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Monday, September 27, 2021

Dubai Ruler announces to launch new series of national strategic projects that will lead next era of growth for UAE

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HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and the Deputy Supreme Commander of the UAE Armed Forces, has announced the launch of a new series of national strategic projects that will lay the foundations for a new era of growth for the UAE – both domestically and internationally.

The program of economic and developmental projects are designed to set up the UAE’s regional and international status as a significant economic center point and a champion of excellence, with a competitive business environment that will draw in investors, trend-setters, entrepreneurs and talents from across the world, news announced.

The projects will expand on the UAE’s accomplishments of the beyond 50 years and diagram an aspiring way for the following 50.

By means of a tweet HH Sheik Mohammed bin Rashid Al Maktoum said: “The UAE is beginning another season in an alternate manner this year. We will declare a progression of 50 critical economic projects beginning from September 5 to lead the following period of development.”

In the interim, HH Sheik Mohamed bin Zayed Al Nahyan tweeted: “50 new national projects will be declared for the current month, broadening our development journey for generations to come. Individuals of the UAE are urged to participate, harnessing their knowledge, creativity and genius so our nation can take advantage of the lucky breaks of things to come.”

Uniting all areas of the society to lead the following period of development, the projects will cover economic and social development, zeroing in on entrepreneurship, the digital and round economies, and utilizations of the Fourth Industrial Revolution. With these numerous specializations, the drive supports the goals of economic diversification to widen the foundation of the national economy and grow the wellsprings of total income.

The new projects aim to advance the UAE’s economy, a top national priority, to ensure a decent life for citizens and residents, double the Foreign Direct Investment (FDI) and boost the UAE’s status as an incubator for talents and investors from all over the world. They aim to transform the UAE into a comprehensive hub in all sectors and areas of creativity and innovation, positioning the UAE as a land of opportunities and a destination for those seeking a global testbed of bold and successful ideas.

All endeavors are centered around the goal of fostering a knowledge economy and transforming the UAE into a research facility for strong thoughts and groundbreaking projects to help the UAE as a successful global nation.

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