Dubai has announced new transformative strategies and projects worth AED18 billion ($4.9 billion), mainly designed to enhance quality of life and shape a better future for its residents, reported Wam.
These project cover several key sectors including infrastructure, culture, trade, investment and urban development, as the emirate seeks to support long-term economic growth and improve quality of life.
It was approved by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, during the meeting of The Executive Council held at Emirates Towers.
It was attended by senior officials including Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai.
Chairing the meeting, Sheikh Hamdan said: “Dubai, which has become synonymous with ambition and achievement, backs its words with action and continues to write new chapters of success. Under the vision of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, we are building a city that does not pause. We plan for the future while delivering for the present, ensuring that every step forward is anchored in progress and purpose.”
Dubai, he stated, will embark on an ambitious new path that will support the Dubai Plan 2033 and the Dubai Social Agenda 33, making the city a global cultural reference, rooted in the UAE’s heritage, pioneering innovation and talent.
“Just as we nurture the cultural landscape, we consolidate our mission across every dimension of the city, including the way we plan our urban areas, harness data for policymaking, empower our people, attract investment, and support new sectors. Today’s approvals reflect the breadth of Dubai’s ambitions and the depth of its commitment to its residents and generations to come,” he added.
Among the largest infrastructure projects which got the go-ahead is the First Al Khail Street Development Plan, which will introduce a strategic corridor parallel to Sheikh Zayed Road, featuring a 15-km-long elevated carriageway with three lanes in each direction, said the Wam report.
Construction is scheduled to begin in the third quarter of 2027 and is due to be completed by the fourth quarter of 2030.
The project will serve 2.6 million people, provide access to Al Barsha, Al Quoz, Business Bay, and Meydan, and reduce travel time on Sheikh Zayed Road by 51% during peak hours. It will also enhance road network efficiency and increase capacity by approximately 9,000 vehicles per hour.
Sheikh Hamdan said the Dubai Cultural Strategy 2033, supervised by Dubai Culture and Arts Authority, aims to position Dubai as a leader in cultural innovation and collaboration rooted in the UAE’s heritage, while establishing the city as a global hub for talent, the preferred destination for creative projects, a global reference for safeguarding cultural heritage, and a global model for social cohesion.
The strategy, which aligns with the Dubai Plan 2033 and the Dubai Social Agenda 33, is built on four pillars and includes 40 initiatives supported by five sectoral indicators and 23 key performance indicators, he stated.
Major initiatives include the Dubai Cultural and Creative Innovation Programme, the UAE Heritage Design Challenge, and the Future Talents Development Programme.
The aim is to support over 6,000 local talents, attract more than 6,000 international creatives, increase Dubai’s cultural asset footprint by over 200%, raise the sector’s GDP contribution to 5.4%, and grow the value of public-private partnerships in the sector to AED2.75 billion.
The Dubai Customs Strategy 2030 focuses on facilitating trade, strengthening economic partnerships, enhancing security and compliance, and improving the customer and partner experience. The strategy aims to ensure seamless trade, boost Dubai’s global competitiveness, protect communities, and consolidate Dubai’s position as a global trade hub.
Send us your company’s news today and they could be featured on ABC’s Community News tommorow.