The Investment Corporation of Dubai (ICD) was formed in 2006 in order to consolidate and manage the Dubai's portfolio with the aim of developing and implementing government policies and investment strategies to maximise shareholder value and benefit Dubai in the long term.[19] ICD has a portfolio that is representative of sectors that are deemed ‘strategic’ for the continued development of Dubai. Strategic sectors include Financial and Investment, Transportation, Energy and Industrial, Real Estate and Leisure and Other Holdings.