Globalfoundries, a microchip maker owned by Abu Dhabi, plans to pump US$3 billion (Dh11.01bn) into its manufacturing plants this year.
The move should help to boost the capital's aim to develop a world-class technology industry in the emirate, experts say.
"Given the investment by the Abu Dhabi Government in the global industry, you'd hope there would be some trickle-down benefits from that for Abu Dhabi's future technology industry," said Dino Wilkinson, a communications specialist and partner at the law firm Norton Rose Middle East.
So they have decided to go ahead and build the plant this year have they?
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