The number of industrial establishments that entered into production in the Emirate of Abu Dhabi increased to 66 industrial establishments during the year 2019, a growth of 57%.
The number of industrial establishments that entered into production in the Emirate of Abu Dhabi increased to 66 industrial establishments during the year 2019, a growth of 57%.
The investment value of the new establishments amounted to 6.29 billion dirhams, compared to 42 establishments during the year 2018, according to the annual report on the movement of industrial activity in the Emirate of Abu Dhabi for the year 2019 issued by the Industrial Development Office of the Abu Dhabi Department of Economic Development. According to the report, which includes the most prominent statistics of the industrial licenses issued and the performance indicators of the industrial sector in the emirate for the past year, the total number of industrial licenses registered in Abu Dhabi until the end of 2019 reached 1552 licenses that included 811 licenses in the status of “production, 535 licenses in the status of“ under construction and 206 licenses for “industry pioneers”. ». Rashid Abdul Karim Al Balushi, Undersecretary of the Abu Dhabi Department of Economic Development, stressed the importance of the Industrial Development Bureau's role in providing a stimulating business environment, an incubator, and a positive and appropriate investment climate for the industrial sector in the emirate, by continuing to find appropriate solutions to the challenges of the industrial sector, by implementing strategic initiatives that support investors. Industrialists.
The positive impact and referred to the positive impact shown by the initiative to stimulate the industrial sector through electricity tariffs that were launched last year, the initiatives of the Abu Dhabi Development Accelerators Program "Tomorrow 21", in addition to a new initiative launched in February, which focuses on strengthening the private sector and increasing its contribution to the GDP. The total of the Emirate of Abu Dhabi, by strengthening the partnership with the public sector, adding that the distinguished efforts made by the Industrial Development Office during the past year clearly contributed to the increase in the growth rate of new industrial licenses in Abu Dhabi during the past three years, which reached 530% at the end of the year 2019 with about 139 licenses. , Compared to the 22 new licenses issued at the end of 2016.
Al Balushi stressed the department’s keenness to facilitate licensing procedures for industrial facilities, which would reflect positively on efforts aimed at attracting more foreign and local investments in the industrial sector, and thus doubling the number of new industrial licenses in Abu Dhabi, Al Ain and Al Dhafra, as 2019 witnessed a great demand for extracting New industrial licenses in the emirate. Al-Balushi said that the 2019 report of the industrial activity recorded a significant increase in the percentage of issuing licenses for "industry pioneers", which reached 11.20% compared to 2018, which reflects the interest of industrial investors in obtaining investment opportunities in the industrial sector in the Emirate of Abu Dhabi, at a time when the number of Industrial establishments went into production at a rate of 57.14% in 2019, compared to the statistics of the year 2018.
Strategic Objectives “These figures come to confirm the importance of the efforts and tireless efforts made by Abu Dhabi Economy in order to achieve its strategic objectives aimed at strengthening the directions of the Abu Dhabi government regarding sustainable economic development.
Economic diversification and support for the pivotal and strategic non-oil sectors, in line with the wise leadership’s directives and vision in developing and enhancing the emirate’s competitiveness, stressing the department’s keenness to continue its efforts to be a major supporter of the sustainable economic development process in a number of non-oil economic sectors. The report of the Industrial Development Bureau indicates that the rate of increase in the number of industrial licenses that were renewed for the status of "production" during the year 2019 amounted to 5.7, which amounted to 732 licenses, compared to about 696 licenses in the year 2018, while the cumulative rate of growth in the renewal of industrial licenses was in the status of "under construction," 009.53 since the beginning of the measurement in 2016. It achieved an increase in 2019 of up to 3.32% compared to 2018.
Supporting the industrial sector On his part, Muhammad Munif Al Mansouri, Executive Director of the Industrial Development Office of the Abu Dhabi Department of Economic Development, affirmed the office’s keenness to continue its efforts to support The industrial sector, as it is a strategic sector and a major driver of the local economy system in the Emirate of Abu Dhabi, pointing to the positive results of the report for the year 2019, which are a clear indication of the office's endeavors in order to achieve the vision of the Abu Dhabi government in supporting the productive and non-oil sectors. He touched on the remarkable growth recorded by the various performance indicators of the industrial sector during the year 2019, indicating that industrial licenses were based in their two states “under construction” and “production” in Abu Dhabi, at a rate of more than 74.6% of the total industrial licenses issued in the emirate, followed by the city of Al Ain, at a rate of 22.2. And the ditch area by 3.2. He added, “The Industrial Development Office was able to achieve its goals in encouraging local and foreign investors to start establishing and expanding their industrial projects within the emirate, through adopting the specific programs and initiatives launched and implemented by the department to support various industrial establishments and increase local non-oil products. In this context, in the annual report of the industrial activity in the Emirate of Abu Dhabi for the year 2019 issued by the Industrial Development Office, it was stated that, until the end of last year, the office had registered a total of 811 industrial licenses in a state of production, which were distributed among various industrial activities, where the construction and glass industries occupied the space. The largest of them, with a total of 170 properties, compared to 160 licenses for metal industries and 90 licenses for rubber, plastic and fiberglass industries. As for the licenses "under construction", the report indicated that 120 licenses were issued for construction and glass industries, 95 for metal industries, and 57 licenses for rubber, plastic and fiberglass industries, while the "Industry Pioneers" licenses ranged from 33 licenses for chemical industries activities.
And food industries, respectively, in addition to 32 licenses for the construction and glass industries, explaining that the industrial licenses in the Emirate of Abu Dhabi are concentrated on the construction and glass industries by 20.7%, and the metal industries 17.7%, followed by the rubber, plastic and fiberglass industries 10.6%. Transfer of licenses. Speaking of the indicator of the transformation of industrial licenses from the status of 'under construction' to 'production', the index shows the transformation of 66 industrial licenses during the year 2019, from the status of 'under construction' to 'production', recording a growth rate of 57.14% compared to 42 licenses that have been completed Transferring them to the state of production in 2018. As for the investment value of these licenses, for industrial facilities that entered into production, it amounted to 6.29 billion dirhams, the metal industries accounted for about 2.899 billion dirhams of their total value, and the wood and paper industries accounted for more than 1.4 billion dirhams. As for the renewed industrial licenses in the status of «production, the indicator proves that a growth rate has reached 2.66% compared to the statistics of 2018, as the number of renewed licenses during 2019 reached 732 persons, while the number of renewed production licenses in 2018 was limited to 713. On the other hand, the indicator of the number of renewed industrial licenses with a status of "under construction" confirms that 249 renewed licenses were issued with a status of "under construction" in 2019 compared to 241 privatizations in 2018, achieving a growth rate of 3.32%. 139 licenses worth 8.43 billion dirhams for "industry pioneers" The total number of new "industry pioneers" licenses issued by the Abu Dhabi Department of Economic Development in the year 2019 amounted to 139 licenses with an investment value of about 8.43 billion dirhams, the chemical industries accounted for more than 7.2 billion One dirham was one of them, while the investment value of the metal industries of the newly issued "Industry Pioneers" licenses was about 249.2 million dirhams. The report stated that the growth rate of effective industrial licenses in the emirate has increased since the beginning of the measurement in 2016, to 11.97%, while the licenses in the case of “production” recorded 52.26% of the total industrial licenses issued in the emirate until the end of 2019, which were divided as follows: 630 licenses In Abu Dhabi, they correspond to 159 licenses in Al Ain, and 22 licenses in the Al Dhafra region. As for licenses with a status of "under construction", they acquired 34.47 of the total industrial licenses issued until the end of 2019, distributed over 374 licenses in Abu Dhabi, 140 licenses in Al Ain, and 21 licenses in Al Dhafra region.