FINANCIAL NEWS

USD80.29b investments in Abu Dhabi’s Western Region

29 May 2013

(MENAFN) Abu Dhabi’s Western Region will witness projects worth USD80.29 billion as announced by the emirate’s government, reported Gulf News.

The announced projects include oil and gas, petrochemicals, railway, highway, nuclear plants and desalination plants, according to Mohammad Ebrahim Al Hosani, Director – Regional Development Division, Western Region Development Council.

It’s worth noting that Abu Dhabi’s Executive Council recently approved USD89.82 billion worth of projects in order to execute major developments over the next 5 years.

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