Dubai is a preferred destination for industrial investments

A number of experts and officials who recently participated in the “Make in the UAE” forum confirmed that Dubai is a preferred destination for industrial investments, as it provides an attractive environment for companies and factories, explaining that it has a strong infrastructure, especially in the industrial sector, in addition to flexible legislative and regulatory frameworks.

Saud Abu Al-Shawareb, Executive Vice President of TECOM Group – Industrial Sector, said: “The Emirate of Dubai is a preferred destination for investors and manufacturers from all over the world, thanks to its industrial system that supports business, its distinguished geographical location, and the flexible legislative and regulatory frameworks that enable local, regional and international companies to grow and expand their business to all markets of the world.

In exclusive statements to Al-Bayan, he said: “We provide in Dubai Industrial City an integrated industrial and logistical business environment through 6 specialized industrial zones supported by advanced infrastructure, in a strategic geographical location connected to a global transport network that includes land, sea and air transport services, which allow companies In various sizes, all the necessary ingredients for growth and prosperity ».

He added, “We are keen to continue our prominent role in supporting and growing the UAE industrial sector and promoting the Emirati product at the regional and international levels, in a way that establishes the position of the UAE and Dubai as a global center for manufacturing and logistics services, and a leading destination for investments, innovation and future industries.”

Gate

Najm Al-Awadi, Director of Procurement and Services Department at Emirates Global Aluminium, said in statements to Al-Bayan: “Dubai provides an attractive environment for industrial investments,” explaining that Dubai has a strategic location for industrial investment, and is considered a gateway to the region.

He pointed out that EGA is a supporter of the “Make in the UAE” forum and is a member of the National Value Added Program, as it gives priority to purchasing from local suppliers, and this process provides a competitive advantage on the commercial level, and encourages international suppliers to establish branches within the Emirates. With the government and stakeholders in order to further develop supply chains in the UAE. He explained that Emirates Global Aluminum is the largest industrial company in the UAE outside the oil and gas sector, as it produces one ton out of every 25 tons of global aluminum production.

He pointed out that the company plans to build an aluminum recycling facility with a production capacity of 150,000 tons annually, which will be the first and largest of its kind in the UAE, in an additional step towards promoting the “300 billion project” and the “National Added Value Program” and creating opportunities in the field of construction. By replacing some imported raw materials with recyclable ones.

shift

Eng. Anas Al-Jaidi, CEO of the Emirati MMEC Mannesmann Company, confirmed that Dubai in particular, and the UAE in general, is witnessing a quantum leap in attracting industrial investments.

He explained that MMEC provides its services in the field of contracting and advanced technology, explaining the provision of more incentives in the industrial sector in the industrial zones, especially the Emirate of Dubai, with the aim of supporting the national industry, indicating that his company has begun to establish a department specialized in the manufacture of building and contracting materials. Where the company signed an agreement to manufacture an environmentally friendly product for fixing sand.

He stated that the incentives that are provided to national companies enhance growth in the industrial sector, whether through the direction of current manufacturers to expand their business, or by encouraging more companies to invest in the industrial sector.

elevation

Anna Karen Rosen, General Manager of SABB in the UAE, said in exclusive statements to Al-Bayan: The UAE provides a stimulating and attractive environment for investments with its strong infrastructure, especially in the industrial sector in the various emirates of the country, noting that «SABB » A long partnership with the UAE began and took root through the company’s manufacturing and development center in Tawazun Industrial Park, with the aim of upgrading the defense and security sector in the UAE, in addition to strengthening supply chains.

She added that SABB, during the “Make in the UAE” forum, organized by the Ministry of Industry and Advanced Technology, reviewed the “DeployNet” mobile communications system, which works with fifth generation technology, and was developed in the UAE in cooperation with the Tawazun Council. She pointed out that the system works to protect sensitive civilian and military sites even in rugged environments, which reflects the UAE’s innovative capabilities in research and development, and confirms the expertise of our local talents.

Regarding SABB’s expansion plans in the UAE, Anna Karen Rosen confirmed that SABB has taken deliberate steps to expand in the country, noting that the company’s Emirati workforce has achieved exceptional growth since June 2020 of about 200%. She added that the development of Emirati talent is one of the company’s top priorities, as it contributes significantly to enhancing economic performance and strengthening local industries.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top