Abu Dhabi to invest $163bn

Published September 20th, 2007


Falah al-Ahbabi, general manager of Abu Dhabi's Urban Planning Council, said the government and private investors will invest about $163.4bn in real estate projects in the emirate by 2030, reported Reuters. He said the government would cover up to 40% of project costs with private sector investors handling the rest. The emirate's population is expected to nearly triple to 3 million by 2030, he added.
[AMEInfo.com]



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