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Dubai Ruler reviews Masdar investment plans

HH Sheikh Mohammed acknowledged Masdar's role towards "building a robust foundation for sustainable development" in the country

Dubai's Ruler visited Masdar's headquarters and reviewed its project and investment plans. [Image: WAM]
Dubai's Ruler visited Masdar's headquarters and reviewed its project and investment plans. [Image: WAM]

Dubai's Ruler visited the headquarters of Abu Dhabi renewable energy company, Masdar, to review its project and investment pipeline. 

Vice President and Prime Minister of the UAE, and Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum, toured Masdar City during his visit. 

The Ruler highlighted the significance of innovation, clean technology, and 'positive' energy during his visit, WAM reported.

"Masdar has played an integral role in building a robust foundation for sustainable development within the UAE and globally, along with other clean energy projects such as Mohammed Bin Rashid Al Maktoum Solar Park in Dubai," Sheikh Mohammed said. 

Local and international projects being implemented by Masdar were reviewed by the Ruler, who also visited the headquarters of International Renewable Energy Agency (IRENA), and reviewed its activities and accomplishments since 2009.

"The UAE’s ongoing efforts in clean technology and renewable energy further reinforce the country’s position on the international stage, alongside the selection of Dubai to stage Expo 2020, the choice of Masdar City to host the headquarters of IRENA, and the successful landing of Solar Impulse 2 in Abu Dhabi, completing its pioneering flight around the world using only the power of the sun," Sheikh Mohammed remarked. 

During the tour, the Ruler was accompanied by HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai; HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority; Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and Chairman of Masdar; Mohammed Ibrahim Al Shaibani, Director-General of the Ruler’s Court of Dubai; and Khalifa Saeed Suleiman, Director-General of Dubai's Department of Protocol and Hospitality.  

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Construction Week - Issue 747
Aug 03, 2019