FDI Policies Transparency Index scores 71.5 points

The Foreign Direct Investment Transparency Index in the Emirate of Abu Dhabi scored 71.5 points in 2015 on the 100-point index scale, which largely reflects a higher level of transparency in direct foreign investment policies and investors' awareness of the transparency of the policies adopted by the UAE Federal Government and the sound policies of the wise government of Abu Dhabi, which represents a major incentive for attracting FDI to the Emirate of Abu Dhabi.

This came in the results of Abu Dhabi Foreign Direct Investment Policies Transparency Index for 2015, issued by the Abu Dhabi Department of Economic Development, ADDED, Studies Directorate in cooperation with the Statistics Centre – Abu Dhabi, SCAD, as ADDED participates as a diamond sponsor in the Annual Investment Meeting AIM 2016 Dubai, which will finish its sessions today at Dubai International Exhibition and Conference Centre.

Commenting on this performance, Ali Majid Al Mansoori, ADDED Chairman, said that this score of the FDI policies transparency index reflected the views of respondents on several key issues including the efficiency of Abu Dhabi government policies for attracting and encouraging FDI in the Emirate of Abu Dhabi and the role of the Federal Government in administering and implementing the policies and incentives which affect foreign investors.

He added that the score reflects also the role of Abu Dhabi government in administering and implementing the policies and incentives which affect foreign investors, the distribution of economic responsibilities among the various levels of the government for the administration and implementation of policies and incentives that affect foreign investors, the capacity of Abu Dhabi government entities for managing and directing policies and incentives related to investment and the compatibility of Abu Dhabi's current foreign investment policies and relevant incentives with the international obligations.

The full results of the Foreign Direct Investment Transparency Index is found on ADDED's website.

Source:WAM