50 new projects: UAE shapes its own future

LEADERS SET PATH FOR SOCIAL, ECONOMIC DEVELOPMENT

Starting Sunday, the UAE will announce a series of 50 national social and economic projects to lay the foundation of a new era of growth as it celebrates its Golden Jubilee.

The announcement was made yesterday by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and the Deputy Supreme Commander of the UAE Armed Forces.

The comprehensive projects will build on the UAE’s successes of the past 50 years and chart an ambitious path for the next 50.

“The UAE is starting a new season in a different way this year. We will announce a series of 50 significant economic projects starting from September 5 to lead the next phase of growth. The UAE does not wait for the future, it shapes its own future,” Shaikh Mohammad Bin Rashid said.

Shaikh Mohammad Bin Zayed Al Nahyan also tweeted that “50 new national projects will be announced this month, extending our development journey for generations to come. The people of the UAE are encouraged to take part, harnessing their knowledge, creativity and resourcefulness so our nation can seize the opportunities of the future”.

The economic and developmental projects are designed to establish the UAE’s regional and international status as a major economic hub and a champion of excellence, with a competitive business environment that will attract global investors, innovators, entrepreneurs and talent.

The UAE is starting a new season in a different way this year. We will announce a series of 50 significant economic projects starting from September 5 to lead the next phase of growth.”

Shaikh Mohammad Bin Rashid Al Maktoum

Hub for global talent

The projects aim to advance the UAE’s economy, further enhance living standards, double Foreign Direct Investment and transform into a hub of creativity and innovation.

The UAE leadership’s efforts are focused on fostering a knowledge economy and turning the UAE into a laboratory for bold ideas and groundbreaking projects to boost its status as a successful global nation.