Dubai has revealed its 10-year economic plan, which aims to make the
destination one of the world’s top three international places for
tourism and business.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, vice president
and Prime Minister of the UAE and ruler of Dubai, launched the Dubai
Economic Agenda ‘D33’ earlier this month, which focuses on a number of
key priorities for the next decade.
The Agenda aims to boost Dubai’s appeal as a tourism and business
destination by providing a globally competitive environment for business
sustainability and by driving down the cost of doing business across a
number of sectors.
The ‘D33’ agenda aims to enhance the city’s position as a fast
growing and attractive business hub with world-class quality of life,
ensuring the highest levels of security and safety for Dubai’s citizens
‘D33’ also includes adding 400 cities as key trade partners and
launching the Dubai Economic Corridors 2033 initiative, which Dubai says
will enhance existing foreign trade relations with Africa, Latin
America and Southeast Asia.
Further priorities include making Dubai one of the five leading
logistic hubs in the world, and one of the top four global financial
centres. The Agenda also seeks to increase the productivity of Dubai’s
economy by 50% through innovation and digital solutions.
Dubai’s Department of Economy and Tourism (DET) also announced last
month the launch of the annual Dubai Tourism Summit, a first-of-its-kind
travel forum in the region which will lay the foundation for a
home-grown world-class thought leadership programme to boost the city’s
resurgent tourism industry and support regional and global tourism.