Industry

From 2007 to 2017 the UAE’s industrial sector grew by approximately 31%. According to consultancy Oxford Economics, it is set to grow marginally faster — by another 34% — in the 10 years leading to 2027. At the emirate level, Dubai’s industrial sector has likewise emerged as a major driver of growth; the sector in Dubai grew by 6% annually in the ten years to 2017 and this rate of expansion is expected to surge to 51% in the decade to 2027. Growth will continue to be fuelled by the emirate’s strategic location, which is within an eight-hour flight of almost two-thirds of the global population; its comprehensive airport and seaport infrastructure; and the investment-friendly policies in place.