By Nikhil Pereira
Food manufacturing, medical supplies, power generation services, iron, aluminium and cement top the list of industries that the emirate is looking to boost
The Abu Dhabi Department of Economic Development (ADDED) has launched a scheme called ‘basic industries project’ that will help businesses in the emirate become self-sufficient.
The government has picked four sectors namely food manufacturing, medical supplies, power generation services, including others such as iron, aluminium and cement.
ADDED’s Industrial Development Bureau has been entrusted to implement the initiative, and will target three key pillars: strengthening basic industries to support locally made products; attracting new investments in key sectors; and investing in developing existing basic industries.
Food service and production has been a pivotal industry for the UAE over the years. In July, the UAE imported 4,500 cows from Uruguay to boost output of dairy products.
In a boost to the country’s medical sector Strata, a Mubadala-owned company, tied up with Honeywell in May to produce 30 million N95 masks every year.
Mohammed Ali Al Shorafa, chairman of ADDED, said the project was launched in response to the Abu Dhabi Government’s directives to support the key industries and supply the domestic market with competitive and high-end local products in coordination with government and semi-government entities.