Khalid bin Mohamed bin Zayed launches Abu Dhabi Industrial Strategy to consolidate the emirate's position as an industrial center considered the most competitive in the region

His Highness Sheikh Khalid bin Mohammed bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council and head of the Abu Dhabi Executive Office, today launched the Abu Dhabi Industrial Strategy to consolidate the emirate's position as an industrial center that is considered the most competitive in the region. The Abu Dhabi government intends to invest 10 billion dirhams through six ambitious economic programs that seek to double the size of the manufacturing sector in Abu Dhabi to reach 172 billion dirhams by 2031 by enhancing ease of doing business, supporting industrial financing, and attracting foreign direct investment..

The strategy will also work, through its six programs, to create 13,600 additional specialized job opportunities suitable for Emirati technical cadres, and to enhance Abu Dhabi's trade with global markets, including supporting efforts to diversify the economy by increasing the volume of non-oil exports to the emirate by 138% to reach 178.8 billion Dirhams on the horizon of 2031.

The various initiatives included in the Abu Dhabi Industrial Strategy, which also include preparing a new regulatory framework for the circular economy and adopting environmentally friendly policies and stimulus plans, will contribute to advancing Abu Dhabi's transformation to a circular economy and benefit from the industrial sector that stimulates and encourages raising the level of responsibility in production and rationalizing consumption from Through waste treatment, recycling, and smart manufacturing.

Commenting on the launch of the Abu Dhabi Industrial Strategy, His Excellency Falah Mohammed Al Ahbabi, Chairman of the Department of Municipalities and Transport and Chairman of the Abu Dhabi Ports Group, said: “The Abu Dhabi Industrial Strategy is a major supporter of the great ambitions of the United Arab Emirates towards developing tight economic strategies that effectively contribute to achieving development. economic and consolidating the state's position within the global trade and industry sectors".

His Excellency added: “This important initiative also reflects the vision of our wise leadership and its keenness to build a sustainable economy during the next decade, as building on the huge capabilities and innovative technologies owned by the state, in addition to advancing the development and diversification of the manufacturing sector, will have a great impact on achieving the goals of the next stage.” From the development of our diversified national economy, which contributes to the advancement of the position of the Emirate of Abu Dhabi and the United Arab Emirates as a global industrial power. At a time when the global economy is facing many obstacles and challenges, the continuous efforts made by our wise leadership to support the industrial sector in the emirate are moving us forward in a way that enhances the non-oil GDP and at the same time establishes a solid logistical and industrial work system that supports growth and provides many of job opportunities".

Through the strategy, the development of the industrial sector will be accelerated by integrating advanced Fourth Industrial Revolution technologies to drive growth, competitiveness and innovation while enhancing sustainability in the industrial sector system in line with the UAE strategic initiative to achieve climate neutrality by 2050 and the National Plan for Climate Change.

New initiatives will be implemented within the framework of the objectives of this strategy in order to drive growth across seven basic industrial sectors: chemical industries, machinery and equipment industry, electrical industries, electronic industries, transportation industry, food and agricultural industry, and pharmaceutical industries..

Abu Dhabi Industrial Strategy Programs and Initiatives:

The strategy includes six programs that seek to advance development, promote innovation, refine skills, build an integrated system for local manufacturing companies and institutions, increase the volume of Abu Dhabi’s trade with global markets, and facilitate the transition to a circular economy..

circular economy

The circular economy initiative will promote sustainable economic growth by raising the level of responsibility in production and consumption, while preparing a regulatory framework for the circular economy to treat waste, recycling and rationalize consumption, in addition to adopting sustainable policies, encouraging government purchases of environmentally friendly products and granting incentives to improve environmental sustainability..

Fourth Industrial Revolution

The Fourth Industrial Revolution Initiative will drive economic growth by integrating advanced technologies and policies to enhance competitiveness and innovation, with support from other programs that include the Smart Manufacturing Finance Program, the Smart Manufacturing Assessment Index, and competency centers that provide training and knowledge exchange..

Development of industrial competencies and talents

The Industrial Competency and Talent Development Initiative will assess the efficiency of the workforce, introduce skills development programs to meet the requirements of future industries, in addition to creating 13,600 job opportunities by 2031, focusing on Emirati talent, and developing rewarding career paths in the manufacturing sector..

Development of the industrial sector system

Factors enabling the industrial sector system include the provision of digital maps according to the geographic information system to search for industrial lands and the application of a unified program for inspection to control and control quality. The initiative also focuses on enhancing the ease of doing business through programs providing incentives, exemption from government fees, reducing land prices, providing research and development grants, and tax exemptions, as well as simplifying customs procedures and their costs, and carrying out regulatory reforms to industry and housing laws..

Import substitution and local supply chain strengthening

The import substitution initiative and the strengthening of the local supply chain will enhance the resilience of the industrial sector by increasing the level of self-sufficiency and subsidizing local products. The Abu Dhabi Gold List is currently being expanded, which encourages government purchases of locally manufactured products, while facilitating access to foreign markets through comprehensive economic partnership agreements, in addition to the bilateral trade agreement program. The products of the local industry will also be supplied within the framework of the foreign and development assistance program provided to needy countries.

value chain development

To drive infrastructure development to reach full integration, a fund dedicated to investing in supply chain management will be established. In addition, compensation will be provided to support industrial financing, incentives will be provided to channel partners to attract foreign direct investment, and infrastructure improvement programs in Al Ain and Al Dhafra region will strengthen the industrial sector system..

On the sidelines of the launch of the Abu Dhabi Industrial Strategy, the ceremony witnessed the signing of several partnership agreements in the industrial field, the most prominent of which were:

- A partnership agreement between the Department of Economic Development in Abu Dhabi and “MAID .”(MADE I4.0) Italian specialist qualification

The department will work with the Italian company to enhance awareness of the opportunities associated with the applications of the Fourth Industrial Revolution 4.0, and to develop competencies and technical skills for the workforce in the industrial sector through a program specialized in refining skills and enhancing the innovation and entrepreneurship system.

- Agreement between the Department of Economic Development in Abu Dhabi and the German company Tough Sud (TÜV SUD)

The agreement aims to enhance cooperation for the development and assessment of industrial readiness (I4.0IR) Within the framework of educating industrial enterprises and measuring the current maturity in the industrial sector. . will be used I4.0 IR To conduct assessments of qualified companies in order to rely on the experiences gained in facilitating cooperation between the parties involved in the manufacturing sector to develop policies that support smart manufacturing.

- Agreement between Abu Dhabi National Oil Company (ADNOC) and Pharco National Oil Wells Company (NOV)

The agreement seeks to expand the scope of cooperation between ADNOC and the company NOV and expanding its operations at the state level. In implementation of this agreement, the American company will manufacture the main components used for drilling in the industrial facilities of Abu Dhabi.

- Agreement between Abu Dhabi National Oil Company (ADNOC) and Ingenia Polymers

Ingenia Polymers will establish its first industrial facility in the United Arab Emirates. The company will produce plastic dyestuffs, polymer derivatives, and plastics industry materials used by national companies such as “Borouge” to produce innovative solutions based on polyolefin. Recently, Engina Polymer moved part of its manufacturing capabilities to the United Arab Emirates and established its first manufacturing facility in ICAD 1.