We the UAE 2031′ vision

UAEpedia
Published 2 months ago on 1 December, 2024-16 views
UAE 2031 vision

What makes a nation dream big about its future? The United Arab Emirates has a plan called ‘We the UAE 2031’. It’s a big plan to change the country’s path.

This plan wants to make the UAE’s economy twice as big. It aims to grow the GDP from AED 1.49 trillion to AED 3 trillion in 10 years. It shows the UAE’s strong will to grow its economy and lead in new ideas and caring for the planet.

Understanding the UAE 2031 vision: A National Development Framework

UAE 2031 vision economic diversification objectives

The UAE 2031 vision is a plan for the nation’s growth. It aims to make the country better in many ways.

Vision Overview and Core Objectives

The UAE 2031 vision wants to grow the economy and make society better. It also wants to make the UAE more influential worldwide. The plan is to double the GDP and increase non-oil exports and tourism.

Four Strategic Pillars of Development

The vision has four main parts:

  • Forward Society: Works on social plans and education
  • Forward Economy: Focuses on economic growth
  • Forward Diplomacy: Seeks to increase global influence
  • Forward Ecosystem: Works on sustainability and technology

These parts help improve healthcare, infrastructure, and government services.

Alignment with UAE Centennial 2071

The UAE 2031 vision matches the UAE Centennial 2071 plan. It focuses on education, economic growth, and government improvement. The vision also aims to make Emirati cities among the best places to live.

Pillar Focus Areas Key Initiatives
Forward Society Education, Healthcare ETHRAA program, Educational awareness campaigns
Forward Economy Economic Diversification, Tourism Non-oil export growth, Tourism sector development
Forward Diplomacy Global Influence International partnerships, Diplomatic initiatives
Forward Ecosystem Sustainability, Technology Environmental projects, Tech innovation hubs

Economic Transformation and Global Position Goals

The UAE has big plans for its economy and global standing. It wants to grow its economy a lot and become more diverse and sustainable.

GDP Growth Targets and Economic Diversification

The UAE wants to double its GDP to AED 3 trillion by 2031. It aims to make more money from things other than oil. Tourism is also key, aiming to add AED 450 billion to the GDP.

Foreign Trade and Investment Objectives

The UAE hopes to reach AED 4 trillion in foreign trade. It’s working hard to attract investors:

  • Foreign direct investment (FDI) surged to Dhs112.6bn in 2023, a 35% increase
  • UAE ranked second globally for new FDI projects with 1,323 initiatives
  • The nation’s share of global FDI flows increased 5.5 times since 2015

Tourism Sector Development Plans

The UAE’s tourism is set to grow a lot. It will focus on culture and heritage to attract visitors. It wants to offer unique experiences for tourists.

Global Economic Rankings and Aspirations

The UAE wants to be a top player in the world economy. It has big goals:

Ranking Objective Target Position
Developing proactive legislations for new economic sectors 1st globally
Attracting global talent Top 10 countries
Global Cybersecurity Index Top 3 countries
Global Food Security Index Top 10 countries

To reach these goals, the UAE has set up plans and ways to check progress. It has a Strategic Intelligence Hub with the World Economic Forum. This hub helps make smart decisions for the future.

Social Development and Quality of Life Initiatives

The ‘We the UAE 2031’ vision has big plans for the Arabian Peninsula. It wants the UAE to be in the top 10 in the Human Development Index. The goal is to improve education, sustainability, and skills in Abu Dhabi, Dubai, and other places.

The Ministry of Education is leading efforts in schools. They work with students, teachers, and the community to reach the vision’s goals. The UAE is focusing on young talent, with 38% of young Emiratis in space projects. They aim to have over 100 young Emiratis in global organizations.

The vision looks beyond the Persian Gulf. It wants the UAE to lead in West Asia and the Middle East. It focuses on sustainability, innovation, and technology for a better life. The National Strategy for Wellbeing 2031 uses data to make policies. It aims for a society that balances growth with well-being.

The UAE is spending more on space research, up by 14%. They promise 100% suitable jobs for youth. These efforts show the UAE’s dedication to a vibrant, innovative society. It aims to be a global player while keeping its cultural identity.

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