Wednesday, 15 May 2013
UAE Has Shown Investors How To Make The Right Investments
One nation that is proving to be a leading example of how to build a strong economic foundation is the UAE. The United Arab Emirates, is not considered to be an emerging market according to standard guide-lines, but it is emerging as a force to be reckoned with in the future for many years to come. For the longest time it was mainly an oil-based economy and the country became very wealthy as a result. However, it is what they have been doing with their capital resources in the last number of years that has put them into the position they are in today.
The UAE is becoming a more diverse economy by increasing their manufacturing base, promoting more tourism opportunities as well as positioning themselves as a major port destination for the export and imports of the world’s consumer goods. They have a great location to start with and their new state-of-the-art Khalifa Port and multi-award winning Jebel Ali Port makes the UAE appealing for global shipping lines. The nation has enjoyed constant steady GDP growth the last few years and their leadership sees this time in history as just the beginning of a new era for the UAE on the world economic stage. This is just the foundation for what promises to be a bright future for them.
The UAE had a vision what they wanted their nation to look like and made the right investments to make it happen over time. What has transpired in the UAE is a great example of what can be done when a plan for the future is envisioned by a nation’s leaders and everyone contributes what they can to make it realized. To date, imports are up in volume, exports are continuing to grow, shipping ports are experiencing constant growth and the markets are abundant with business and investment opportunities. In the end, it all boils down to making the right decision from the start when it comes to making investments of any kind. When making investments that the future of a country is dependent on, the leaders better make sure they don’t make any mistakes. In my mind there is no doubt that leaders in the UAE have got it right.