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Dubai, May 30 / Dubai Industrial City – affiliated to TECOM Group – will participate in the activities of the second session of the “Make in the UAE” forum, which will start tomorrow and will last for two days and is organized by the Ministry of Industry and Advanced Technology in the Abu Dhabi Energy Center.
The forum, which is organized by the Ministry of Industry and Advanced Technology in cooperation with the Department of Economic Development in Abu Dhabi and the Abu Dhabi National Oil Company (ADNOC), supports the “Make in the UAE” initiative launched by the ministry on the sidelines of its national industrial strategy “Project 300 Billion”, with the aim of consolidating the country’s position as a global destination. Prominent for future industries and motivating investors, innovators and project development companies to manufacture products locally, by benefiting from the state’s integrated business incubating environment and supportive logistical services.
Dubai Industrial City is participating in the forum in support of the “300 billion project” strategy, the “Make in the UAE” initiative, and the Dubai Economic Agenda “D33”, which aims to double the size of Dubai’s economy over the next decade by promoting innovation, attracting more foreign investment, and encouraging various sectors to achieve self-sufficiency. self, including the manufacturing and logistics sectors.
His Excellency Malik Al Malek, Chairman of the Board of Directors of TECOM Group, will highlight in a panel discussion on the first day of the “Make in the UAE” forum the important role that research and development plays in supporting and enhancing industrial competitiveness, while Saud Abu Al-Shawareb, Executive Vice President of TECOM Group, will participate. The industrial sector, in a panel discussion entitled “The Role of Industrial Zones in Supporting the National Economy.”
Saud Abu Al-Shawareb, Executive Vice President of TECOM Group – Industrial Sector, said that the strategy of the “300 billion project” and Dubai’s economic agenda “D33” contribute to strengthening the supportive environment for business that has made the UAE and the Emirate of Dubai over the past decades a preferred global destination for investors, talents and innovators in business. manufacturing sector from all over the world.
He pointed out that Dubai Industrial City is one of the largest fully-equipped complexes specifically designed to meet the needs of the manufacturing and logistics sectors, which enables it to provide companies with a supportive environment that allows them to achieve sustainable growth in the region and beyond.
He added: “Our well-established partnerships with the most prominent players in the public and private sectors contribute to providing many new opportunities and horizons to advance the industrial sector in Dubai and the UAE. We look forward to highlighting the opportunities available in our industrial complex through the second session of the Make in the UAE Forum.”
He continued: “The strategic location of Dubai Industrial City, its close connection to an integrated transportation network, and the compatibility of its business with the strategies and initiatives of the UAE government, enable us to continue achieving more achievements within the local manufacturing sector. Based on our relentless endeavor to support and empower companies, the recently announced strategic partnerships with The Ministry of Industry and Advanced Technology aims to consolidate the UAE’s position as a prominent global destination for future industries and support efforts to reduce carbon emissions from the industrial sector.”
He stressed the importance of the solid partnership with the Emirates Development Bank, which has approved more than 513 million dirhams to finance existing projects and companies in Dubai Industrial City during the year 2022, and on the sidelines of the launch of the Dubai Industrial City initiative # Let’s Create_OurIndustry during the current month, and the bank’s commitment to providing customers with financing amounting to 1 billion dirhams. during
From the next 3-5 years, which contributes to improving the competitiveness of the industrial sector by doubling the contribution of the private sector in Dubai and the UAE.
The “Make in the UAE” forum and its accompanying exhibition is one of the most prominent industrial events in the UAE and the region. The new session aims to enhance communication and cooperation, discuss future directions of the industrial sector, enhance the sector’s contribution to reducing carbon emissions, support climate action efforts, and raise awareness of facilities, incentives and investment opportunities. The distinctive features provided by the state, in addition to strengthening investment partnerships between local, regional and international industrial companies.
Dubai Industrial City is one of the specialized business parks of the TECOM Group, which includes Dubai Internet City, Dubai Media City, Dubai Studio City, Dubai Production City, Dubai Science Park, Dubai Knowledge Park, Dubai International Academic City and Dubai Design District.
