24-Dec-2010 10:44 AM

UAE plans USD136bn investments in aviation over next 10 years

UAE's Economy Minister Sultan bin Saeed al-Mansouri stated the UAE would invest USD136 billion in its aviation industry over the next 10 years in an ongoing bid to diversify its economy (WAM/The National, 23-Dec-2010). He added that the UAE is seeking to capitalise on its transport and communications infrastructure.