate.

- 

Since ADIS's launch in June 2022, the industrial GDP in Abu Dhabi grew 23 per cent from Dhs90.8 billion in 2022 to Dhs111.6 billion in 2024, and number of industrial enterprises rise 19.4 per cent from 925 to 1,104, said Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED).

Participating in a panel discussion on the opening day of the 4th session of 'Make it in the Emirates', Al Zaabi highlighted the initiatives and programmes of the UAE and Abu Dhabi aimed at fostering an investment climate that accelerates industrial growth and unlocks long-term economic resilience.

Al Zaabi added, "The UAE has developed a robust ecosystem that attracts and empowers global talents and high-quality investments as reflected in the significant growth of FDIs in various sectors, including the industrial sector.

He added that the UAE's industrial strategy has established the right frameworks to stimulate the industrial sector with a strong focus on enhancing resilience to address emerging trends, challenges, and rapid changes through various programmes including talent development, financing, ease of doing business, supply chains, UAE and Abu Dhabi to foster an investment climate that accelerates industrial growth.

ICV, sustainability, Industry 4.0, and attraction of foreign direct investments.