The economy of UAE relies heavily on manufacturing sector probably just next to oil and gas jobs industries. Dubai and Abu Dhabi are already the most preferred career destinations among expatriates and Sharjah is catching up soon. It is focusing on strengthening its foundations and infrastructure needed both for industrial expansion and for attracting further investments.
Sharjah contributes nearly 50% of UAE’s industrial GDP with over 1600 industrial enterprises and 75,000 professionals employed in the sector. Manufacturing industry has been witnessing a steady growth from nearly a decade now and holds vast potential for more. The government is making serious efforts to boost it furthermore at a swift pace in line with its objective of diversifying the economy. It is working towards this mission with a different approach so as to achieve an overall development. That is, instead of investing on heavy industries dependent on oil or gas, it is targeting light and medium-scale industries as it will enable infrastructural and property growth in the emirate. Also, this will create plenty of jobs in Sharjah chiefly in manufacturing, trading, logistics, construction and others related sectors.
In order to flourish manufacturing sector, improvement in infrastructure-electricity supply, transport, etc. and creation of business friendly environment is very important. Sharjah is an existing industrial hub of UAE but the scope for improvements is still there. Along with development in manufacturing segment, the supporting sectors will also thrive in the city thereby creating employment opportunities. This will lead to availing expert services of foreign professionals, well trained in the required skills. The demand for highly qualified and experienced expats in sectors related to manufacturing and real estate is bound to grow manifold. All such developments will foster positioning of Sharjah as an industrial center of the entire country of UAE.
No comments:
Post a Comment