Sheikh Mohammed bin Rashid, UAE Vice President and Ruler of Dubai, has revealed that 50 new projects for the UAE will be announced this month.
“After consulting with my brother Mohamed bin Zayed, we will announce 50 national projects with economic dimensions during the month of September,” he wrote online.
The projects are described as laying the foundations for a new era of growth for the UAE – both domestically and internationally, as well as "ensuring a decent life" for all citizens and residents.
“The UAE does not have the luxury of time and will not wait for global conditions to make its future,” Sheikh Mohammed said.
The UAE makes its own future, he said.
Sheikh Mohamed, the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, also shared the news about the imminent projects, describing them as furthering the UAE's developmental journey as a nation.
Announcements about the 50 new national projects will begin on September 5, three months ahead of the UAE celebrating its 50th national day on December 2.
They will be made at five separate events throughout the month in the presence of ministers and senior officials.
Details about the projects have not been revealed, but the government described them as creating a "competitive business environment that will attract investors, innovators, entrepreneurs and talents from across the world".
As the UAE celebrates its Year of the 50th, the next 50 years are already being charted out.
"Bringing together all sectors of the society to lead the next era of growth, the projects will cover economic and social development, focusing on entrepreneurship, the digital and circular economies, and applications of the Fourth Industrial Revolution," the government said.
"The new projects aim to advance the UAE’s economy, a top national priority, to ensure a decent life for citizens and residents, double the Foreign Direct Investment and boost the UAE’s status as an incubator for talents and investors from all over the world.
"They aim to transform the UAE into a comprehensive hub in all sectors and areas of creativity and innovation, positioning the UAE as a land of opportunities and a destination for those seeking a global test bed of bold and successful ideas."
Sheikh Mohamed encouraged UAE citizens and residents to get involved, using their skills and knowledge so that each project can be benefit future generations.
The Year of the 50th officially started on April 6 and will last until March 31 next year.
Year-long initiatives, activities and grand celebrations have been governed by the UAE Golden Jubilee Committee under the chairmanship of Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Co-operation, with Sheikha Mariam bint Mohamed as deputy chairwoman.
The programme includes initiatives to celebrate the UAE's history, values and achievements as the nation moves towards its centennial in 2071.
The Golden Jubilee Committee was formed in December 2019 by Sheikh Mohammed.
In addition to governing the UAE's Golden Jubilee celebrations, developing a comprehensive preparation plan and forming teams to execute plans to mark the nation's 50th anniversary, the committee is working on a diverse agenda.
This is built on four pillars that cover several development initiatives aimed at driving change through socio-economic and developmental policies for generations to come.