Team Blitz India
The Global Competitiveness Report 2023, issued by the World Economic Forum at Davos, ranked the UAE fourth globally in infrastructure quality.
“The recognition is a testament to the ongoing efforts, planning, and substantial investments made by the Government to develop the country’s infrastructure. In the past ten years, the Ministry of Energy and Infrastructure invested AED 13 billion to execute 258 projects,” said Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure.
“Our plan for the next five years involves the construction of 127 security, educational, service, and road projects at a cost of AED 9 billion to meet the needs of various areas across the UAE. In 2023 alone, we constructed, maintained, and increased the efficiency of government service buildings at a cost over AED 1.5 billion,” he added, quoted HiDubai website.
Hanan Mansour Ahli, Director of the Federal Competitiveness and Statistics Centre, was quoted as saying by some news websites that “infrastructure in the UAE is considered a leading global model.” The country, She was quoted, “had developed its infrastructure according to the best international standards and specifications, which has brought it to the ranks of major countries, within a short period of time,”
It is noteworthy that the UAE’s advanced infrastructure has attracted foreign investments and enhanced the country’s GDP, reports added.