Dh300b projects in UAE to spur knowledge economy

In a major step towards turning the UAE into a knowledge-based economy, President His Highness Shaikh Khalifa Bin Zayed Al Nahyan has announced the adoption of the Science, Technology and Innovation’s Higher Policy, which includes 100 national initiatives in the educational sector, health, energy, transportation, space and water.

The plan foresees an investment of over Dh300 billion and includes new national policies in legislation, investment, technology, education and finance. Its goal is to build a vibrant knowledge-based economy in the UAE.

“The UAE is working towards establishing a solid future for the coming generations, away from the fluctuation of energy prices and markets,” commented Shaikh Khalifa.

“The UAE has set its course for a post-oil world through investing in the development of our people in the fields of science and advanced technology.”

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Dh300b projects in UAE to spur knowledge economy