UAE giving priority to investment in tourism
10:07, 8 June 2009
JEDDAH. June 8. KAZINFORM The UAE, specifically Abu Dhabi, has prioritized tourism for its investment as part of the diversification process. ?We are a rich oil country and have depended on it for our revenue, but now we are giving a tremendous boost to the potentially rich tourism sector, Faisal Abdullah Al-Sheikh, a senior executive of Abu Dhabi Tourism Authority, told a press conference at the Jeddah Marriott yesterday. Dubai launched its own tourism promotion at Laylaty Hall on Saturday night; Kazinform refers to the Arab News.
Abu Dhabi is investing in tourist infrastructure based on public private partnership (PPP). ?Over the last five years, tourism has become one of the main sectors for Abu Dhabi to invest due to the continued policy of diversification,? Al-Sheikh said.
Abu Dhabi has 12,000 rooms available for tourists now, which will increase to 25,000 by 2012. A number of new hotels of all types are under construction, he said; Kazinform cites the Arab News.
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