Construction

Abu Dhabi to spend $18 million per job over next five years

Abu Dhabi’s $90 billion budget will create 5,000 jobs for UAE nationals

The Abu Dhabi government will invest $90 billion to help fund capital projects which will create 5,000 new job opportunities for Emiratis in various sectors over the next five years.

General Sheikh Mohammad Bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi announced the plans, adding they were the vision of President His Highness Shaikh Khalifa Bin Zayed Al Nahyan.

“The noblest objective we work towards have is to ensure every citizen’s welfare and stability. As such, most of our efforts are geared to allow our sons to enjoy the benefits of development and help them contribute, through their creative potentials, to the overall development of the country.”

During a Council meeting, members discussed the performance of government sectors during the past year. The extent to which the stated objectives in the 2012 general budget have been realised were checked, as well as how much progress was made in major projects within the set time frame.

The council discussed progress in the Al Mafraq New Hospital Project, The Cleveland Clinic,  government schools planned to be opened in the 2013/2014 school year. and the New York University, which will be inaugurated in 2014. They also discussed the  Strategic Tunnel project in Abu Dhabi.

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