Posted by Bob Brunskill
Abu Dhabi's health sector is an attractive investment opportunity, Oxford Business Group (OBG) has said.
OBG identified the potential for privatisation, growing patient demand and successful health care reforms as key drivers of future investment.
Zaid Al Siksek, the chief executive of the Health Authority - Abu Dhabi (HAAD), told the group that while plans for further privatisation are already in place, HAAD's concern was to also show investors that it will get the right return on investment in a transparent fashion.
Mr Al Siksek said that the body was doing this by creating a clear financing system with fixed prices, linked to key performance indicators for health providers.
In addition, OMG found that the amount of available data about the health sector for investors has improved greatly, with regular data now informing interested parties about population, demographics and the growth in patient demand.
As a result, significant opportunities were identified for international healthcare suppliers and manufacturers to expand their operations in the UAE.
In other UAE investment news, the Dubai government announced last month that it had signed an agreement with global management consultancy firm A.T. Kearney to help develop strategies for increasing foreign investment in the emirate.