Uae in $4billion bonanza

International investors should be excited about the latest developments in the UAE…

United Arab Emirates president and Abu Dhabi ruler President Sheikh Khalifa bin Zayed al-Nahayan has announced that he is to spend $4.4 billion on the infrastructure system across the Emirates.

Projects funded by this sum will include new intercity highways built making travel easier, as well as stormwater and sewerage systems in the more northern Emirates. The move highlights the importance of growth to the UAE, as the property market continues its fast upward spiral in many of the Emirates and the realisation occurs that the country’s support systems must also grow alongside in the same manner in order to sustain this move.

Huge infrastructure growth

A large amount of funding has already gone into improving the infrastructure of the capital Abu Dhabi and the fast-expanding Dubai, and therefore it is hoped that the new investment will go some way to bringing the other more northern Emirates, such as Ajman, Fujairah and Ras Al Khaimah, up to the same standard.

This growth in infrastructure and support systems will only encourage continued property growth and should allow more foreign investors to see the benefits of investing in the United Arab Emirates. Through making travel easier, the Emirates will be seen as more easily accessible and in turn make investors feel that their investment is more secure.