ABU DHABI — The volume of foreign direct investment in Abu Dhabi reached Dh31.465 billion in 2007 and the real estate sector attracted the largest chunk of Dh11.840 billion, or 38 per cent, while water and electricity industry received 20 per cent share amounting to Dh6.157 billion, a survey said.
The financial intermediation and insurance activity contributed Dh4.565 billion or 15 per cent to the FDI, while restaurants and hotels contributed about Dh45 million to the economy, according to the findings of the survey. The FDI survey in Abu Dhabi for 2007, conducted by Statistics Centre was released on Monday. — haseebhaider@khaleejtimes.com