Sheikh Hamdan approves new Dh80 billion Swerage system for Dubai

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, today chaired a meeting of the Council, during which he approved several major projects to support the Dubai Economic Agenda D33. The meeting was attended by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, and Deputy Prime Minister and Minister of Finance of the UAE.

Sheikh Hamdan emphasised the significance of forward planning and preparation, which are key elements of the sustainable development strategy adopted by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

This approach has been a key driver of Dubai’s rise as a leading global city as well as its ability to set new standards in future readiness and create an integrated infrastructure that rivals the world’s best. Dubai has emerged as one of the world’s best destinations to live and work and a place that offers a stable and dynamic environment for people to achieve their highest potential, Sheikh Hamdan added.

Private Sector Partnerships

The Executive Council further approved the centennial Sewerage System, a major new municipal project for Dubai. The system, which will create one of the world’s most advanced and sustainable infrastructure, will be constructed in partnership with the private sector. The project has been designed to serve the needs of the population for the next 100 years in alignment with the Dubai Economic Agenda D33 and the Dubai Urban Plan 2040.

With an investment of Dh80 billion, the Sewerage System will reduce carbon emissions in the sector by 25 per cent, promote circular economy principles, and contribute to Dubai’s global development and competitiveness indicators related to quality of life. The private sector will help realise these goals by working hand in hand with the government to enhance future readiness.

Sheikh Hamdan has directed the Dubai Municipality to open the way for private sector companies to partner with it to implement the sewage system, reflecting their vital contribution to the development of Dubai’s integrated and advanced infrastructure. Private sector investment in projects geared towards achieving the goals of the Dubai Economic Agenda D33 is set to exceed Dh1 trillion by 2033.

Fostering Ventures

Sheikh Hamdan bin Mohammed emphasised the importance of supporting entrepreneurship and empowering emerging projects. He said: “Small and medium enterprises continue to receive the unwavering support of His Highness Sheikh Mohammed bin Rashid Al Maktoum. Over the past two decades, the development of an entrepreneurial ecosystem has provided Dubai’s economy with dynamic growth based on knowledge and innovation. Today, SMEs play a pivotal role, accounting for the largest share of businesses in Dubai.”

To further empower the role of the SME sector, Sheikh Hamdan approved the adoption of the future model of the Mohammed Bin Rashid Establishment for SME Development (Dubai SME). Through this strategy, Dubai aims to support innovative ideas and projects, create 86,000 new job opportunities, enable 8,000 Emirati entrepreneurs, establish 27,000 projects, and contribute approximately AED9 billion to the emirate’s GDP, aligned with the Dubai Economic Agenda D33.

Source:- Gulf News