In line with the objectives of the national strategy for industry and advanced technology, and under the umbrella of the “Made in the UAE” initiative, the third edition of the “Made in the UAE” forum will be launched under the slogan “Investment, Sustainability, Growth” on May 28th and 29th, at the Abu Dhabi Energy Center.
This annual platform aims to highlight the most promising investment opportunities, incentives, and potential in the industrial and advanced technology sectors in the UAE, and also celebrates through the “Made in the UAE Awards” the companies and industrial leaders that have contributed significantly in industrial growth, technology, localization, sustainability, and innovation.
The event, organized by the Ministry of Industry and Advanced Technology in cooperation with the Abu Dhabi Department of Economic Development and Adnoc Group, witnesses prominent local and international participation to discuss future trends, growth opportunities, partnerships, investments, exchange of expertise, and supportive solutions for the growth and competitiveness of industrial companies.
The event brings together decision-makers and officials from government entities and local and international private companies. It is considered one of the leading industrial events in the UAE and the region, involving experts, innovators, funding institutions, investors, and both leading and emerging small and medium-sized national companies under one roof.
Omar Al-Suwaidi, the Deputy Minister of Industry and Advanced Technology, has confirmed that the “Made in the UAE” forum aligns with the leadership’s directives to enhance a possible and motivating environment, and create hundreds of industrial investment opportunities annually, under the umbrella of national strategic initiatives for industry and advanced technology.
These initiatives aim to support the growth and competitiveness of the UAE industry, and provide all possible resources and incentives to investors through ministry programs, including the National Content Program, to benefit from local purchasing power in the growth of the industrial sector, and the Technological Transformation Program, which supports the transformation, efficiency, and sustainability of industrial companies, strengthening the UAE’s position as a trusted regional and international manufacturing and innovation hub, and a preferred destination for all local and international industrial sector members.
He added: The second edition of the forum has achieved significant growth in the deals committed by leading companies in the country, with a value of 120 billion dirhams that will be invested in the coming years. Additionally, the number of locally manufactured products has jumped to over 1400 compared to 300 products announced in the first edition of the forum. Supportive financial solutions for business growth and expansion have also been announced, with a value of 6 billion dirhams from strategic partners such as First Abu Dhabi Bank and Mashreq Bank. Furthermore, the event was attended and participated by more than 5000 officials, investors, manufacturers, major domestic and international industrial companies, technology developers, government entities, and financial institutions.
The Swedish mentioned that the forum contributes, through its discussions, activities, and accompanying exhibition, to highlighting the progress achieved by the sector in the development of advanced industries, the use of clean energy, the promotion of food and pharmaceutical manufacturing, attracting technological investments, and enhancing digital transformation. The forum also honors the distinguished and innovative individuals in the industrial sector in the UAE, including entrepreneurs and visionaries who contribute to shaping and promoting the future of industry in the UAE, as well as the most contributing and influential companies in industrial growth, technological transformation, localization, and enhancing sustainability and innovation in this vital sector.
The industry sector in the UAE has the ability and potential to attract more quality investments, as it is rich in numerous investment opportunities. This reflects the credibility and reliability of the Emirati investment environment, supported by a legislative system and laws that encourage investors to attract more industrial investments from within and outside the country.
It is mentioned that the second edition of the “Made in the UAE” forum and its accompanying exhibition witnessed, for the first time, the launch of the “Made in the UAE” awards to honor the companies that have contributed the most to industrial, technological, localization, sustainability, and innovation growth. The awards were distributed across 10 categories that fall under 4 main classifications, including future factories, contribution to national value-added, industrial capabilities, and leadership and talent. Additionally, 13 emerging national and foreign companies in the industrial sector were also honored.
“The ‘Made in UAE Forum’ reflects the commitment of the Ministry of Industry and Advanced Technology to empower and stimulate national and international companies operating in the UAE industrial sector, in order to increase their contributions to achieving the objectives of the national strategy for industry and advanced technology. The event also supports young creative Emiratis, entrepreneurs, and startups in launching their projects and introducing investment cooperation opportunities, by giving them the opportunity to share their success stories in the UAE. This highlights their ability to innovate and develop products, thereby enhancing the competitiveness of companies and achieving sustainable economic growth targets.”
(albayan)
