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The UAE will start a new 50-year season through 50 large-scale projects. They are called “50s projects”, and build on the success of the past 50 years to chart an ambitious path for the next 50 years.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces ·His Royal Highness Al Nahyan, jointly announced the launch of the “Bold and Innovative Series of National Strategic Projects”.
.. .. 50 .. …. pic.twitter.com/zT2igj2f9D
-His Highness Sheikh Mohd (@HHShkMohd) September 2, 2021
Sheikh Mohammed wrote on Twitter on Thursday: “We will announce a series of 50 important economic projects from September 5 to lead the next phase of growth.
“The UAE will not wait for the future, it will shape its own future.”
Sheikh Mohamed bin Zayed added that these projects will extend the development of future generations in the UAE.
This month, 50 new national projects will be announced to continue our development process for future generations. Encourage the people of the UAE to participate and use their knowledge, creativity and resourcefulness so that our country can seize the opportunities in the future.
-(@MohamedBinZayed) September 2, 2021
“Encourage the people of the UAE to get involved and use their knowledge, creativity and resourcefulness so that our country can seize the opportunities in the future.”
These projects will lay the foundation for a new era of growth for the UAE both domestically and internationally.
They aim to promote the UAE’s economy, which is the country’s top priority to ensure a decent life for citizens and residents; double foreign direct investment (FDI); and promote the UAE’s status as an incubator for talent and investors from all over the world .
The UAE Government Media Office stated: “Their goal is to transform the UAE into a comprehensive center for all sectors and creative and innovation fields, positioning the UAE as a land of opportunity and a destination for people seeking a global experimentation platform for bold and successful ideas.” Said.
These projects will cover economic and social development, with a focus on entrepreneurship, digital and circular economy, and the application of the fourth industrial revolution.
The media office added: “Through these multiple specializations, the initiative strengthens the goal of economic diversification in order to expand the national economic base and expand the source of total income.”
The economic and development project aims to “establish the regional and international status of the UAE as a major economic center and outstanding supporter.” The competitive business environment will attract investors, innovators, entrepreneurs and talents from all over the world.
“All efforts are focused on the goal of promoting the knowledge economy and turning the UAE into a laboratory of bold ideas and pioneering projects to promote the UAE as a successful global country.”
sahim@khaleejtimes.com
Sahem Salem
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