Fahim Al Qasimi: Exceptional growth in Sharjah’s economy
Sharjah, 22 October / WAM / Sheikh Fahim bin Sultan Al Qasimi, Head of the Department of Government Relations in Sharjah, confirmed that continuing to organize conferences and investment forums comes in line with the growth of the economy in the Emirate of Sharjah, which has witnessed exceptional growth in its economy, as the growth rate of the emirate’s GDP for the year 2024 is estimated at 8.4% compared to the global growth rate of 3%, which indicates the presence of an environment Attractive to investments, investors enjoy quality of life.
He told the Emirates News Agency, WAM, during the Sharjah Investment Forum, which began today, at Al Jawaher Center for Events and Conferences and lasts for two days, that current investments focus on the real estate sector, along with other sectors such as transportation and storage, which achieved a growth of 10%.
He pointed out that the Emirate of Sharjah began many years ago, under the directives of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, to create an integrated environment in terms of the presence of residential projects and the quality of education, whether in schools or universities, in addition to the investment infrastructure, and with the launch of the Etihad Train approaching during the next year, Sharjah Airport will play a major role in providing this infrastructure in addition to the ports.
He pointed to the strength of investments in industrial areas, in the real estate sector, and in service companies, whether they are consulting companies or other projects in the Aljada area, Al Marwan Company’s 11 “District” project, or by Sharjah Asset Management Company projects, as investors are always looking for security and appropriate returns, which is what exists in the emirate, praising the efforts of the Sharjah Chamber of Commerce and Industry in developing the industrial areas in the emirate and raising the quality of its infrastructure, which enhances confidence. Investors in the emirate and the sustainability of its economic growth.
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