Abu Dhabi's got money to burn on capital projects
The Executive Council endorsed a new payment of housing loans totaling Dh3 billion that will be distributed to 1500 people from the three areas of Abu Dhabi Emirate
Click here to add Abu Dhabi as an alert
Disable alert for Abu Dhabi,
Click here to add Abu Dhabi Executive Council as an alert
Disable alert for Abu Dhabi Executive Council,
Click here to add Abu Dhabi Golf Club as an alert
Disable alert for Abu Dhabi Golf Club,
Click here to add Abu Dhabi Government as an alert
Disable alert for Abu Dhabi Government,
Click here to add Al Ain as an alert
Disable alert for Al Ain,
Click here to add Al Ghareba as an alert
Disable alert for Al Ghareba,
Click here to add Crown Prince Court as an alert
Disable alert for Crown Prince Court,
Click here to add Deputy Supreme as an alert
Disable alert for Deputy Supreme,
Click here to add Government Contact Centre as an alert
Disable alert for Government Contact Centre,
Click here to add Khalifa Bin Zayed Al Nahyan as an alert
Disable alert for Khalifa Bin Zayed Al Nahyan,
Click here to add New York University as an alert
Disable alert for New York University,
Click here to add Shaikh Mohammad Bin Zayed Al Nahyan as an alert
Disable alert for Shaikh Mohammad Bin Zayed ...,
Click here to add UAE Armed Forces as an alert
Disable alert for UAE Armed Forces,
Click here to add Western RegionThe Council as an alert
Disable alert for Western RegionThe Council
The Abu Dhabi government will invest Dh330 billion to help fund capital projects during the next five years and create 5,000 new job opportunities this year for Emiratis in various sectors in order to upgrade public performance.
General Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu Dhabi Executive Council, said the plans and projects underway were designed to translate into reality the vision of President His Highness Shaikh Khalifa Bin Zayed Al Nahyan.
This vision aims to foster Abu Dhabi’s progress and development as it should be and strengthen the UAE’s status as an economic and social example to be emulated by other world countries, Shaikh Mohammad said in remarks made during the Executive Council meeting he chaired at the Crown Prince Court. The meeting discussed the latest developments of plans and projects in various sectors and the aspired-for objectives tailored to enhance the progress of development in the emirate.
“The noblest objective we work towards have is to ensure every citizen’s welfare and stability. As such, most of our efforts are geared to allow our sons to enjoy the benefits of development and help them contribute, through their creative potentials, to the overall development of the country,” he said.
Part of the financial allocation of the projects has been used to create 5,000 new job opportunities in 2013 for Emiratis in various sectors in a way that will upgrade public performance. The Abu Dhabi government has been offering advanced training courses to qualified UAE nationals and many are being sent abroad to acquire international experience and technical skills.
Reviewing government sector performance
During the meeting, the Council members discussed the performance of various government sectors during the past year. The extent to which the stated objectives in the 2012 general budget have been realized were checked, as well as how much progress was made in major projects within the set timeframe.
Social development projects were given priority in the Council’s deliberations due to their direct impact on public life. The Council members underlined the necessity to move forward with the social development projects in accordance with the timetables already stated because these projects are closely associated with progress being made to projects in other sectors.
As such, the council discussed the main indicators in the health sector and reviewed progress in the Al Mafraq New Hospital Project where 33% of the work has already been completed. The hospital, which accommodates 739 beds, is expected to offer quality services especially in emergency cases. It includes a full-fledged center to treat first degree burns.
As for the Cleveland Clinic, 60% of work in the project has been completed. The hospital will have 364 beds and can be expanded to 490 beds. Regarding the health clinics and centers in Abu Dhabi and the Eastern Region (Al Ain), 90% of the work in seven clinics has been completed. Work in two other clinics is still at the initial stages, having reached only 15%.
The Council members also reviewed work in government schools planned to be opened in the 2013/2014 school year. Fifteen schools will be inaugurated in Abu Dhabi and Al Ain. They can accommodate 15675 students. The Abu Dhabi Future School Programme was also discussed. It includes building 34 schools and 10 buildings for kindergartens; 24.3% of work in the project has already been completed. Infrastructure work in the school buildings is progressing in accordance with the specified timeframe. Another major project is the New York University, where 57% of the project has been completed. The university will be inaugurated in 2014.
In terms of housing projects, the council looked into the status of work in the Wattani project, where progress has reached advanced stages. The project, which includes 703 villas, is expected to be completed in the second quarter of this year. It is located in Khalifa City (A) near the Abu Dhabi Golf Club.
Another major project is Al Ghareba in Al Ain. The first stage of this project, which includes 600 villas expanding over 154,7 hectares, is expected to be completed in the third quarter of this year. The Sila’a housing project is also expected to be completed in the third quarter of this year. It will provide 448 villas on a plot of 130 hectares in the Western Region.
The Strategic Tunnel project in Abu Dhabi is of special economic importance as one of the vital infrastructure projects. All stages of work in the project were discussed. Digging work between work shaft number 8 and 9 of the tunnel in Al Wathba area has been completed, and this means that the 5th breakthrough of the tunnel has been accomplished. The tunnel is 41 kilometers long with 43 kilometers of sub-tunnels and a pump station of 30 cum/second capacity. As for the Al Mafraq-Al Ghwaifat road project, the first stage (80 kilometers) of the project has been completed together with five intersections. Tenders have been forwarded to consultants and contractors for the remaining three stages of the 328 kilometers long road which is divided into four stages.
Housing loans for citizens approved
During the meeting, the Executive Council endorsed a new payment of housing loans totaling Dh3 billion that will be distributed to 1500 people from the three areas of Abu Dhabi Emirate. Names of beneficiaries will be decided at a later stage.
The Council’s decision to offer these loans emanates from the keenness of the President of the State His Highness Sheikh Khalifa bin Zayed Al Nahyan to ensure honorable, dignified and stable life for citizens and their families. It also is in line with the policy adopted by Abu Dhabi Emirate decades ago that makes citizens’ affairs a top priority for the government agenda, thereby securing their social and economic stability.
The new payment of loans meets citizens’ housing demands in Abu Dhabi, Al Ain and the Western Region, there will be 834 beneficiaries from Abu Dhabi, 618 from Al Ain and 48 from the Western Region. Over the past three years 6,416 housing loans valued at Dh13 billion have been distributed to citizens from Abu Dhabi emirate.
Housing projects in Al Ain and Western Region
The Council approved the establishment of housing projects providing 786 housing units and plots of land in Mezyed, Umm Ghafah and Ne’mah in Al Ain as well as in Bida Al Mutawa in the Western Region. Under the Council’s decision, Abu Dhabi General Services “Musanada” has been assigned to appoint a contractor to carry out the housing project in Mezyed and Umm Ghafah in the Eastern Region (Al Ain ).
Other projects include fodder subsidies and supply programme, Government Contact Centre in Al Ain and Updating Sewerage System in Abu Dhabi.
- IMF report details the crippling economic effects of conflict in MENA
- Saudi Arabia's plastic consumption 20 times higher than global average
- VAT in Egypt: A guide to taxed and exempted goods
- Go big or go home: Expat salaries soar in Dubai
- Lebanon: Financial analysts warn of long-term economic repercussions after BLOM Bank attack
- Rihanna wants Abu Dhabi to show her 'da money for a show-stoppin' act
- Tenders out for 582 Housing Units in Abu Ghneim
- Mafraq hospital’s leadership council launches top performers club
- Mafraq Hospital appoints World’s only Emirati ocular Oncologist
- Capital Club Dubai to discuss burning question of the year: Who will be the next President of the United States?