Top 5 reasons to invest in Food and beverages industries in Dubai
Dubai has become the international business hub with world class infrastructure, well business environment and tax free system is has become the right place to do the business. Dubai government has the most transparent business regulation, good transportation facilitates and road connectivity to the Middle East. The food and beverages sector has the highest growth rate last three years due to the high demand of food. Dining out is the favorite activity which many of the residents in UAE are interested and they are changing the traditional food habits as well. Residents are more aware of what they are eating and they are concerned about the quality of the food. This is another reason for the high demand of organic and natural food in UAE. High growth of population and high tourist arrival are major factors for the demand of food. Dubai is expecting the strong growth in construction and will engage the expatriate to invest in food outlets, supermarket, groceries etc. Dubai customs provide the high quality facilities which include the easy shipment and customs clearance which helps the movements of goods in international market without any delay. Food court is another choice for the UAE residents and ordering food through online platforms is most common here now a days.
High Density of expatriate population: Dubai has the largest population of expatriate in the emirates. Due to the increase of investment and job opportunities, the expatriate population has the major role for the contribution of the total population of the UAE. It makes the great impact of the business and economic development of Dubai. Majority of the Indian expatriates have majorly invested in cafeteria, restaurant, and catering and other food outlet because of the high demand for food.
Business friendly environment: with multi cultural and family friendly environments make Dubai as a lifestyle destination. Most of the multinational companies are planning to move to Dubai. Government provides good business policies and very transparent government regulation. For import and export, Dubai is become the hub. Dubai is the safest country in the Middle East in comparison to other country in the region.
Strong growth in construction industry: Dubai real estate and construction shows the strong growth rates now because of the expo2020. There are number of construction projects going on in most of the emirates in UAE. World class real-estate companies have the massive investments in different project in Dubai. Dubai is one of the top tourist destinations in this region it increases the construction of residential and nonresidential building in different part of the country.
High growth rate in tourism sector: Dubai is the one of the important tourist destination in the Middle East. Tourism as it is the main source of income which has contributed to the Dubai economic growth recent years. Dubai has the excellent flight network world class and mid class hotels and resorts available which will help to balance all types of tourists across the globe. Number of tourist people coming increased every year. Because Dubai has many culture and natural heritage attractions.
World class infrastructure: The infrastructure in Dubai is well developed. Its includes the world class airports, metro, roads, logistics facilities, etc. The infrastructure also includes the hospitals, schools, world class hotels, shopping malls etc. Dubai has already formed the different clusters to develop in Media, IT, logistics, commodities, Healthcare and financial services etc.