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Behind these 50 ambitious economic and social projects is the UAE’s success in driving growth even during the pandemic.
The UAE leadership will announce a series of major projects tomorrow, the first of 50 new projects, which will usher in the next phase of growth in the country.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and Sheikh Mohammed bin Zayed Al, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces His Highness Renahyan announced the launch of “Bold New Series of National Strategic Projects” last Thursday.
These announcements will be announced at five independent events throughout September, attended by UAE ministers and senior officials.
The first set of plans will be announced tomorrow at Jumeirah Emirates Towers Hotel, three months ahead of the celebration of the UAE’s 50th National Day on December 2.
Behind these 50 ambitious economic and social projects is the UAE’s success in driving growth even during the pandemic.
Although most of the world stagnated during the Covid-19 outbreak, the UAE’s economic landscape and infrastructure are still evolving. Large-scale projects emerge in endlessly, and social projects continue to change lives. In the middle of all this, this country even reached the Red Planet.
Through the National Covid-19 Crisis Management and Governance Committee, the government ensures an effective recovery from the pandemic.
In a challenging year, the UAE successfully completed all preparations for the world’s greatest exhibition, Expo 2020 Dubai. Al Ain Dubai, the world’s tallest ferris wheel, is about to open, and the Museum of the Future has been completed.
In July, the UAE opened three main roads, reducing travel time across the country and improving safety at a cost of Dh1.9 billion. The large-scale development project launched three roads connecting Mleiha in Sharjah with Al Shuwaib in Abu Dhabi; Hatta Dubai and Masfout in Ajman; and Al Qour Mountain in Ras Al Khaimah, and Al Madam and Al Shuwaib in Sharjah Hatta Dubai.
Ambitious buildings such as One Zabeel, Yas Bay, Ciel Dubai, Midfield Terminal, Abu Dhabi Hindu Temple, Abrahamic Family House and Abu Dhabi Sea World will change the overall skyline of the country.
During the pandemic, the UAE changed its governance structure. The UAE Cabinet approved the launch of 33 initiatives to support economic sectors. It also set up an interim committee to coordinate and follow up the implementation of flexible programs and increase business growth rates.
The government approved the UAE Development Bank’s strategy to provide enterprises and start-ups with financial support of 30 billion dirhams-an important step to promote the development of the national economy. This move has secured financing for more than 13,500 SMEs and created 25,000 jobs.
At the grassroots level, the UAE’s medical department handled the crisis based on scientific evidence and successfully vaccinated nearly 80% of the country’s population.
Now, the 50 projects to be announced will cover economic and social development-focusing on entrepreneurship, digital and circular economy, and the application of the fourth industrial revolution. The government media office stated that this will also lay the foundation for a new era of growth for the UAE both domestically and internationally.
Senior officials who will participate in tomorrow’s event include Cabinet Affairs Minister Mohammed bin Abdullah Al Gergawi; Industry and Advanced Technology Minister Dr. Sultan bin Ahmad Sultan Al Jaber; and Economy Minister Abdulla bin Touq Al Mari.
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade; Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications; Saeed Al Eter, Chairman of the UAE Government Media Office will also be present.
dhanusha@khaleejtimes.com
Danusha Gukulan
Dhanusha Gokulan is from India and has been working as a journalist for more than ten years. For Khaleej Times, she reports on NRI affairs, civil aviation and immigration issues. She received a bachelor’s degree in journalism, economics and English literature from Mangalore University in 2008 and is currently pursuing a master’s degree in contemporary media leadership and innovation at the American University in Dubai. In her spare time, she gets involved in singing/song writing, loves food, and is the mother of an over-enthusiastic Labrador Retriever. On her Twitter @shootsprintrite.
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