Dubai: Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, has approved major projects meant to further strengthen Dubai’s position as a leading catalyst for economic growth, a destination for global tourism, and a crucial transport hub connecting continents in line with the vision of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai.
Chairing a meeting of The Executive Council at the Arabian Travel Market (ATM) exhibition taking place at Dubai World Trade Centre, Sheikh Hamdan said that, “Dubai is investing in the future and is leading global tourism following Sheikh Mohammed bin Rashid Al Maktoum’s announcement to build the world’s largest airport with an AED128 billion ($34 billion) investment and a capacity for 260 million passengers annually.”
“Dubai represents a bridge between North, South, East and West. It provides state-of-the-art infrastructure for companies, setting the foundation for global expansion,” Sheikh Hamdan added.
The Executive Council’s meeting was attended by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, and Deputy Chairman of The Executive Council of Dubai; Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Deputy Chairman of The Executive Council of Dubai; and Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority and Deputy Chairman of The Executive Council of Dubai.
The Council also looked at data indicating rising demand for Dubai’s tourism offerings worldwide. The Al Maktoum International Airport, which will eventually have five runways and 400 gates, will be the largest in the world to accommodate this growth. The goal of the Dubai Economic Agenda (D33), which is to rank the city among the top three worldwide travel destinations, will be directly supported by the airport.
The Executive Council approved the Commercial Transport Strategy 2030, which aims to reduce carbon emissions by 30 percent, increase infrastructure technology adoption by 75 percent, improve operational efficiency by 10 percent, and nearly double the sector’s contribution to the emirate’s economy to approximately AED16.8 billion ($4.6 billion).
A plan to enhance Dubai’s traffic flow in order to boost corporate productivity and improve quality of life was approved by the Executive Council. Creating priority public bus lines is part of the aim to cut travel times by up to 59 percent.
The Executive Council gave its approval to Dubai’s plan to develop the data center economy and position the city as a major hub for the burgeoning new technology economy.
Additionally, the Community Participation Policy was approved by the Executive Council. This policy increases community involvement in the development of laws, policies, and government services, thereby supporting Dubai Social Agenda 33.