| 2 March 2024, Saturday |

UAE set to invest $3.2bn in development projects by 2023

The United Arab Emirate is investing $3.2 billion in 129 development projects by 2023, as part of the Ministry of Energy and Infrastructure’s five year plan from 2018-2023.

Hassan Mohammed Juma Al Mansouri, Under-Secretary of the Ministry of Energy and Infrastructure, said that the nationwide developments include constructing 70 government buildings at a cost of $1.8 billion.

The ministry will also implement 17 projects to be used as health facilities and a further 26 for the UAE’s Ministry of Interior.

The plans include 12 infrastructure developments for educational facilities while there are plans to develop 15 government buildings which are accessible to the public.

A further 28 projects will be carried out to construct and maintain federal roads and 31 others for dams and water canals, at a total cost of $1.4 billion.

  • The National News