20-05-2025
Dubai Industrial City Records Strong Growth and Attracts Major Investments in Early 2025
Dubai Industrial City is off to a strong start in 2025, recording robust growth indicators and attracting a wave of new investments across key sectors, according to Saud Abu Alshawareb, Executive Vice President – Industrial at TECOM Group PJSC.
Alshawareb highlighted a more than 10% rise in the number of operating companies in 2024, bringing the total to over 1,100. The number of factories entering production also grew by over 16%, crossing 350 by year-end. These figures, he said, point to Dubai's rising stature as a preferred destination for industrial investment.
One of the standout sectors has been food and beverage, with Dubai Industrial City drawing over AED350 million in investments in 2024 alone. Alshawareb said this underscores the city's role as a strategic hub meeting increasing local and regional demand.
New investments are also targeting infrastructure upgrades, including power stations, expanded workers' accommodations, and new industrial plots. Alshawareb revealed that several key initiatives in these areas will be announced soon.
He reaffirmed Dubai Industrial City's commitment to supporting the UAE's broader industrial strategy by offering an integrated, sustainable business environment that boosts the sector's GDP contribution.
The momentum seen in early 2025, Alshawareb noted, sets the stage for an exceptional year ahead for the city's industrial growth and investment appeal.
News Source: Emirates News Agency
