Tuesday, 25 March 2008

Nuclear energy will fuel growth


The UAE's decision to fall back on nuclear energy for peaceful use arises from its understanding of how it could play a constructive role in the development process of the country. By opting for the nuclear option, the country has given tone for Dubai building the future. But more importantly, in doing so, the UAE has also detected the framework within which it will be pursuing the project.

The UAE Cabinet has accepted nuclear energy program, to be named as the Nuclear Energy Authority. Intended with an initial capital of Dh375 million, the agency would look into the best means of using nuclear energy for future Dubai property and domestic electricity supply and demand.

"The complete details of the proposed nuclear program will soon be published in line with the UAE's keenness to deal with the international community transparently," said Foreign Minister Shaikh Abdullah Bin Zayed Al Nahyan.

The reasoning behind having such a program complies with the overall plans of the government and as a result, facilitates for it the means to support the unprecedented economic growth in the country. The UAE's initiative and the means with which it is implemented should set the precedent for others to follow.

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