Abu Dhabi reveals $17.96 billion investment plan for 144 projects

Investments to span various sectors, including housing, quality of life, and education
Abu Dhabi reveals $17.96 billion investment plan for 144 projects
Abu Dhabi

The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has announced the approval of 144 projects across Abu Dhabi by the Abu Dhabi Executive Council. These projects, with a total budget of approximately AED66 billion ($17.96 billion), will cover various sectors including housing and quality of life, education and human capital, tourism, and natural resources.

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Comprehensive community development with amenities and services

To strengthen the housing sector, over AED59 billion has been allocated for the development of housing and public facilities throughout the emirate. This includes the comprehensive development of communities with a wide range of amenities and services. AED4 billion has been assigned for education and human capital, followed by over AED1.1 billion for boosting tourism. Additionally, around AED50 million has been designated for projects aimed at enhancing the emirate’s natural resources.

In line with ADPIC’s commitment to improving the lives of citizens, approximately 13,000 housing units will be built in Abu Dhabi, Al Ain, and Al Dhafra. This will streamline the allocation process for government housing beneficiaries, reducing waiting times and increasing efficiency in delivering housing solutions.

Strengthening social bonds

Beyond infrastructure, the plan aims to strengthen social bonds by developing social spaces such as mosques, community and sports centers, retail offerings, police and civil defense facilities, and more. This focus on social, recreational, and safety facilities promotes public engagement and well-being, creating spaces that cater to the diverse needs of residents and contribute to a vibrant community life.

The plan also includes the construction and improvement of parks, public spaces, walking lanes, playgrounds, and specialized cycle tracks. These amenities not only provide recreational opportunities but also emphasize a commitment to a healthier and more active population.

Additionally, efforts to enhance transport and mobility will introduce a variety of bike lanes and pedestrian walkways across the emirate, encouraging the public to adopt more eco-friendly habits.

Increased investments in vocational training and education

ADPIC has also announced increased investments in vocational training and education. Alongside renovations and capacity expansions of schools and training centers, additional projects will support early childhood learning and general human capital development.

Budgets have been allocated for the creation and maintenance of cultural destinations and buildings that celebrate the rich tapestry of Emirati heritage, supporting the emirate’s tourism sector.

Investments in diverse aquaculture farms, including fish and shellfish breeding, raising, and harvesting, will further boost the emirate’s food security and meet market demands.

The comprehensive plan unveiled by ADPIC represents a significant step towards a more vibrant and sustainable future. Alongside infrastructure improvements, the initiatives also demonstrate a dedication to fostering economic growth, improving community well-being, and preserving the environment.

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