The Abu Dhabi National Oil Company (ADNOC) has announced major development plans for Ruwais City, a 6.9-square kilometer community near the Ruwais Industrial Complex, in Abu Dhabi’s Al Dhafra region.
The project will see the city’s population nearly double, over the next 15 years, to more than 50,000 people, as well as the creation of thousands of new, specialized, highly skilled jobs in parallel with ADNOC’s investment in its downstream operations.
Under the patronage of His Highness Sheikh Hamdan bin Zayed Al Nahyan, the Ruler's Representative in Al Dhafra Region, His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, the new Ruwais city brand identity was unveiled.
The Ruwais City development plan complements ADNOC’s decision to invest hundreds of billions in developing the world’s largest integrated refining and petrochemicals complex in Ruwais.
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This industrial ecosystem, supported by the UAE’s stable fiscal, legal and financial system, is designed to generate long-term sustainable value for investors by providing them with:
(i) access to a diverse set of competitive materials, utilities and other best in class industrial services
(ii) proximity to growing markets
(iii) and best-in-class community infrastructure that ensures an exciting work-life balance
H.E. Dr. Sultan Al Jaber said: “Our investment in the further development of Ruwais City is an investment in our people, our most important asset.
“It is not just about enhancing the city’s infrastructure; it is about improving residents’ quality of life as we continue to build a strong, sustainable community and create greater value for the benefit of the local economy, the region and the nation.
“The AED 165 billion investment in our downstream operations, over the next five years, will have a big ripple effect that will create new employment opportunities, establish new businesses and enable existing businesses to grow and prosper.
“The in-county value will also be significant as we expand our operations, introduce new high-value products and grow our downstream market share.”
To accommodate the immediate population growth, ADNOC is constructing more than 3,000 new residential units bringing the total number of city housing units to more than 10,000, with more to be built as required.
The city’s development will also include a number of projects focused on lifestyle, recreation and community, including new beach facilities, a central park, traditional souq, 18-hole golf course, cricket field, running track and cycling track, as well as the expansion of the public transport network, a range of community and civic centres and a number of health centres.
Read more: ADNOC to Handle Ruwais Container Terminal