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Ministry of Economy vows to strengthen collaboration and coordination with Borouge

Media IN ABU DHABI, 6th July, 2019 (WAM)

Abdullah bin Ahmed Al Saleh, led a delegation from the Ministry of Economy including Under-Secretary for Foreign Trade Affairs at the Ministry of Economy, visited the Innovation Centre of Borouge in Abu Dhabi.

They were introduced to the latest practices and technologies used at the Borouge Innovation Centre to produce innovative and value creating solutions of polymers and plastic elastomers that serve a wide range of industries including medical, machinery, automotive, electrical and mechanical supplies and other sectors in accordance with the best advanced industrial technology standards.

It was also introduced to Borouge’s global supply chain network and its warehouses and logistics hubs in China, India, Southeast Asia and Europe.

Al Saleh underscored the importance of the technology and innovation industry in keeping pace with the new economy standards, increasing the competitiveness of the country’s products and exports in international markets and in facilitating their access to new and promising global markets in different countries.

He also emphasised the importance of partnerships between the government and private sectors in supporting the economic development of the UAE.

He added that Cooperation and coordination between the Ministry of Economy and Borouge is of great significance as it contributes to the export efforts of the company and its ability to build fruitful and sustainable foreign trade partnerships that support the UAE’s trade exchanges.

CEO Borouge said that the company focuses on joint efforts to protect and develop national industries in line with the country’s economic vision. These efforts also support Borouge’s development and its leading role in the continuous growth of the petrochemical industry in the UAE and the world.

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