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Industrial sector contributed 11% to Abu Dhabi’s non-oil GDP in 2020

AbuDhabiAerialView
Total value of investment in the industrial sector in 2020 was AED 4 billion

Abu Dhabi’s Department of Economic Development (ADDED) announced that the total value of investments in the industrial sector in 2020 was AED 4 billion, contributing to nearly 11% to the capital’s non-oil GDP and 6% to overall GDP in 2020.

According to the Industrial Activity Index Report 2020, published by ADDED, in 2020, 51 industrial facilities began production in the emirate.

Last year, the Industrial Development Bureau (IDB) of the Abu Dhabi Department of Economic Development (ADDED) revealed that the number of industrial licenses with a converted status to ‘production’ reached 29, with a total investment value of USD 707.8m (AED2.6bn) in their H1 2020 report.

 

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