Dubai Approves FDI Development Programme

Dubai Approves FDI Development Programme

Aims to attract US$180 billion of FDI inflows to the emirate until 2033

Sheikh Maktoum bin Mohammed chaired the meeting of the Dubai Executive Council approving the 'FDI Development' programme, which aims to attract US$180 billion of FDI inflows to the emirate until 2033 with incentives of up to US$7 billion in 10 years to further Dubai's ambitious plans.

An economic model of the Emirate of Dubai has been set up through database containing more than 3000 indicators to measure macroeconomic performance indicators and key sectors to enhance consumer and investor confidence.

Further, a Metro Perimeter Framework Plan has also been created to enhance sustainability and quality of life in Dubai.

The 'Manbar' program plans to double the number of citizens working in mosques and rehabilitate them.

Meanwhile, the 'Ghiras Al-Khair' program will qualify and empower citizen content creators and consolidate the values of tolerance and national identity.

Read More: Dubai Launches Commercial and Logistics Land Transport Strategy 2030

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