Sharjah’s DSCD launches annual economic survey project 2020
The survey’s objective is to measure the overall economic performance and sector-by-sector growth in the Emirate, assess the requirements of quality products and services
The Department of Statistics and Community Development (DSCD) in Sharjah has announced the launch of its annual economic survey project 2020 which will collect economic performance data across the entire spectrum of industries in the emirate as well as that of public and private sector companies.
The project will ultimately help boost Sharjah’s planning and development policies.
Launched this July, this ongoing project seeks to cover the administrative community areas and free zones across Sharjah.
The survey’s objective is to measure the overall economic performance and sector-by-sector growth in the emirate, assess the requirements of quality products and services, number of workers, average wages, the volume of investments, primary and secondary production, and operating revenues. In addition, it will accurately identify each sector’s contributions to the emirate’s Gross Domestic Product (GDP) and identify the number of companies and entities operating in each sector.
Announcing the launch of the new survey, Sheikh Mohamed Bin Humaid Al Qasimi, Chairman of DSCD, said, “The Economic Survey Project 2020 has a pivotal role in spotlighting the macroeconomic indicators in the emirate, identifying growth rates of businesses, measuring investment levels, changes in consumer habits, and assessing the overall growth of the emirate. It also provides an insight into the impact of government policies on the economy and its different sectors, helps forecast growth, and provides accurate data for government bodies to use for both analytical purposes and local, regional, and international comparisons.”
By monitoring the economic realities and providing decision-makers with comprehensive, reliable data and indicators to prioritise development programmes in Sharjah, the DSCD is facilitating the sustainable community development journey of the emirate and the UAE. Al Qasimi added that the DSCD’S data collection and analysis adhere to the highest international standards, the chairman also said.
The data collection process will be implemented either by sending all entities a link to the survey via email and seting up a dedicated call centre for the project. Personal visits will be made to those entities that cannot respond to the survey via email or phone.
The department pointed out that all data collected will be kept confidential according to Law No. 4 of 2014 which regulates the department’s objectives, powers, and competencies, and Article 10 which protects the data of establishments and companies operating in the emirate by permiting its use only for statistical work. The DSCD has called on all respondents to cooperate with its field teams and provide them with the required information for the study.
Arada profit: Arada a prominent real estate developer in Sharjah, has reported sales worth Dhs1.15 billion during the first six months of 2021, an 85 percent increase compared to the same period last year. In total, the developer sold 1,173 homes as investor interest in Arada’s two megaprojects, Aljada and Masaar, continues to gather pace, according to a press release issued on Wednesday.