His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, asserted that the UAE has early realised the importance of investing in consolidated infrastructure with the highest degree of reliability and keeping pace with the world in various fields, according to a report on www.sheikhmohammed.ae.
Shaikh Mohammed’s words came in an introduction he gave to the annual report issued by the Department of Economic Development (DED) in Dubai. He added: “Since the establishment of our beloved country we have put before our eyes the development of man and opened all doors of science and education, production and creativity before him; we have also provided man with free and dignified livelihood in terms of health and sports services, cultural and housing services, as well as boundless material and moral support.”
The DED’s report has stated that 2011 saw the establishment of Foreign Investment Office financed by 12 foreign investors. It also pointed out the department’s volume of diverse accomplishments last year. During 2011, the DED also saw the launch of 65 projects 80 per cent of which have been completed.
From : Khalij