Umm Al Quwain Launches Sustainable Blue Economy Strategy

  • Date: 30-Mar-2022
  • Source: Asharq AL-awsat
  • Sector:Economy
  • Country:UAE
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Umm Al Quwain Launches Sustainable Blue Economy Strategy

Umm Al Quwain, one of the seven emirates of the UAE, launched its “Sustainable Blue Economy Strategy 2031” in a move seeking to increase the emirate’s investment attractiveness while developing its natural, cultural, and human wealth.

The Sustainable Blue Economy Strategy initiative was launched at the World Government Summit 2022 and in the presence of Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, and Ruler of Dubai, and under the directives of Sheikh Saud bin Rashid Al Mualla, Ruler of Umm Al Quwain and Member of the Supreme Council.

Sheikh Saud said that the strategy is aligned with the UAE’s efforts to enhance sustainable development and ensure optimal use of resources.

“The UAE places the highest priority on the wellbeing of its citizens by launching development plans, policies and strategies aimed at achieving a decent life for them and enabling them to actively participate in all development paths,” he said.

The UAQ Ruler affirmed that Sustainable Blue Economy Strategy 2031, provides opportunities for youth, entrepreneurs, and investors in vital and promising sectors.

He expressed the emirates' keenness to provide all the support necessary for promoting the growth and sustainability of investments and achieving the goals of all partners in the