Tuesday, March 19, 2013

Five-year Abu Dhabi plan to spur UAE growth


Plans by Abu Dhabi to invest nearly Dh30 billion through its 2013-2017 development plan will spur growth in the UAE, create about 5,000 jobs and expand the non-hydrocarbon sector, according to an economic analyst.

The plan, approved recently by the Abu Dhabi Executive Council (the emirate's cabinet), is part of a long-term development blueprint known as Vision 2030 that will push the emirate into a new era of socio-economic development.

"The implementation of this plan is expected to result in radical changes both at the social and economic levels. The foremost objective of the plan is to enhance citizen welfare," said Mohammed Al Asumi, a well-known economist based in the UAE.

Read more: http://www.zawya.com/story/Fiveyear_Abu_Dhabi_plan_to_spur_UAE_growth-ZAWYA20130319033106/

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