With increased investment in schools and colleges, UAE is paving way for itself to emerge as a country having educational excellence. It is a well-known fact that education boosts economic growth significantly. Therefore, investment in schools in UAE can do wonders as the economy of the country already has steady growth. Moreover, various studies show that expenses carried out in basic education, and technical education, the greater is the increase in national income. Therefore, it would not be considered wrong to assume that investment made in the field of education is never an expenditure for a country, rather it is a technique to build and acquire future assets.

Importance of investing in education

Any nation needs to invest a considerable part of its annual GDP in the field of learning and education because in absence of such School investment in UAE, the country cannot experience overall growth and development in any of the important sectors such as health, service, and finance, and it would also lag in the race of economic development of nations around the world. Moreover, if a country does not spend much on its education sectors, then the citizens of the country would not be skilled enough to perform essential tasks involving expertise for the country. As a result of this, the country would have to depend on foreign resources which leads to loss of a lot of time and funds. Therefore it is always better for a nation to spend on its own economic welfare rather than contributing to the economic growth of foreign nations. But, an increase in investment in the field of education cannot take place without the formulation of effective economic policies because, without active economic policies, there can be a wastage of funds and resources of the country that would ultimately make the task even more difficult.

Benefits of investment in schools

Investment in schools can be called an investment that does not have any limitations when it comes to benefits. Investment in basic education can have a significant impact on a country. By levelling up the education of the sector as a whole, education becomes an investment that results in the betterment of the health of the nation. Also, the benefits are not only for the nation, there are enormous benefits for the people as well. For the individual, investing in education to a higher or more in-depth level either academically or practically can open a new and wide range of career paths. Such an increase in the number of opportunities ends up putting wealth back into the community which can lead to massive development in other areas. Increased expenditure on education in a country also motivates individuals to grow new business ventures and leave a lasting impact on the country’s economic growth. Therefore, it is a very smart decision to allocate adequate funds to the field of education as it results in increased standards of living for people, better infrastructure in the country, and improves the country’s employment rates, empowerment of citizens, etc. Moreover, an increase in School investment in KSA would change the country’s image of being less progressive in terms of education all over the world. Also, these benefits are not limited only to books, rather, it can be clearly noticed in UAE’s infrastructure constantly getting better and bigger. UAE having world-class schools in the world is nothing but a result of an increase in investment in the field of education by the government.