Sharjah Update Sharjah business & Investment News from Invest in Sharjah (Sharjah FDI Office)
Related Articles
Sharjah ranked 5th globally among the top 10 fastest-growing cities in attracting FDI inflows during 2023, in terms of new projects, capital expenditure growth, and job creation, according to data from “fDi Markets.” The emirate recorded a total growth of 60.29 points.
According to the Financial Times’ fDi Markets database, which provides comprehensive data on global greenfield investments, Sharjah experienced a remarkable growth in greenfield FDI projects in 2023. The emirate recorded a 2064% increase in capital expenditure compared to 2022 and a 140% increase in the number of greenfield FDI projects.
In 2023, Sharjah attracted 19 newly established FDI projects with a total capital investment of $2.75 billion, contributing to the creation of 1549 jobs.
