THE Abu Dhabi Department of Economic Development's (ADDED) Industrial Development Bureau has announced the implementation of the first phase of its 'e-connection' project in partnership with local and federal entities to facilitate the issuance of industrial licences in Abu Dhabi.
THE Abu Dhabi Department of Economic Development's (ADDED) Industrial Development Bureau has announced the implementation of the first phase of its 'e-connection' project in partnership with local and federal entities to facilitate the issuance of industrial licences in Abu Dhabi.
The first phase is being launched with the Ministry of Economy. Humaid bin Butti Al Muhairi, Assistant Under-secretary for Commercial Affairs at the Ministry of Economy (MoE) said the e-connection initiative between the MoE and ADDED is a significant move towards strengthening the integration of roles between local and federal entities, with the ultimate goal of enhancing the UAE's business environment and support companies operating in various sectors including the industrial sector, said a report by Warn news agency. Al Muhairi highlighted that the initiative facilitates the administrative processes which industrial companies need to fulfil to operate in Abu Dhabi.
It further raises the standard of services to the company owners as they can finalise licensing procedures under a one-stop-shop platform providing automated electronic service. The MoE was one of the first federal entities to support the initiative which would facilitate the licensing applications particularly the publishing of official documents and payment of the social responsibility fees required from the private sector, he added.
Al Muhairi further noted that such initiatives implemented through the improvement of laws and procedures for business owners, apart from the advanced infrastructure and a variety of investment incentives provided to investors, contribute to enhancing Abu Dhabi's position as a leading destination for doing business in vital sectors such as industrial businesses. This latest move is consistent with the objectives of the UAE Vision 2021 to enhance the country's competitiveness and support to highvalue industries.