Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture, Youth and Community Development, on Thursday attributed the U.A.E.’s high ranking in the latest Global Competitiveness Report (GCR) to the solid foundations laid by the nation’s founding father, the late Sheikh Zayed bin Sultan Al Nahyan, who created a unique human development model that has become a primary driver of the prosperity and progress of the country.
Sheikh Nahyan, in a statement, also praised President His Highness Sheikh Khalifa bin Zayed Al Nahyan, Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, Their Highnesses the Supreme Council Members and Rulers of the Emirates, and General Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the U.A.E. Armed Forces, for providing a favourable environment that encourages excellence and nurtures creativity in all spheres of development in U.A.E.
In the latest Global Competitiveness Report (GCR) 2014-2015 issued by the World Economic Forum (Davos), U.A.E. advanced seven places in the overall competitiveness of its economy within just one year, becoming the 12th most competitive nation globally, after ranking in 19th position last year, and now is ranked first in the world in terms of the high quality of its roads on the Global Competitiveness Index (GCI) for 2014-2015 and in the absence of organised crime, as well as in the lack of inflation.
Sheikh Nahyan also said that U.A.E.’s achievements are not new, accidental, or just plain chance, rather they are based on the leadership’s wise visions, careful planning of strategies and performance-enhancing programmes for advancing work in line with international standards and earning the country a top place in the global competitiveness report.
The U.A.E.’s new achievement in global competitiveness is but the latest in a series of steps towards further progress, Sheikh Nahyan noted.
Source : WAM News Agency for United Arab Emirates
