Essay 1 (project)

Essay
1- Introduction:
Masdar city is developed center for renewable energy and clean technologies. It is a renewable energy city that develops sustainable low-carbon energy projects. Masdar city is developed to reduce CO2 emissions into atmosphere and carbon footprint through sustainable and energy efficient measures. It also helps in decreasing environmental issues such as pollution and global warming. Masdar supports waste management plans and energy saving initiatives. The main goal of developing Masdar city is to raise the non-oil share of the Abu Dhabi economy from approximately 40% to more than 60% . Masdar project also aims to diversify the economic activities to include priority sectors such as education, banking & finance, tourism, pharmaceuticals, media, aviation & aerospace, transportation & logistics, and manufacturing in areas.
2- Early history:
The idea of establishing Masdar city initiated in 2006. The planned total cost for starting up the project was $22 billion. The construction of Masdar project started in 2008 and it was divided into three main phases.Each phase has to be finished in determined date . Abu Dhabi government funded  Masdar project. The developer and the sponsor of Masdar city is Abu Dhabi Future Energy Company (ADFEC). It is a subsidiary company of Mudadala Development Company (MDC). MDC is owned and developed by Abu Dhabi Government in order to diversify the Abu Dhabi emirate economy and create a strong non oil sector.
3-Development:
The three phases of Masdar city project were planned to be completed in a period of nearly 8 years but the global financial crisis has lead to some delays. The first phase of Masdar project was planned to be finished in 2009 but it didn’t happen. The first six buildings of phase one in Masdar project were completed and occupied in 2010. The rest of buildings in phase one are going to be completed by 2015. The total area planned for Masdar city project is 6 square kilometers. Masdar city is expected to accommodate 45,000 to 50,000 people and 1,500 businesses, primarily commercial and manufacturing facilities specializing in environmentally friendly products. It is also expected that more than 60,000 workers will commute Masdar city every day.
4-Modern development
The completion of phase 2 and phase 3 in Masdar city project is  scheduled to occur between 2020 and 2025. After the completion , Masdar city will participate  in diversifying Abu Dhabi economy in a number of ways. It will expand Abu Dhabi export base. It will also attract private-sector businesspersons. Additionally, it will invest in education and research which encourages innovation. Moreover, it will attract, train and retain talent employees in knowledge-based sectors. Furthermore, it will support investment in areas which generate intellectual property gains. Finally, it will increase the non-oil sector’s share of Abu Dhabi economy and it will separate economic growth from fluctuating oil prices.

5- Conclusion:
 Masdar city will be the future worldwide city. It will attract the eyes of all people everywhere to come to live and to invest in it. It will have prosperous future because it is developed based on renewable energy and sustainable technologies. Individuals and the UAE government have to participate together to complete the construction of the remaining phases of Masdar city.  More attention from individuals, governments and societies has to be paid to develop areas which resemble Masdar city.
Bibliography
About Masdar, (n.d), Retrieved 20th April 2013 from:  http://masdarcity.ae/en/86/about-masdar/
About Masdar , (September, 2012), Retrieved 25th April 2013 from:   http://www.masdar.ae/en/home/detail/launched-by-the-abu-dhabi-leadership-in-2006-with-the-mission-to-advance-re
Brebbia, C.A & Beriatos, E. (2011). Sustainable Development and Planning V. WIT Press.
Building the World’s Most Sustainable City, (n.d), Retrieved 24th April 2013 from: http://www.rpd-mohesr.com/uploads/custompages/15_MASDARCITY.pdf
Exploring Masdar City, (n.d), Retrieved 18th April 2013 from:  http://www.masdarconnect.com/userfiles/files/Exploring-Masdar-City-Site-Tour-Booklet.pdf
Sustainability and the city, (n.d), Retrieved 22nd  April 2013 from:  http://masdarcity.ae/en/30/sustainability-and-the-city/
Database :  http://search.proquest.com.ezproxy.hct.ac.ae/science/docview/1265836128/13DB993F1007197903B/1?accountid=1215