How UAE is Planning to Steer its Development with these Pioneering Strategies
UAE, one among the fastest progressing countries in the world, is on a constant lookout for strategies and programs that will take the nation to the next era of development. These strategies focus on developments in almost every sector, be it healthcare, education, energy or economy.
- UAE Vision 2021
UAE Vision 2021, launched in 2010, aims to provide the highest possible standards of welfare to the nationals. The program “sets the key themes for the Socio-economic development of the UAE” and calls for “a shift to a diversified and knowledge-based economy”.
- UAE Centennial 2071
The purpose of the project which is based on four aspects, Education, economy, government development, and community cohesion, is to make UAE the best country in the world by the year 2071.
UAE Water Security Strategy 2036
Ensuring sustainability and continuous supply of water throughout is the major aim of water security strategy. The objectives of the strategy are:
- Reducing total demand for water
- Increasing the water productivity index
- Reducing the water scarcity index
- Increasing the reuse of treated water
- Increasing national water storage capacity
The strategy focuses on Water Demand Management Programme, the Water Supply Management Programme and the Emergency Production and Distribution Programme.
- UAE Energy Strategy 2050
Energy Strategy 2050 was launched in the year 2017, with the objective to increase the contribution of clean energy in the total energy mix. The other aims include reducing the carbon footprint of power generation and increasing consumption efficiency of individuals and corporates.
- Artificial Intelligence Strategy
The government of UAE launched the country’s first Artificial Strategy in the year 2017, a first of its kind in the region and the world. According to reports, Artificial Intelligence is expected to enhance economic growth by 1.6 percentage points and add US$182 billion to the national economy by 2035.
Objectives of the strategy
- To meet the goals of UAE Centennial 2071
- Improve government performance at various levels
- To use an integrated smart digital system
- Make UAE excel in the field of AI investments
- Build a new & vibrant market of great economic value
Dubai is on its way to astonish the world, with EXPO 2020, a festival of human ingenuity. The universal exhibition that will commence from October 20, 2020, will be hosted by Dubai and the theme is ‘Connecting Minds, Creating the Future’. The staging of the exhibition and the related preparations are expected to produce nearly 300,000 jobs and a surge in the number of visitors, from at least 25 million to 100 million.
These strategies will definitely prove to be helpful in steering the nation’s growth by recognizing future requirements and challenges.
Set Up Offshore Company in Dubai
Creating a business in the UAE is the first step toward financial success. You can establish an offshore company in Dubai or any other part of the UAE. Factors such as the industry can influence the type of company chosen.
Company Formation in Dubai, UAE
Dubai has developed as a global center for commerce and trade over the past decade, and as a result, many business communities from across the world have moved their activities therein.
Get in touch
Whatever your question our team will point you in the right directionStart the conversation