Many countries are keen to create a competitive environment that attracts investments which promote and enhance primary economic sectors, create jobs and support the needs of the communities in accordance with development plans. In fact, global economies are undergoing consecutive crises at the time of changing political, economic, social parameters in the Arab world. The 2013 conference will discuss the challenges and opportunities for real estate development in accordance with the changes and challenges in the regional and international real estate environments along with related requirements for sustainable real estate development.
The current shift in the world's economic order forces emerging economies and high-growth countries to continually draft and implement new strategies aimed at growing their global market share and maintaining their competitive edge. Countries that seek top rankings in the Global Competitiveness Index must enhance investors' perception and understanding of the economic advantages they offer. The sustainable real estate development will play a principal role in sustaining the image of certain location as a world-class investment destination.
The Sustainable Real Estate Conference complies with the initiative of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of United Arab Emirates and Ruler of Dubai, which calls for building a green economy in the UAE under the slogan of "green economy for sustainable development". UAE aims to be a world leader in this area and a center for export and re-export of products and green technologies, in addition to maintaining a sustainable environment. This will support long-term economic growth, where initiative includes a range of programs and policies in the areas of energy, agriculture, investment and sustainable transport in addition to environmental policies and new urban aims to raise the quality of life in the country.
Dubai Land Department strives to implement the vision and strategy of His Highness Sheikh Mohammed bin Rashid Al Maktoum to build a green economy and raise awareness in the real estate sector by introducing new initiatives. The Land Department seeks to build a green and safe real estate environment, by offering leading programs to build green economy convenient for UAE nationals and residents.