Economic Survey Project launched in Sharjah

By Rajive Singh

SHARJAH 22 May 2019: The Sharjah Department of Statistics and Community Development (DSCD), has rolled out the implementation phase of its latest economic survey project, which will encompass all administrative communities and free zones in the emirate.

The project was launched in January this year. More than 5,800 organisations from all areas and cities of Sharjah including 860 major companies have been notified by the Department about the survey, said Wam.

The survey’s objective to collect performance data of public- and private-sector companies, as well as non-profits. The final report will be a comprehensive analysis of sector-by-sector growth of Sharjah, its current economic realities, and will accurately identify each sector’s contributions to the emirate’s economic diversification process.

The report will offer local and global investors fresh insight into the opportunities and challenges unique to each sector in the emirate of Sharjah, and allow them to better determine their areas of interest.

This new survey follows the one that the Department carried out in 2018, with 12 specific goals laid out including touchpoints like GDP, salaries of male and female workers, and income of numerous markets classified under sectors, areas and regions in Sharjah.

Sheikh Mohammed bin Humaid Al Qasimi, Chairman of DSCD, said, “Through these annual surveys, DSCD furthers its mission to offer governments and investors a clear understanding of Sharjah’s year-on-year growth comparison, and an insight into key variables driving the emirate’s diversification process, in view of more recent market variables that come into play owing to changing business trends and global annual business performance.”

The project, he said, is equally relevant to the UAE and the region, as Sharjah is one of the main drivers of the local economy. The comprehensive nature of the survey – covering all major sectors of our economy – will lead to findings, which will be key to assessing future investment prospects.

The survey and data collection process will be implemented using a printed questionnaire delivered by researchers to the respondents or through the online questionnaire link. A team of experts from DSCD will follow up and review the inputs.