The project will also create an Emirati scientific team, but that would expand to include international scientists. In particular, these teams would be seeking to develop faster transportation to and from the planet, as well as researching what the settlement would look like and how it will be sustainable in terms of food, energy and transportation.

This won’t be the Gulf state’s first foray into space travel. The UAE launched its own space agency in 2014, which launched partnerships with French and British space agencies the next year. It is planning to send an unmanned probe to Mars by 2021, a project that was described as “on track” just last month.

Of course, whether the plan for a city on Mars will actually come to fruition a century from now is hard to predict. However, in a strange way, this might be a good thing. Other recently announced space exploration plans, particularly those focused on Mars, have been criticized for setting too ambitious a time frame given the huge costs of such a mission. By setting such a distant goal, the UAE’s ambitious city becomes a little more realistic.

For the UAE, these attempts to break into space technology may also reveal an anxious attempt to break away from the country’s reliance on oil and gas and related industries, having been hit hard by falling prices recently. Thankfully for them, there’s still plenty of money in sovereign wealth funds to invest in Mars.