Hamdan bin Mohammed says AED128 billion plan for world’s largest airport reflects Dubai investment in the future:

by UAE Breaking
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Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, is a major catalyst for economic growth, a global tourism destination and an important transportation hub.

Dubai

Approved major projects aimed at further strengthening Dubai’s position as a Connecting the continent in accordance with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.

Chairman of the Board of Directors meeting at the Arabian Travel Market (ATM) exhibition held at the Dubai World Trade Center today, Sheikh Hamdan said: “Dubai is investing in the future and Sheikh Mohammed・After Prince Vinh, China has become a leader in world tourism.” Rashid” Al Maktoum announced that he would invest Dh128 billion to build the world’s largest airport, capable of accommodating 260 million passengers a year.

“Dubai is a bridge between North, South, East and West, providing cutting-edge infrastructure for business and laying the foundations for global expansion.” Community participation in shaping Dubai’s future “ We want to achieve balanced economic and social development by putting people at the center of progress and involving Dubai’s people in shaping its future.” Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, and Vice-Chairman of Dubai Executive Council. S.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Vice-Chairman of Dubai Executive Council. and S.H. Sheikh Ahmed bin Saeed Al Maktoum, Director-General of Dubai Civil Aviation Authority and Vice-Chairman of Dubai Executive Council.

During the meeting, Mr. Issam Kazim, CEO of Dubai Corporation for Tourism and Commerce Marketing (DCTCM), part of Dubai Economy and Tourism (DET), which includes departments such as: A report has been released highlighting the strong performance of Dubai’s tourism sector. Leisure tourism, cultural tourism, ecotourism, medical tourism, events and conferences, etc.

The Council also considered indicators of global demand growth for Dubai’s tourism services. This growth will be accommodated by Al Maktoum International Airport, which upon completion will be the world’s largest airport with 400 gates and five runways. The airport directly supports the goals of the Dubai Economic Agenda (D33) and aims to place Dubai among the top three tourist destinations in the world.

The Executive Board approved the Commercial Transport Strategy 2030 in line with D33. The strategy aims to almost double the contribution of the commercial transport and logistics sector to the emirate’s economy to approximately Dh16.8 billion, and increase technology adoption in infrastructure by 75%. Reduce CO2 emissions by 30% and improve operational efficiency by 10%.

Under the strategy, Dubai aims to adopt several projects over the next seven years to support the sector’s growth and boost its competitiveness.

The Executive Council approved a plan to improve traffic flow in Dubai to support business efficiency and elevate quality of life. The plan includes developing priority public bus routes to improve trip times by up to 59 percent. The plan also includes developing a policy to encourage school students to use school transport, which will help improve traffic flow around schools by 13 percent. Additionally, the plan aims to expand the implementation of flexible working hours and remote work policies within the public and private sectors to ease traffic congestion across Dubai.

The Executive Council approved Dubai’s strategic direction for boosting data centre economy, aiming to establish the city as a leading destination for the future economy driven by emerging technologies. Aligned with Dubai Economic Agenda, which aims to boost productivity by 50 percent through digital adoption and innovation, the strategy focuses on developing high-performance computing, utilising liquid cooling systems, and providing advanced data centres powered by renewable energy. By 2028, Dubai aims to be a hub for sustainable data centres, equipped for Artificial Intelligence (AI) applications and next-generation networking technologies like Web 3.0 and the Metaverse.

This initiative seeks to increase Dubai’s data capacity by five times, enhance value addition by AED14.3 billion annually, and solidify its position as a regional data industry hub. The project reinforces Dubai’s appeal for global AI investments with its cutting-edge infrastructure and investor-friendly environment. Implementation oversight will be managed by the Dubai Digital Authority and other relevant entities.

The Executive Council also approved the Community Participation Policy, which supports the Dubai Social Agenda 33 by increasing community participation in shaping policy, legislation and government services. The move aims to improve the quality of services by aligning them more closely with community needs and expectations, which will be identified through enhanced public engagement. The policy will facilitate cooperation between various stakeholders to benefit the quality of life of all Dubai residents.

Developed in collaboration between the General Secretariat of the Executive Council of Dubai, the Dubai Digital Authority, the Supreme Legislation Committee, and the Department of Finance, the Community Engagement Policy is based on the principles of inclusivity, empowerment, sustainability, cooperation, and transparency.

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