aviation adds 63 to gdp
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Aviation adds 6.3% to GDP

Arab Today, arab today

Arab Today, arab today Aviation adds 6.3% to GDP

London - Arabstoday

The growing aviation industry is contributing 6.3 per cent to gross economic product in 2011, says Sultan bin Saeed Al Mansouri, UAE Minister of Economy. Opening a two-day Global Aerospace Summit here in the capital, he told over 500 aviation industry bigwigs that the industry is vital to the country’s economy, as it contributed Dh61.3 billion to the GDP last year. Its importance is even more vital when together with tourism and hospitality industries it contributed Dh150 billion or 15 per cent to the nation’s GDP, the minister said. Last year the country received 10 million tourists, which in ten year will grow to 15 million. Keeping in view with the growing passenger needs projects worth Dh100 billion were being developed expand Abu Dhabi International Airport, Dubai World Central and Dubai International Airport. He highlighted the achievements of Abu Dhabi based maintenance and overhaul industry and Strata project which produces aircraft components for aircraft manufacturers. The minister underlined the government’s support for a culture of partnerships spanning the public and private sectors, and added: “As the UAE moves from an economy that has a solid base through natural resource revenues to one that will be sustained in the long-term through a diversified, knowledge-based approach, it is vital that we provide a platform for thought leadership.” Build, design aeroplane Abu Dhabi is creating an aviation industry as part of a broader strategy to design and build a plne by the end of decade. “Mubadala Aerospace has been making demonstrable progress in achieving this, through global aircraft maintenance operations, innovative leasing offerings, a leading pilot training academy and the investment in a state-of-the composite aero structures manufacturing facility,”  said Al Mansouri. The growing aviation industry is contributing 6.3 per cent to gross economic  product in 2011, he said. Opening a two-day Global Aerospace Summit here in the capital, he told industry bigwigs that the industry is vital to the country’s economy, as it contributed Dh61.3 billion to the GDP last year. Its importance is even more vital when together with tourism and hospitality industries it contributed Dh150 billion or 15 per cent to the nation’s GDP, the minister said. Last year the country received 10 million tourists, which in ten year will grow to 15 million. Keeping in view with the growing passenger needs projects worth Dh100 billion were being developed expand Abu Dhabi International Airport, Dubai World Central and Dubai International Airport. In the space sector, UAE has made great strides, as EIAST made history with the launch of DubaiSat 1 and Abu Dhabi’s YahSat has launched Y1A military and civilian satellite. Both EIAST and YahSat are also on course with new satellite developments, which will further strengthen our imprint in the global space industry. Images relayed by the UAE’s satellites, have been able to incorporate dramatic improvements in urban and agricultural planning through the satellite feeds. ?       

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

aviation adds 63 to gdp aviation adds 63 to gdp

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

aviation adds 63 to gdp aviation adds 63 to gdp

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday