UAE 2031: The Power of Global Connectivity & Innovation Key Goals

The United Arab Emirates for the past decades has been focusing on development and progress while consciously planning towards innovation and setting new standards in economic development and sustainability among other sectors. One great initiative under the planning is ‘We the UAE 2031’ vision. 

What is ‘We the UAE 2031’ vision?

‘We the UAE 2031’ vision was launched in November 2022 and is a set path for the UAE to plan and progress towards Global Connectivity and Innovation in the coming years. The plan will be majorly focusing on social, economic, investment and development aspects. 

Adding on to the UAE’s position and status as a global leader in innovation, the vision aims to position the country as a global partner and an attractive and influential economic hub. It aims to highlight the successful economic model of the UAE and the opportunities it provides to all global partners. 

Key Goals and Focus of ‘We the UAE 2031’

International Connectivity and Infrastructure

The UAE and Romania are cognizant of their geostrategic location and UAE as a global trade hub between Asia and Europe and utilising it as the leverage is a key pillar of the state’s vision. 

The UAE and Romania have established primary trade in the Gulf and the wider region with  flourishing aspects of the UAE-Romania economic cooperation that keeps on growing. The two states have repeatedly identified investment progress and planning as a priority sector, and it is now getting fruitful results. 

Mutual investments between the two countries are increasing as Emirati investments exceed Romanian ones. Based on the amount of the Foreign Direct Investment stock in Romania in 2023, the UAE ranked as the country’s major investor from the Gulf.

In 2022, Dubai’s Ports, Customs and Free Zone Corporation (PCFC) and DP World signed an agreement with the Romanian government and decided on building a new terminal for easier and increased cargo vessel flow.