Over the next decade, the recently launched Dubai Economic Agenda
‘D33’ will serve as a roadmap for the city to double the size its
economy and position itself in the top three global cities.
“The Dubai Economic Agenda ‘D33’ includes 100 transformative
projects, with economic targets of AED32 trillion (US$8.7 trillion) over
the next 10 years, doubling our foreign trade to reach AED25.6 trillion
and adding 400 cities as key trading partners over the next decade,”
said Mohammed bin Rashid Al Maktoum, vice president and prime minister
of the UAE and Ruler of Dubai.
The Emirate is galvanising 300,000 stakeholders and investors in
Dubai to fulfil the agenda which includes increasing foreign direct
investment (FDI) to over AED650 billion (US$177 billion) and an annual
AED100 billion (US$27 billion) contribution from digital transformation.
The launch of the ‘D33’ Agenda was announced as part of Mohammed’s
annual address on the anniversary of hid Accession Day on 4 January,
where he spoke about his vision at making Dubai a utopia for people to
live and work in.
The agenda outlines Dubai’s plans in investing in human development,
skillsets and advanced technology and consolidating Dubai’s global
competitiveness, innovation and knowledge-based economy. It will further
leverage Dubai’s location and its infrastructure to elevate the city’s
status as a preferred destination for major international companies and
investments.
One of the key priorities and focus of the ‘D33’ Agenda is to
establish Dubai as one of the top three international destinations for
tourism and business. The city aims to achieve this by providing a
globally competitive environment for business sustainability and
reducing the cost of doing business across a number of sectors.