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Maritime sector contributes<br />
Dh26.9 billion to Dubai's GDP<br />
DUBAI: The maritime sector in Dubai<br />
continues to grow, contributing as<br />
much as Dh26.9 billion in the<br />
e m i r a t e ' s G D P i n 2 0 1 5 , t h e<br />
government disclosed.<br />
Shipping had the largest share,<br />
followed by ports, maritime<br />
engineering, and maritime support<br />
services.<br />
Dubai Customs said the industry<br />
grew by as much as 25 percent<br />
between 2011 and 2015, highlighting<br />
the emirate's success in becoming<br />
one of the most globally competitive<br />
maritime centers in the world.<br />
H.E. Sultan Bin Sulayem, Chairman of<br />
Dubai Ports, Customs and Free Zone<br />
Corporation and President of the<br />
Dubai Maritime City Authority, said:<br />
“The maritime industry<br />
was among the five major<br />
sectors that positively<br />
impacted the economic<br />
growth of the emirate in<br />
2015.”<br />
He said their office will<br />
continue “to develop and<br />
implement strategic<br />
initiatives centered on<br />
nurturing a maritime<br />
environment that attracts<br />
leaders of maritime<br />
industries all over the<br />
world.”<br />
GLOBAL NEWS<br />
H.E. Sultan Bin Sulayem, Chairman of Dubai Ports,<br />
Customs and Free Zone Corporation and President<br />
of the Dubai Maritime City Authority,<br />
Norway-based Menon<br />
Group for Business Economics predicts Dubai will rank 7th among the world's<br />
best maritime capitals by 2020, outperforming London, New York, Tokyo,<br />
Copenhagen, and Rio de Janeiro.