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UAE moving to a Knowledge Economy

US Secretary of Commerce Penny Pritzker – excerpt from remarks in Abu Dahbi

Let me be clear: This trade mission is not a one-time push. Instead, this is the continuation of a long and fruitful partnership that began decades ago, and will extend for decades to come as the businesses on our trade mission become part of the fabric of the UAE economy. And I am pleased to know that the UAE leadership also takes a long-term view. For example, transformative infrastructure and economic development plans are part of Abu Dhabi Vision 2030 – which is investing $90 billion dollars through 2017 in key projects. With Abu Dhabi’s population set to more than double in just 15 years, businesses from both our countries can help this emirate fulfill its potential as it moves toward a diversified, knowledge-based economy.

Complete remarks here

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