Abu Dhabi economy challenges global market with exceptional growth says Burooj Properties

Al Zarouni of Burooj Properties, the gold sponsor of the Abu Dhabi Conference 2007 that will be held at Emirates Palace on the 18th and 19th of November 2007 added:

'Innovation and creativity are becoming an integral part of the national policy in Abu Dhabi which has succeeded in implementing the right formula to emerge as a global leader. The city's growing reputation as an international tourism and business hub reflects its steady current economic boom. The most crucial factor that will drive economic prosperity in the capital of UAE is the forceful partnership between the public and private sectors.'

The economic success of the UAE owed much to the government support to the private initiatives. The growth of the city into a strategic destination for business is seen internationally as a pioneering effort where public-private partnerships are now a standard concept in the economic development realm of the city.

Al Zarouni added: 'By combining the best talents and resources of the UAE public and private sectors, we can deliver value for money, greater efficiency and accelerated delivery of planned projects. Abu Dhabi is laying the ground for future development through enabling the implementation of public-private partnerships under principles of transparency, flexibility and fidelity.'

Abu Dhabi public private partnerships define partners' roles and responsibilities by high level of transparency and precision through looking into partner selection, deal structuring and negotiations.

Al Zarouni added: 'We are pleased to be a gold sponsor of the Abu Dhabi Conference 2007 which brings together key government officials and influential industry leaders to discuss and debate issues that shape the future of Abu Dhabi.'

Abu Dhabi Conference 2007 follows the Government's recent comprehensive plan for the development of the city that will guide planning decisions for the next quarter of a century.
Al Zarouni concluded: 'Innovation is the most critical element in sustaining competitiveness. Abu Dhabi's construction boom goes in hand with further industry development in areas such as education, healthcare and government services which remain at top of the government's agenda.'