Sunday 15 November 2009

Dubai, Abu Dhabi eye the zenith with aerospace plans



The UAE is soon to become part of the global aviation supply chain with the governments of Dubai and Abu Dhabi showing strong interest in aircraft manufacturing processes on a commercial scale.

Both governments have been steaming ahead with joint ventures or part-acquisition of global aviation assets in order to gain access to aviation technologies while keeping options open for technology transfers that will eventually boost the UAE's prospects for a more significant role in the global aviation industry.

Investment in the UAE's airline and aviation industry is expected to soar to Dh550 billion.

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