Dubai, UAE- Manufacturing Hub for Business Investors
The future is very bright for manufacturing in the United Arab Emirates. The industry is thriving, making up 53% of the country’s total non-oil exports. A lot of the success is due to the steps the government has taken to focus on the industry and make it appealing for investors.
If you’re thinking of starting a manufacturing company in the UAE there is plenty of potential! The industry is already booming and is expected to grow even more. Here are some numbers that show the enormous potential for the manufacturing sector in the UAE:
A 34% expected growth of the UAE’s Industrial Sector
Abu Dhabi’s industrial sector to grow by 56%
Dubai’s industrial sector to grow by 51%
27,000 jobs are expected to be created
Dubai’s Industrial Strategy to be implemented by 2030
Top Manufacturing Businesses in the UAE
If you’re not sure what business is best to invest in, there are already some that are established and doing great in the UAE. Here are the top industries that investors are focusing on:
Food and Beverage
Ceramic
Pharmaceuticals
Textile
Metal
Aerospace
Building Materials
Plastic
Benefits of Business in the UAE
UAE’s thriving economy, world-class infrastructure, modern amenities, and tax benefits are just a few of the many reasons that make the area so desirable for entrepreneurs. Here are a few other benefits to business in the UAE:
A growing and diverse market
A strategic location in a resource-rich region
No tax on personal, capital, or corporate income
Free Trade Zones have 100% of foreign ownership
Easy access to over 90 airlines and 170 shipping lanes
No currency restrictions on the exchange of money
Educated and skilled diverse workforce
Find out more about starting your manufacturing business setup in Dubai, UAE
