Abu Dhabi... manufacturing gathers pace
Manufacturing activity up 12.6pc in Abu Dhabi
ABU DHABI, November 5, 2014
Abu Dhabi’s manufacturing activity increased about 12.6 per cent in 2013, rising from Dh48.2 billion ($13.11 billion) in 2012, a report said.
The value added of the manufacturing activity made up 5.7 percent of the Emirate’s GDP of Dh953.2 billion ($259.5 billion) while representing 12.6 percent of the non-oil GDP in 2013, added the Statistical Yearbook (SYB) of the Emirate of Abu Dhabi – 2014 released by Statistics Centre - Abu Dhabi (SCAD), reported Emirates News Agency (WAM).
The gross fixed capital formation of the manufacturing activity advanced by 29.3 percent, from Dh28.3 billion ($7.7 billion) in 2011 to Dh36.7 billion ($9.98 billion) in 2012, said Butti Al Qubaisi, director general of SCAD.