UAE's Dh128 Billion FDI Plan to Create Thousands of Jobs Across Key Sectors
The UAE's ambitious plan to attract Dh128 billion in foreign direct investment (FDI) over the next six years is set to generate thousands of jobs across manufacturing, technology, finance, healthcare, logistics, renewable energy, hospitality, and retail. Key Sectors Driving Employment Growth
With the National Investment Strategy 2031 approved by the UAE Cabinet, the country aims to more than double its annual FDI inflows from Dh112 billion in 2023 to Dh240 billion by 2031. This expansion will create demand for skilled professionals in high-growth sectors: Technology & IT : AI, cybersecurity, software development, cloud computing, and digital transformation.
: AI, cybersecurity, software development, cloud computing, and digital transformation. Manufacturing & Industrial Innovation : Engineers, technicians, supply chain professionals, 3D printing, and automation specialists.
: Engineers, technicians, supply chain professionals, 3D printing, and automation specialists. Financial Services & Fintech : Digital banking, wealth management, credit risk analysis, and investment specialists.
: Digital banking, wealth management, credit risk analysis, and investment specialists. Logistics & Transport : Skilled workforce for supply chain, warehousing, and operations.
: Skilled workforce for supply chain, warehousing, and operations. Renewable Energy & Sustainability: Researchers and engineers in green energy projects. Expanding Job Opportunities
Experts emphasize that large-scale infrastructure projects and an expanding digital economy will create direct and indirect job opportunities across industries. Increased investment in manufacturing will boost related sectors like construction and infrastructure, while technology-driven advancements will spur demand for specialized talent.
Hamza Dweik, Head of Trading & Pricing at Saxo Bank MENA, stated that rising business activity will drive employment growth across multiple sectors, benefiting both local and global professionals seeking opportunities in the UAE's expanding economy. A Shift Toward a Knowledge-Based Economy
Hassan Fawaz, Chairman of GivTrade, highlighted that the UAE's strategy fosters long-term career prospects in emerging industries, reducing reliance on traditional sectors. Meanwhile, Vijay Valecha, Chief Investment Officer at Century Financial, pointed out that increased FDI will encourage entrepreneurship, attracting a skilled workforce and bolstering the UAE's position as a global investment hub.
With a focus on economic diversification beyond oil, the UAE's FDI-driven job creation will accelerate the transition toward a resilient, knowledge-based economy, positioning the nation as a leader in global business and innovation.
News Source: Khaleej Times
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