Nicosia, Apr 20 : The United Arab Emirates Government has announced plans to build an all-new capital city by 2028.
According to Khaleej Times, the capital will be located in Khalifa City, near Abu Dhabi, and have an area of 4,900 hectares. It will house all government offices and ministries, and would be able to accommodate three million people in less than 25 years.
The project, which is being designed and implemented by the Executive Affairs Authority, is aimed a creating a contemporary Arab city reflecting a sustainable economy.
Abu Dhabi is the largest emirate of the UAE and is the second largest by population. It is the seat of the President of the United Arab Emirates and the federal cabinet.
The United Arab Emirates has a highly industrialized economy that makes the country one of the most developed in the world, based on various socioeconomic indicators such as GDP per capita, which is currently the fifth in the world, energy consumption per capita and the Human Development Index.