Sharjah’s early efforts towards economic diversification have paid dividends, turning sectors such as heavy industries and transport and logistics into key enablers of economic growth. Meanwhile, the presence of several major universities in the emirate has helped grow its reputation as a major educational centre for the region.
Sharjah is actively increasing its profile abroad through trade shows and high-level diplomatic visits in a bid to bolster existing trade and investment partnerships and build new ones.
Sharjah is looking to improve energy efficiency and increase renewable power production as part of a UAE-wide drive towards cleaner energy.
Year-end forecasts of increased revenue and fiscal deficit relief have brightened Sharjah’s near- to medium-term outlook, with the emirate’s authorities working to promote non-hydrocarbons sectors as attractive investment propositions on the back of slower growth in 2015.
A set of new developments in research and development (R&D), entrepreneurship and media are broadening the role of higher education in Sharjah.
A series of investments in the ecotourism and heritage segments are beginning to yield results in Sharjah’s expanding family tourism industry.
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