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Abu Dhabi to Invest $200 Billion on Infrastructure Development


Guide2Dubai.com
December 23, 2008


Abu Dhabi has entered into an ambitious development plan, to
develop infrastructure of the capital under the Plan Abu Dhabi
2030, which would serve as a comprehensive guideline for
development of the city, for the next quarter of a century,
said Falah Mohammad Al Ahbabi, the Director General, Urban
Planning, Executive Affairs Authority in Abu Dhabi.

About $200billion has been assigned for various projects
during the coming years, out of which, the government’s share
would constitute only 40%, while the rest will come from
private sector.

The real estate and construction sectors will witness an
unprecedented growth, and the Plan Abu Dhabi, has been drawn
in consultation with renowned experts in the field, says Al
Ahbabi.

The Plan is based on principles of sustained development, and
is based on future population and economic realities on Abu
Dhabi.

 

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