Dubai: Sheikh Hamdan, Sheikh Maktoum review roadmap for D33, first 10 projects

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, and Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Prime Minister and Minister of Finance of UAE, and Deputy Ruler of Dubai, have reviewed the roadmap for implementing ‘D33’ and its first ten transformational projects.

The plan was reviewed during a meeting of senior Dubai government officials at The Museum of the Future, the Dubai Media Office said on Saturday.

The Dubai Economic Agenda ‘D33’, was launched by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on January 4.

Read: Sheikh Mohammed launches Dubai Economic Agenda, ‘D33’ aims to double size of economy in 10 years

The leaders highlighted the importance of achieving the ambitious Dh32tn target of ‘D33’ over the next ten years.

Sheikh Hamdan said the announcement of the agenda by Sheikh Mohammed further consolidated Dubai’s development journey. “We are ready to start implementing HH’s vision immediately. 2033 will mark 200 years since the foundation of Dubai. We aim to make Dubai a global role model that can help realise people’s dreams and offer them the world’s best standard of living.”

Today, I chaired a meeting of senior Dubai Government officials to review the roadmap for implementing the Dubai Economic Agenda ‘D33’ and its first 10 transformational projects. We are ready to realise @HHShkMohd’s vision to establish the world’s most successful economic model. pic.twitter.com/nqXLMGwRrM

— Hamdan bin Mohammed (@HamdanMohammed) January 8, 2023

Key priorities
According to the Dubai Media Office, Sheikh Maktoum said that growing foreign trade and attracting more foreign direct investment (FDI), enhancing Dubai’s financial status, and encouraging youth to participate in new economic sectors are key priorities of the D33 agenda. “All sectors, including logistics, digital, legal, financial, and infrastructure, need to think out of the box during the next ten years. Our ambitions today are much higher than before.”

The agenda will drive sustainable economic growth through innovative approaches.

Read: Here’s what Dubai’s ambitious D33 agenda aims to achieve

The agenda includes a programme to support the growth of 30 companies in new sectors to become unicorns and integrate 65,000 young Emiratis into the workforce and the private sector.

The first set of projects of D33 includes Sandbox Dubai, which aims to make Dubai a hub for incubating business innovation. It also includes the Dubai Traders Project, which will empower a new generation of Dubai traders in various major growth sectors, driving growth in the city’s vibrant trading hub.

The agenda will include initiatives to empower Emirati youth with future-ready skills. D33 aims to make Dubai a leading global hub for higher education to ensure that young Emiratis receive the highest quality of education without having to leave the country.

The first phase of the D33 projects includes launching the Dubai Green and Sustainable Industry Plan, which includes benchmarking against the latest industry standards, supporting the export of green products, and adopting a framework for trading carbon credits in the Dubai Financial Market.