The UAE’s industrial capabilities, advantages and enablers in manufacturing, and its world-class logistics and communication infrastructure and facilities were highlighted at various sessions held on Tuesday at the ‘Make it in the Emirates’ forum in Abu Dhabi.
The sessions also discussed various opportunities in technology, hydrogen, petrochemicals and renewable energy, which supported the UAE’s rise as a global hub for clean energy.
In the session titled ‘Why Make it in the Emirates?’, participants dwelt upon the various initiatives and support schemes offered to manufacturers and the industrial sector to make the sectors globally competitive and position the UAE as a global manufacturing hub.
The session was attended, among others, by Humaid Mohammed bin Salem, secretary-general of the Federation of Chambers of Commerce and Industry in the UAE, Sameh Al Qubaisi, director-general of economic affairs at Abu Dhabi Department of Economic Development (ADDED) and Captain Mohamed Juma Al Shamsi, managing director and CEO of Abu Dhabi Ports Group.
In a session titled ‘Industrial Opportunities: Building Resilience’, participants discussed the exceptional resilience of the UAE’s economy and supply chains.
Participants also said the oil and gas sector in the UAE has provided unparalleled opportunities for innovation in the field of clean energy, making the country a major driver of the global energy transition.
The session featured Tareq Abdul Rahim Al Hosani, CEO of Tawazun Economic Council, Faisal Al Bannai, executive chairman of the board of EDGE Group, Abdel Nasser Ibrahim bin Kalban, CEO of Emirates Global Aluminium, and Farhan Malik, CEO of Pure Health.
The third session, titled ‘Industrial Growth’, examined how leading national companies are boosting industrial growth and localising supply chains.
The session showcased current and future opportunities within the industrial sector.
Participants also debated how the energy sector, alongside other sectors, contributes to the UAE’s economic diversification, creating new opportunities.
Panelists also explored the ‘In-Country Value Program’s’ key role in bolstering industrial efforts and discussed steps the UAE has taken to enhance the adoption of technology across the sector.
Jasim Thabet, CEO and managing director of Abu Dhabi National Energy Company (TAQA) participated in the third session, along with Khaleefa Al Muhairi, Acting CEO of Ta’ziz, Adel Abdullah Al-Breiki, CEO of Aldar, and Abdel Moneim Al Kindi, director of exploration, development and production at ADNOC.
Entitled ‘Manufacturers’ Outlook’, the fourth and final panel witnessed a discussion between industry leaders on the UAE’s industrial expertise and its position as a hub for large global corporations, SMEs, and local companies.
During the session, attendees heard about manufacturers’ positive experiences in the country, especially regarding access to financing and important global markets.
Heads and senior executives of some of the leading national companies participated in the session.
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