Abu Dhabi to invest Dh240 billion in infrastructure over the next 7 to 10 years

Abu Dhabi will invest Dh240 billion ($65.4 billion) over the coming years in infrastructure development, with a strong role for private-sector entities, as the emirate sees its population doubling by 2040, a senior official said on Monday.

“A lot of people think infrastructure is construction, but it touches a lot of different economic sectors — hospitality, healthcare, education, construction and transportation, etc. When the government actually pumps a lot of investment into infrastructure and developing these assets, there's a strong multiplier effect that generates economic activity across many sectors.

"We are now planning to invest over Dh240 billion in infrastructure projects over the next 7 to 10 years. This cannot be done only by the government, and that's why we are involving the private sector,” said Mohamed Al Shorafa, chairman of the Abu Dhabi Department of Municipalities & Transport.

Stay up to date with the latest news. Follow KT on WhatsApp Channels.

“We believe the more infrastructure there is, the more we can actually generate economic growth and increase our residents' exposure to Abu Dhabi's infrastructure. In addition to expanding infrastructure, we have also maintained the quality of life in Abu Dhabi, as it has been attracting people to come here. It is part of your strategy as well,” he said during a fireside chat at Abu Dhabi Finance Week.

‘Livable and lovable city’

During the interview, he said Abu Dhabi has “developed a new strategy called livable and lovable. It's not only the assets we try to build; there are many non-physical aspects, the quality of those assets, and how they can contribute to the well-being of nationals, residents, and tourists coming to Abu Dhabi. We have to look at the complete journey of all the components of our population, even blue-collar,” he said during the interview.

He added that the Livability 2.0 programme will be introduced in early 2026 and will include 120 components of quality of service related to infrastructure, ranging from education to accessibility to healthcare, social services, and others.

“It is very important that we try to develop all this infrastructure with the assistance of the private sector. The government of Abu Dhabi is wealthy. It's not a matter of that we are looking for financing, but it's important to introduce private investment into our infrastructure as well,” he said, citing examples of the introduction of autonomous vehicles by the private sector in the UAE capital.

The chairman of the Abu Dhabi Department of Municipalities and Transport revealed that at the end of 2025 and mid-2026, many new green parks will be built in Abu Dhabi.

logo Trending News
Le Mans Legends: Where History, Speed and Investment Collide
Le Mans Legends: Where History, Speed and Investment Collide
For racing enthusiasts, few names carry the weight of Le Mans. This hallowed French circuit represents to motorsport what Wimbledon does to tennis or Augusta National to golf - a sacred proving ground where legends are made. The storied Sarthe River circuit has witnessed automotive history since hosting France's inaugural Grand Prix in 1906, though its roots stretch back further than the Roman conquest of 47 BC.
Sharjah Islamic Bank Boosts Nasdaq Dubai's Sukuk Market with $500 Million AT1 Listing
Sharjah Islamic Bank Boosts Nasdaq Dubai's Sukuk Market with $500 Million AT1 Listing
In a landmark move for Islamic finance, Sharjah Islamic Bank (SIB) has successfully listed a $500 million Additional Tier 1 (AT1) sukuk on Nasdaq Dubai, further cementing the exchange's position as a global hub for Sharia-compliant securities.
Carrefour Bids Farewell to Oman Market After Decades of Service
Carrefour Bids Farewell to Oman Market After Decades of Service
In a significant retail development, Carrefour has officially announced the end of its operations in Oman effective January 7, 2026. The supermarket chain, operated under exclusive rights by Majid Al Futtaim in the Sultanate, shared this emotional farewell through its official social media channels.
Judge Reaffirms Block on Elon Musk's $55.8 Billion Tesla Pay Package Despite Shareholder Vote
Judge Reaffirms Block on Elon Musk's $55.8 Billion Tesla Pay Package Despite Shareholder Vote
A Delaware judge has doubled down on her rejection of Elon Musk's record-breaking $55.8 billion compensation package from Tesla, dismissing the company's attempt to revive the deal through a shareholder vote.
Oil Prices Could Skyrocket Past $100 Amid Middle East Tensions, Analysts Warn
Oil Prices Could Skyrocket Past $100 Amid Middle East Tensions, Analysts Warn
The global oil market is bracing for potential turbulence as escalating tensions between Israel and Iran threaten to push crude prices beyond the $100 per barrel mark, energy experts cautioned this week.
UAE Drivers Alert: Major Road Closures This Sunday - Plan Your Route Now!
UAE Drivers Alert: Major Road Closures This Sunday - Plan Your Route Now!
Attention all UAE motorists! The Roads and Transport Authority (RTA) has issued an important travel advisory for this Sunday, June 15, as essential maintenance works will temporarily disrupt traffic flow on two key highways. Commuters heading towards Sharjah and using Sheikh Mohammed bin Zayed Road should prepare for possible delays.
Dh332 Million Umm Suqeim Street Upgrade Nears Completion, Set to Slash Travel Time by 61%
Dh332 Million Umm Suqeim Street Upgrade Nears Completion, Set to Slash Travel Time by 61%
Dubai's ambitious Umm Suqeim Street Improvement Project, a Dh332 million initiative designed to revolutionize connectivity between Al Khail Road and Sheikh Mohammed Bin Zayed Road, is now over 70% complete. The transformative infrastructure development features an impressive 800-meter tunnel with four lanes in each direction, promising to dramatically enhance traffic flow across the city.
Dubai Unveils Dh1.4 Billion Stormwater Drainage Upgrade to Future-Proof City Infrastructure
Dubai Unveils Dh1.4 Billion Stormwater Drainage Upgrade to Future-Proof City Infrastructure
In a landmark move to safeguard against climate challenges, Dubai Municipality has launched four ambitious infrastructure projects worth Dh1.439 billion as part of its revolutionary 'Tasreef' stormwater drainage initiative. This strategic investment will transform the emirate's water management systems to meet future demands while setting new benchmarks for urban resilience.