With an annual GDP of approximately $108 billion, Abu Dhabi aims to turn a grand ambition into undeterred reality. How will the “Next Generation Planning” ride the risks? The answer lies in Abu Dhabi’s innovating companies in key fields such as new energy, progressive industries, technology, tourism and real estate. Estimated at having one-tenth of the world’s oil reserves, Abu Dhabi’s disposable funds for the 2030 Economic Vision & Plan are considerable—an estimated $65 billion. Should all projects combined generate the desired economic momentum, the emirate’s GDP could even surpass $300 billion by 2030.
Published in THE ECONOMIST, March 2009.
Distributed also on-site at the 2009 The Economist Roundtable in ABU DHABI, United Arab Emirates.