Wednesday, 21 March 2012

Business : Abu Dhabi is on track to achieve growth targets

Abu Dhabi is on track to achieve its economic growth targets set in Vision 2030, said Mohammed Omar Abdullah, undersecretary, Abu Dhabi Department of Economic Development.

“The annual economic growth rate of five to six per cent envisaged in Vision 2030 may not be met this year. It can fluctuate, however, on an average in the next 18-years, the target fixed will be achieved,” he said.

Speaking to reporters after opening the Global Investment Forum organised by DED Abu Dhabi and Institutional Investor magazine, he said the economic department was working on the final touches of key important initiatives to further enhance national economic competitiveness.

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