Sign in
Abu Dhabi launches 144 projects valued at AED 66 bn to drive growth: The Abu Dhabi Projects and Infrastructure Centre (ADPIC) announced that the Abu Dhabi Executive Council greenlit 144 projects across the emirate, with a combined budget of AED 66 bn, according to an Abu Dhabi Media Office statement. These projects span housing, education, tourism, and natural resources.
#1- HOUSING- An investment of over AED 59 bn has been earmarked for the housing sector in the emirate, with a focus on constructing housing and public amenities. ADPIC plans to develop 13k homes across Abu Dhabi, Al Ain, and Al Dhafra, and to streamline government housing allocation, cut waiting times, and boost efficiency in offering housing solutions.
#2- EDUCATION- Some AED 4 bn was allocated for education and human development, including investments in vocational training and education. This includes renovating and expanding schools and training centers, as well as launching new projects to support early childhood education and overall human capital development.
#3- TOURISM- An allocated AED 1.1 bn will go towards supporting tourism, specifically targeting cultural landmarks and infrastructure to enhance visitor experiences and safeguard Emirati heritage.
#4- NATURAL RESOURCES- Projects aimed at preserving natural resources were allocated AED 50 mn. Investments in various aquaculture farms will be ramped up to enhance the emirate’s natural resources. These farms will focus on breeding, raising, and harvesting different species of fish and shellfish, aiming to improve food security and meet market demand.
