May 2, 2016

Real estate investment reaches US$3.7bn

Investment in real estate during the 2015-16 fiscal year exceeded US$3.7 billion, according to the Directorate of Investments and Company Administration.

Foreign investment made up more than US$3 billion of the total.

The manufacturing sector topped the list for domestic investment with more than US$2.3 billion, followed by real estate with US$694 million, according to the DICA.
Source: Eleven Weekly Media