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Dubai 2040 Urban Master Plan: Mattar Al Tayer thanks Sheikh Mohammed
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Dubai - The plan was formulated in 2018 with the participaion of 65 government and private entities.
Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), has expressed his gratitude to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, for launching the Dubai 2040 Urban Master Plan.
Al Tayer, who is the Chairman of the Dubai 2040 Urban Master Plan Higher Committee, thanked the Dubai Ruler for his "guidance and unlimited support" during the preparatory phase of the plan.
The plan was formulated in 2018 with the participaion of 65 government and private entities.
“The implementation of the Dubai 2040 Urban Master Plan, which once again demonstrates the emirate’s pioneering nature, will strengthen Dubai’s resilience to global challenges. Focused on five urban centres, the plan will reduce the cost of infrastructure, stimulate new property development, and raise Dubai’s reputation as a business and financial hub,” Al Tayer said.
“The people-centric plan aims to address the growing needs of citizens, residents and visitors over the next 20 years. It will also enhance the emirate’s investment appeal and attract fresh FDI inflows into all its sectors.
"Under the plan, the area devoted to economic activities will increase to 168 square km, with a major focus on hi-tech industries,” he added.
reporters@khaleejtimes.com
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