STRICTLY CONFIDENTIAL - · Economic diversity is a prominent feature of Dubai's economy over the...

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Agenda

Dubai Plan 2021

Overview of Dubai Plan 2021

Focus on “The Economy” Theme

How can your business benefit from DP2021?

2

Overview of Dubai Plan 2021

Dubai Plan 2021


His Highness Sheikh Mohammed bin Rashid Al Maktoum Vice President and Prime Minister of the UAE and Ruler of Dubai

4 STRICTLY CONFIDENTIAL Dubai Plan 2021

The letter of His Highness Sheikh Mohammed bin Rashid Al Maktoum On the Eve of Dubai Plan 2021 Launch


His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum Dubai Crown Prince and Chairman of the Dubai Executive Council


#1

Best

Practice

Measurement

Engagement Dubai Plan 2021 Development Principles


Leaders of the

Emirate and the

Government

Government

Employees

External

Experts

University

Students

Workshops

60 250

40

70 90


Global Economy Heads East Importance of Connectivity Ability to Capture Global Flows

Livability as a Key Attribute Ability to Regenerate

Effectiveness of Governance

External Factors that Shaped Dubai’s Strategic Framework


Past Activities &

Developments

Mega-trends

& Scenarios

Frameworks of

Benchmark

Cities and

Countries

Future Plans &

Commitments HH Vision

Dubai Plan 2021 Strategic Framework Key Inputs


Dubai Plan 2021 Framework Perspectives


Educated, Cultured

and Healthy Individuals

Productive and Innovative in a Variety of

Fields

Happy Individuals

Proud of Their Culture

Are the Cornerstone for Dubai’s

Development across all

Fields

A Tolerant and Inclusive

Society Embracing the Civic Values of

Dubai

A Vibrant and Sustainable

Multi-Cultural Society

Cohesive Families and Communities Forming the Bedrock of

Society

Vibrant and Active, Providing

a Rich Cultural Experience and

GloballyDistinctive

Entertainment Outlets

The Most Secure Place

A City with the Best Educational,

Healthcare and Housing Services

Catering to Everyone’s

Needs

Sustainable with its

Resources

A Smart, Integrated and

Connected City

Environmental Elements are

Clean, Healthy and

Sustainable

A Safe and Resilient Built Environment

One of the

World’s Leading

Business

Centers

A City

that Enjoys

Sustainable

Economic

Growth

The Most

Business Friendly

City and a Preferred

Investment

Destination

Proactive

and Creative

in Meeting

the Needs of

Individuals and

Society as a

Whole

Sustainable and

Innovative in the

Management of

its Resources

Transparent

and Reliable

The People

The SocietyThe Experience

The Place

The Economy

The Government


y

e

o

Emiratis Comprise a Solid Pillar of

Dubai’s Society and Effectively Develop

it Across all Fields

Educated, Cultured and Healthy Individuals

Productive and Innovative in a Variety of

Fields

Happy Individuals Proud of Their Culture


C

A Vibrant and Sustainable Multi-

Cultural Population

A Tolerant & Inclusive Society Embracing the Civic

Values of Dubai

Cohesive Families and Communities Forming the Bedrock of Society


The Most Secure Place

Vibrant and Active,

Providing a Rich Cultural Experience & Globally Distinctive

Entertainment Outlets

A City with the Best Educational,

Healthcare & Housing Services Catering

to Everyone’s Needs


A Smart, Integrated and Connected

City

Sustainable with its Resources

A Safe and Resilient Built Environment

Environmental Endowments are Clean, Healthy and Sustainable


The Most Business

Friendly City and a Preferred Investment

Destination

A City that Enjoys Sustainable

Economic Growth

One of the World’s Leading Business Centers


Proactive & Creative in Meeting the Needs of Individuals and

Society as a Whole

Transparent and Reliable

Sustainable and Innovative in the Management of its

Resources


Dubai Plan 2021 Key Performance Indicators

65

KPIs

183

KPIs

413

KPIs

Measure performance

at the Theme level

Measure performance

at the Aim level

Provide an a view on

issues and root causes


• Proportion of individuals who are satisfied with the quality of educational services

• Proportion of individuals who are satisfied with the quality of health services

• Proportion of individuals satisfied with the availability of good, af fordable housing

• Proportion of households living comfortably with and getting by on their curr ent income level

• Proportion of individuals who recommend Dubai to a friend or associate as a place to live

• Quality of Living Index (Mercer)

• Sense of security in Dubai

• TIMSS results of international assessments for all students (For Maths & Science for Gr ade 4 & 8)

• PISA results of international assessments for all students (For Maths, Science & Reading)

• Number of violent crimes per 100,000 people

Theme Key Performance Indicators


Dubai Plan 2021 is a plan for everyone

Implementation is underway with government …

… private sector will be engaged on its role

Engagement with society will continue

Key Next Steps

23

Focus on “The Economy” Theme

Dubai Plan 2021


Dubai Plan 2021 Framework

Dubai Plan 2021

The

Government

The

Economy The Space The Place The Society The People


“A Pivotal Hub in the Global Economy” Theme

A City that Enjoys Sustainable Economic Growth

Economic growth that is resilient to disruptive shocks because it is underpinned by a diversified base of economic activity, innovation in business models and increasing productivity of labor and capital.

One of the World’s Leading Business Centers

Consistently ranked as one of the top 5 global centers for trade, logistics, tourism and finance as well as internationally recognized as the leading financial and trading center at the heart of the Islamic economy.

The Most Business Friendly City and a Preferred Investment Destination

Dubai is the preferred investment destination for foreign capital, and takes its position as the most business friendly city in the world.

Dubai Plan 2021


One of the world’s

leading business

centers

A city that enjoys

sustainable

economic growth

The most business

friendly city and a

preferred investment

destination

Tier 1 KPIs Tier 2 KPIs

1. Real GDP growth

1. Real GDP growth for strategic sectors

2. Share of strategic sectors in GDP (tourism, trade, finance,

logistics, light industries)

3. Diversification index

4. Inflation rate

5. Total factor productivity

6. Value added growth of Free Zones

7. Total investment to GDP

8. Value added growth of SMEs

“A Pivotal hub in the Global Economy” detailed KPIs




leading business

centers

A city that enjoys

sustainable

economic growth

The most business

friendly city and a


destination


2. Trade openness (trade sector)

1. Trade balance to GDP

2. Growth in exports & re-exports

3. Exports to GDP

4. Trade openness (revised equation)

3. Jabal Ali ports throughput – Ports

1. Maritime sector competitiveness index

4. Dubai International Airport passengers – Airports

1. Aviation sector competitiveness index

5. International financial centers index (financial sector)

1. Sub-indices (total 14)

6. Total tourists (tourism sector)

1. Growth in number of tourists

7. Islamic economy composite index (Islamic economy)

1. Sub-indices (total 6)

Logistics

sector




leading business

centers

A city that enjoys

sustainable

economic growth

The most business

friendly city and a


destination


8. Ease of doing business ranking

1. Ease of doing business sub-ranking (total 10)

2. Real estate transparency index

3. Business confidence index

9. FDI to GDP

1. FDI growth – Total

2. FDI growth – Targeted sectors

(trade, logistics, professional services, Islamic economy,

tourism, finance, green economy, health, education, light

industries)


Real GDP Growth Rate

Economic growth in Dubai has improved in recent years after the global financial crisis

Real GDP (2014, %)

3.83.6

2.6

4.6

1.8

3.4

0

1

2

3

4

5

Dubai UAE Middle East Developing

countries

World Developed

countries


The Strategic Sectors maintained its 75% share from the GDP

Dubai’s main strategic sectors are: tourism, financial services, logistics, trade and light industry.

Contributions of the Strategic sectors in the GDP

67% 67% 67% 71% 72% 74% 73% 75%

33% 33% 33% 29% 28% 26% 27% 25%

100%

2006 2007 2008

2009 2010 2011 2012 2013

Strategic Sectors Other Sectors


Economic diversity is a prominent feature of Dubai's economy over the past years

Dubai currently stands as one of the most diversified economies. Dubai's economy has achieved a similar level of

diversity achieved by both Singapore and Shanghai. It is now more diverse than other economies such as London

and New York.

13% 11% 7% 7% 14%

20%

12%

20%

11% 12%

32%

12%

37% 14%

11% 15%

9%

24% 21%

32%

12%

26% 40%

25%

14% 48%

23% 7%

5% 7% 2%

16%

7% 2%

London Dubai

2013

Shanghai

2011 kuala lumpur Singapore New York

Share of the Economic Strategic Sectors


Many of the sectors are sensitive and vulnerable to fluctuations

Note: (GDP of Economic Strategic Sectors / GDP) * 100

Source: Dubai Statistics Centre

Dubai depends on sectors such as tourism, and the Trade, financial sectors which are more vulnerable to

fluctuations in external demand and the global economy. The industry sector in particular is important for

Dubai to promote the sustainable growth of the local economy.

5.0%

15.5%

41.7%

2009

100.0%

17.3%

18.7%

4.9%

17.0%

42.1%

2008

100.0%

16.9%

18.1%

4.9%

16.4%

43.7%

2007

100.0%

15.8%

18.8%

5.1%

15.8%

44.6%

2006

100.0%

17.6%

16.5%

5.7%

14.5%

45.8%

Industry +2.3%

Logistics +4.3%

Tourism +4.0%

Finance +2.2%

Trade -0.7%

2012

100.0%

20.3%

19.0%

5.9%

14.7%

100.0%

2011

19.1%

18.8%

5.4%

15.2%

41.5%

2010

100.0%

40.0%

18.2%

19.6%

2013

100.0%

6.7%

20.1%

39.4%

15.2%

18.6%

CAGR

2006–2012

Percentage Contribution of Strategic Sectors to GDP, 2006–2012


Inflation is one of the biggest risks to growth in the short to medium term

Given the prominent role played by the real estate sector, Dubai is exposed to the risk of inflationary pressures and

volatility resulting from this sector.

3.4

1.3

-1.7

0.50.5

-2

-1

0

1

2

3

4

5

2013 2014 2010 2011 2012

Inflation (annual, %)


Regional Rank

International Rank

1 1 1 1

13 13 10 7

Number of passengers and Dubai’s rank within the world's largest airports (doesn’t include Expo 2020 visitors)

Dubai airport is the 1st regionally and 6th globally in the number of passengers

706658

5147

0

20

40

60

80

100

2011 2010 2012 2013 2014

(million)

1

6


Dubai ranked 1st in the Middle East and the 10th globally among 54 international financial centers

Source: The Banker

Dubai continues to be the most influential financial center in the Middle East

International Financial Center Index (Score)

0 25 50 75 100

Dubai

Sydney

Paris

Toronto

Amsterdam

Tokyo

H.K

Singapore

NYC

London

2015 Rank

1

2

3

4

5

6

7

8

9

10


Dubai ranked 1st regionally and 31st globally in Ease of Doing Business — Composite Ranking

Composite Ease of Doing Business (Rank)

3132

2015 2016


Dubai ranked 1st in the MENA and 47 globally in the transparency of the real estate market index Dubai is still the most transparent market within the region but has seen little progress since 2008

Location 2008 2010 2012 2014

Dubai 32 37 47 47

Singapore 11 16 13 13

USA 2 6 1 2

Malaysia 23 25 23 27

China 49 45 32 35

UK 5 3 2 1

Real Estate Transparency Index (Rank)


Dubai EXPO2020 Legacy Framework


EXPO2020 Economic impact on current GDP & employment of 26% & 18% respectively Every incremental Dirham of direct spend will result in a 1.65-multiplier in terms of business sales

Economic impact (2012-2021) will

be approximately:

much of this value is expected to be

retained within the region.

2013 GDP = AED 325 billion

26%

Share of 2013 GDP Value

AED 86 bn

€ 17.7 bn

Jobs created to exceed:

across sectors including tourism,

aviation, construction & real estate,

engineering & infrastructure, logistics

& transportation, & hospitality &

retail.

2012 employment = 1.5 million

275,000 18%

Share of 2011 Employment Jobs

40

How can your business benefit from DP2021?

Dubai Plan 2021


To help us be “A city that enjoys sustainable economic growth”

1. Invest in key strategic sectors (especially newly added; light industries)

2. Upgrade the level of productivity

3. Invest more in R&D and innovation

To help us be “One of the world’s leading business centers”

4. Establish your business in Dubai to benefit from the global outreach incentives

5. Invest in government initiatives e.g., Islamic Economy, EXPO 2020, etc.

To help us be “The most business friendly city and a preferred investment

destination”

6. Participate in government policies and service improvement initiatives by providing

continues feedback

The business community has a substantial role in supporting Dubai Plan 2021

@DubaiPlan2021 Dubai Plan 2021 خطة دبي Dubai Plan 2021 خطة دبي

www.dubaiplan2021.ae



• Life expectancy at birth for Emiratis (by gender)

• Composite index of general cultural awareness

• TIMSS results of international assessments of Emir ati students (For Math & Science for Gr ade 4 & 8)

• PISA results of international assessments of Emir ati students (For Math, Science & Reading)

• Average Emirati Income

• Proportion of Emirati households living comfortably or getting by with their curr ent income level

• Thriving Rate

• Percentage of individuals who feel proud of the Emirati culture, traditions and national identity

• Participation rate among Emiratis in the labor market

• Number of higher education degrees per 100,000 population (Total and Emiratis)


• Proportion of individuals who are satisfied with the cultural diversity in Dubai

• Proportion of people who believe that people with disabilities ar e well-catered to in Dubai society

• Proportion of individuals who believe that Dubai is an appr opriate place to raise a family

• Proportion of individuals who consider Dubai a suitable place to live for expatriates of dif ferent nationalities

• Fertility Rate of Emiratis

• Annual population growth rate

• Proportion of individuals who feel that they have friends or r elatives they can rely on to help them when

needed



• Satisfaction with the Infrastructure of Dubai (by area)

• Rate of carbon dioxide emissions per GDP

• Annual solid waste generated by the city per capita

• Average response time to dif ferent emergencies (police)

• Average response time to dif ferent emergencies (civil defense for fire accidents)

• Average response time to dif ferent emergencies (ambulance)

• M-completion

• Road fatalities per 100,000 population



• GDP Growth Rate (Total at constant prices)

• Trade Openness Ratio

• Jebel Ali port ranking and volume in container throughout (Regionally and Globally)

• Dubai International Airport ranking and volume in Passenger Traffic (Regionally and Globally)

• International Financial Center Index

• Total number of tourists

• Composite Indicator for Islamic Economy

• Dubai Ease of Doing Business ranking

• Foreign direct investment as a percentage of GDP (total)



• Satisfaction rate with the quality of City’s services

• M-Services Adoption index

• Budget surplus / deficit (as % of GDP)

• Total public debt as a percentage of GDP

• Government Efficiency Index

• Proportion of government buildings that ar e green certified

• Rule of Law Index

• Proportion of individuals who have confidence in the judicial system and the courts

• Proportion of individuals who have confidence in the local police


STRICTLY CONFIDENTIAL - · Economic diversity is a prominent feature of Dubai's economy over the...

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