Establishment of the Dubai Investment Development Agency

The law establishes the "Dubai Investment Development Agency" , and provides, inter alia, a strategic plan for the attraction and development of investment in line with the economic development plan of the emirate. It offers preferential advantages, including incentives and exemptions, for investment projects in the areas of importance to the economy and for sustainable development, especially in infrastructure, industrial , social , educational and health projects, as well as other projects related to the exploitation of natural resources , and those that include the transfer of technology and knowledge in various areas , as well as tourism projects.

• Type:

  • Promotion and facilitation (Investment incentives)

• Industry:

  • Not industry specific

• Sources:

  • Emirates 24/7, Law to set up Dubai Investment Development Agency issued, http://www.emirates247.com/news/government/mohammed-launches-e-container-terminal-2014-01-27-1.536299, 27 Jan 2014