Abu Dhabi is set to invest Dh240 billion ($65.4 billion) in infrastructure development in the coming years, heavily involving the private sector, as the emirate anticipates its population doubling by 2040, a senior official announced on Monday.
“Infrastructure isn’t just about construction; it spans many economic sectors like hospitality, healthcare, education, and transportation. When the government invests significantly in infrastructure, it creates a multiplier effect that boosts economic activity across these sectors,” stated Mohamed Al Shorafa, chairman of the Abu Dhabi Department of Municipalities & Transport.
“We plan to invest over Dh240 billion in infrastructure projects over the next 7 to 10 years. This cannot be done solely by the government, which is why we’re engaging the private sector,” he noted.
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“More infrastructure leads to economic growth and broadens residents’ access to Abu Dhabi’s amenities. While expanding infrastructure, we’ve also maintained Abu Dhabi’s high quality of life, which attracts newcomers. It’s a strategic approach,” he remarked during Abu Dhabi Finance Week.
‘Livable and lovable city’
In the interview, he discussed Abu Dhabi’s new strategy, ‘livable and lovable.’ It’s not just about building assets; it includes non-physical aspects that enhance the well-being of citizens, residents, and tourists. The strategy considers the entire journey of all segments of the population, including blue-collar workers.
He mentioned the Livability 2.0 programme launching in early 2026, featuring 120 quality service components related to infrastructure, such as education, healthcare, and social services.
“Developing this infrastructure with private sector help is crucial. Abu Dhabi is financially strong, but private investment is key to our infrastructure plans,” he said, highlighting the introduction of autonomous vehicles by private firms in the capital.
By late 2024 to mid-2025, Abu Dhabi will see the development of numerous new green parks, according to the chairman.
