UAE private sector engine to drive future

The UAE’s logistics system is the strongest and most efficient in the region and the private sector is the engine of the future economy, said His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Sovereign of Dubai. Saturday.

He announced that the UAE must continue to develop its transport systems to preserve excellence in this regard.

“We want to achieve another qualitative leap in infrastructure, energy and transport, and this leap must take place as part of a comprehensive and integrated plan,” said Sheikh Mohammed during a meeting with a team from the Ministry of Energy and Infrastructure. .

Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs; Mohammed bin Abdullah Al Gergawi, Minister of Cabinet Affairs; and Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Infrastructure, attended the meeting.

“Today, the UAE is the region’s largest hub for business and innovation, energy and infrastructure projects are key to sustaining this distinction,” Sheikh Mohammed said. He presented the private sector is the engine of the future economy and the UAE will continue to develop a partnership with the private sector in the sectors of infrastructure, energy, transport and housing projects.

Al Mazrouei presented to Sheikh Mohammed and his accompanying delegation the ministry’s ten-year plan, aimed at integrating the energy, infrastructure, housing and transport sectors into a comprehensive resource management system to improve services and ensure sustainability.

He also briefed the Prime Minister on the country’s pioneering rankings in the energy, infrastructure and housing sectors, as the UAE maintained its first global ranking for the third consecutive year with scores of 100% across all indicators “ Getting electricity ” in the World Bank. Doing Business 2020 report.

The UAE is also ranked first regionally and 12th globally in terms of infrastructure quality, and has been ranked first regionally and 7th globally in terms of availability and quality of infrastructure. road and transport infrastructures.

“The new complete resource management system would reduce maintenance costs by 20%,” announced Al Mazrouei.

It also reviewed the strategy and initiatives for future electricity and energy for the next 50 years.

In a related context, the minister spoke about the objectives of the Federal Center for the Management of Road Network Operations, which the ministry is about to complete.

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