Abu Dhabi's Key Highlights of Transportation Industries
USD 800 Mn is the Net production value of Abu Dhabi's transportation sector
21.1% is Abu Dhabi's contribution to UAE in transportation equipment production
30% is the projected CAGR of electric vehicles in UAE during 2022-28
The Transportation Industry in Abu Dhabi plays a critical role in the development and growth of the economy. In recent years, Abu Dhabi has invested heavily in enhancing its transportation infrastructure. Abu Dhabi's transportation industry is expected to continue growing, driven by the government's efforts to enhance the sector's infrastructure and services. Moreover, there is also the recent launch of the Industrial Strategy, an investment of AED10bn by the government of Abu Dhabi that is expected to provide further impetus to the sector's growth. The Abu Dhabi Industrial Strategy aims to increase the size of the manufacturing sector and improve Abu Dhabi's trade with global markets, which is expected to create more demand for transportation services.
The industry includes various activities(1) including the manufacture of transportation equipment, such as motor vehicles for transporting passengers or freight, including military vehicles. The manufacture of various parts and accessories, as well as the manufacture of trailers and semi-trailers, is also included here. It also includes shipbuilding and boat manufacturing, the manufacture of railroad rolling stock and locomotives, air and spacecraft, and the manufacture of parts thereof. In addition, this also encompasses other transportation equipment like motorcycles bicycles, invalid carriages, hand-propelled vehicles, and animal drawn vehicles.
(1) The activities listed above have been sourced from the International Standard Industrial Classification of All Economic Activities (ISIC), Rev.4.