D33: Dubai’s 10-year agenda for further growth

The D33 Agenda includes the launch of 100 transformative projects that will help achieve His Highness Sheikh Mohammed bin Rashid Al Maktoum’s vision to make Dubai the world’s best city to live and work in and the preferred destination for international companies and investments.
The value of the total targets set by the Dubai Economic Agenda D33 is AED32 trillion (USD 8.71 trillion) by 2033, which coincides with the 200th year since the city’s founding.
It aims to accelerate growth by enhancing the advantages gained from Dubai’s strategic location and its advanced infrastructure by investing in human development, skillsets, and advanced technology and consolidating Dubai’s global competitiveness, innovation, and knowledge-based economy.
The D33 Agenda also aims to raise the contribution of Foreign Direct Investment (FDI) to Dubai’s economy from an average of AED32 billion annually in the past decade, to an average of AED60 billion annually in the next decade to reach a total of AED650 billion over the next 10 years.
One of the important goals of the Agenda is to raise the competitiveness of the city’s dynamic business sector and enable the increase of private sector investment from AED790 billion in the past decade to AED1 trillion by 2033.

D33 Priorities

The Dubai Economic Agenda 2033 focuses on a set of key ten-year priorities, including raising the value of the industrial sector and promoting the growth of exports, contributing to sustainable economic growth, and achieving self-sufficiency in manufacturing, and other key sectors and industries. Supporting Dubai’s emphasis on future-focused growth, the Agenda aims to increase Dubai’s economic productivity by 50% through innovation and digital solutions.
Another specific priority of the D33 Agenda is to position Dubai among the top three international destinations for tourism and business by providing a globally competitive environment for business sustainability and driving down the cost of doing business.

Transformative Projects

The first collection of D33 transformative projects include:

• Adding 400 cities as key trade partners to Dubai’s trade map
• Dubai Economic Corridors 2033 initiative, which will enhance existing foreign trade relations with Africa, Latin America, and Southeast Asia
• A scale-up program to support 30 companies to become global unicorns in new economic sectors
• Dubai Traders Project (DT33) which will drive growth in Dubai’s trading hub
• Sandbox Dubai will position Dubai as a significant hub for incubating business innovation by enabling testing and commercialization of new products and technologies
• Promoting the growth of SMEs by identifying 400 high-potential companies, supporting their capacity building and global expansion
• Dubai Unified License, which will provide a unique commercial identity for all companies in Dubai

The Dubai Economic Agenda further consolidates the supportive environment that SMEs, startups, and established businesses find in Dubai and adds to its already illustrious appeal as a business destination that offers 100% foreign ownership, world-class connectivity, leading-edge infrastructure, and overall ease of doing business.
As a dynamic and truly international Free Zone community in the UAE, IFZA is perfectly positioned to support the Dubai Economic Agenda by providing global entrepreneurs and businesses with an ever-growing ecosystem of support that covers premium standards of business setup solutions and more.