UAE aims to become global model of green growth, circular economy: Minister of Economy

UAE aims to become global model of green growth, circular economy: Minister of Economy

Abdullah bin Touq Al Marri, Minister of Economy, said that the UAE aims to become a global model of green growth and the circular economy, contributing to sustainable economic growth through cooperation with partners, to open new markets for national exports, enhance the competitiveness of the national economy, and improve the business environment.

In his statement to the Emirates News Agency (WAM) during the “Make it in the Emirates Forum,” Al Marri stressed that the industrial and manufacturing sector is a priority and a key pillar for strengthening the soft power of the national economy and enhancing its competitiveness in international markets.

He also noted that the national industry is capable of competing in regional and global markets in various sectors, such as aviation, transportation, logistical services, renewable energy, mining, food, petrochemicals, pharmaceuticals and others.

The UAE aims to attract US$160 billion worth of investments in new economic sectors over the next three decades, he added, affirming that the growth potential of the global economy is linked to creating more investment opportunities in new economic sectors, including the space industry, food, agriculture, healthcare, transportation, renewable energy, circular economy models and advanced technology, as well as investing in digital infrastructure development and employing artificial