VP says UAE will invest in added-value projects
04 June, 2015
Underlining UAE Vision 2021 and the country’s strategy that gives top priority to the happiness and welfare of UAE citizens and residents, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirmed that the country will continue to invest in qualitative developmental and added-value projects guaranteeing quality lifestyle for its citizens, residents and visitors alike. Sheikh Mohammed also stressed the importance of promoting creativity and innovation as key prerequisites for project planning, in order to efficiently reflect the country’s ambitions to further establish itself as a prime destination for living and working. His statement came while reviewing the Al Mamzar mixed-use beachfront project to be developed by Emaar Properties in collaboration with Dubai Municipality at an initial cost of AED10 billion. Described as Dubai’s largest development of its kind, the project is set to become a new modern landmark for the emirate and will translate its vision to enforce sustainability targets.