TDIC is a master developer of major tourism destinations and a key contributor to Abu Dhabi’s economic and cultural progress. By creating investment partnerships and joint ventures, TDIC is supporting Abu Dhabi’s evolution into a world-class destination for tourists, businesses and residents, and helping to realise the emirate’s considerable tourism potential and strategic goal of delivering 2.3 million hotel guests a year by 2012.
Abu Dhabi Economic Vision 2030
In 2006, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Executive Council, mandated the General Secretariat of the Executive Council, the Abu Dhabi Council for Economic Development and the Department of Planning and Economy, to develop a long-term economic vision for the emirate. This mandate was given in order to deliver upon the vision of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, Ruler of Abu Dhabi, for the ongoing economic success of Abu Dhabi.
The aim was to develop a long-term roadmap for economic progress of the emirate, through the establishment of a common framework aligning all policies and plans, and fully engaging the private sector in their implementation. The initiative builds upon the foundations set by the Abu Dhabi Policy Agenda 2007/2008 and was produced by a taskforce, joining stakeholders from the public sector and private sector. The taskforce received extensive expert support from internationally renowned institutions. This taskforce was mandated with two key tasks:
1. To conduct an exhaustive assessment of the key enablers for economic growth.
2. To create a comprehensive long-term economic vision, with explicit targets, to guide the evolution of the Abu Dhabi economy through to the year 2030.
The year 2030 represents an important milestone for the emirate of Abu Dhabi. Baseline growth assumptions reveal that Abu Dhabi could achieve tangible levels of economic diversification by that time.
This document therefore contains the “Abu Dhabi Economic Vision 2030” and associated targets, prepared by the Economic Vision Taskforce and approved by the Abu Dhabi Executive Council.
By 2030 Abu Dhabi intends to build a sustainable and diversified, high value-added economy that is well integrated into the global economy, and that provides more accessible and higher-value opportunities for all its citizens and residents.