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Abu Dhabi Crown Prince approves AED 85 billion budget for housing projects

Tuesday, May 9th, 2023 7:37pm

By ARN News Staff

WAM

Abu Dhabi has set aside a five-year budget of AED 85.4 billion to develop integrated, residential neighbourhoods for Emiratis.

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council approved the budget under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan.

The housing projects will provide around 76,000 homes and plots of land over the next five years, as well as high-quality infrastructure, services and facilities, including mosques, schools, public parks and green spaces.

The initiative is part of efforts to ensure the highest living standards for UAE citizens and to enhance their wellbeing.

Under the directives of Mohamed bin Zayed, Khaled bin Mohamed bin Zayed has approved a budget of AED85.4bn to develop integrated, residential neighbourhoods that further enhance quality of life for citizens across Abu Dhabi emirate. pic.twitter.com/9NdeBSuYKl
— مكتب أبوظبي الإعلامي (@ADMediaOffice) May 9, 2023

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