DEWA: New projects will be completed within 3 years from the date of awarding implementation tenders

Investors: Our projects in Hatta have rebounded by up to 300%

  • Citizen investors are expanding their projects after the government announced new projects in Hatta.

    From the source

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Specialists and owners of investment projects in the Hatta region confirmed that their profits ranged between 100 and 300% in recent years, since the government began implementing projects to develop the region, according to the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The government facilities have removed all obstacles in front of them, and greatly revived their projects.

Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority, said that the authority is in the process of issuing tenders for the authority's new projects in the Hatta region, stressing that they will be completed within three years, as a maximum, since the tender was awarded to the executing companies.

Citizen investors in Hatta confirmed that, now, after the government announces new projects in the area, they will work to expand and diversify their projects in line with the great boom that the region will witness, to meet the increasing demand from tourists and visitors to the region, in various fields of entertainment, hospitality and others.

For his part, the head of the Hatta Municipality Center, Omar Saeed Al-Mutaiwee, said that the development projects of the Hatta area are concerned with the basic element of the area, which is the human being, stressing that the people of the area have begun to establish investment projects, all of which have rebounded and achieved great profits, which prompted them to expand.

He stressed that the municipality worked to overcome all difficulties and obstacles for project owners, provided lands and mechanisms, and facilitated all procedures that would enable them to establish and succeed their projects, especially owners of small and medium enterprises. He said that the new projects will transfer the Hatta region to the ranks of global tourist areas.

He continued: "His Highness Sheikh Mohammed bin Rashid Al Maktoum's interest in the region led to the stability of the youth of Hatta in it, which was reflected on families as well, in addition to the projects' direct contribution to the national economy and quality of life, and we say that the future is more beautiful under the leadership and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum. Rashid Al Maktoum, for the state and people of the Emirates, its residents and visitors, and for the Hatta region, its people and visitors.”

For his part, the investor Khamis bin Salmeen said that he established a project for renting sand bikes in the region, and achieved a profit of 300%, with the large number of tourists in the region, after the government development that began in 2016, stressing that with the increase in the number of tourists expected during In the coming years, after the government announces new development projects, he will work on expanding and developing the project.

For his part, Muhammad Khalfan Juma Al Mutaiwee, one of the owners of projects in the Hatta region, where he owns a rest house and a specialized café, to serve tourists and visitors to the area, confirmed that his hostel rarely has an occupancy rate of less than 98%, which will push him to expand in the future to serve The increasing demand, after the implementation of the tourism development projects announced by the government.

He stated that the economic recovery in the Hatta region created a kind of competition among the residents of the region, and urged everyone to establish various projects that suit the nature of the region.

Investor Salem Al-Badwawi stated that he started his investment by establishing a project for small recreational boats, and with the success of the project and its prosperity, he decided to expand by establishing a project for large tourist boats, to serve the tourists and residents of the region, pointing to the recovery of the tourism movement in the region significantly, and it is expected to rise in the coming years, which It is a golden opportunity to expand and create new projects.

He expressed his thanks to the Dubai Municipality for its continuous assistance and facilities, which had a prominent role in the success and prosperity of the projects.

The Chairman of the Board of Directors and Hatta Football Company, Ali Muhammad Al-Badwawi, said that government development projects in the Hatta region have worked on the growth of economic recovery in the region, especially in the field of tourism, and stated that this recovery will be reflected in all fields, including sports, as the number of Its supporters and sponsors, with the growth of economic life in the region, especially with the implementation of new projects announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum.

• The Hatta region is witnessing an increasing demand for various fields of entertainment and hospitality, from visiting tourists.

Al Tayer: Dubai Electricity projects aim to develop Hatta and provide job opportunities

Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority, said: “Within the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Hatta is a center of tourism and investment par excellence, while preserving the city’s heritage. With its ancient and attractive nature, the authority implements pioneering projects in Hatta, through which we aim to develop the region and meet the needs of social, economic and environmental development, in addition to providing innovative job opportunities for the citizens of the region and enhancing community happiness.

He added: “In implementing the projects (Dubai Mountain Summit) and (Hatta Sustainable Falls), we are keen to use the latest, most advanced and safe technologies to suit the geological conditions of the Hatta region, taking into account the highest international environmental standards to preserve the Hatta Mountain Reserve, and to harmonize the project with its surroundings in The region provides a qualitative and unique experience for UAE tourists, and shows the beauty of the mountainous regions of the country.” Al Tayer explained that the projects implemented by the authority in Hatta will provide about 200 jobs in the technical, administrative and operational fields, and more than 300 jobs in the visitor center and outdoor activities, and tourism facilities associated with the project. .

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