Abu Dhabi Economy is implementing a basic industries project to achieve self-sufficiency

Abu Dhabi Economy is implementing a basic industries project to achieve self-sufficiency

20 Jul 2020
Industrial Development Bureau, DED - Abu Dhabi

The Abu Dhabi Department of Economic Development is implementing a basic industries project, which aims to identify areas of domestic industrial investment at the level of the Emirate of Abu Dhabi and limit them to four main sectors, namely the food and medical industries, support for energy production and other important industries such as iron, aluminum and cement, in order to achieve self-sufficiency for the emirate of basic commodities And the most consumed at the local level. The Industrial Development Bureau of the department identified a number of existing investment fields that will be developed in addition to attracting new investment fields within the four industrial sectors targeted by the project .. 8 new investment fields for the food industries have been identified in addition to developing 9 investment fields for existing industries and 14 new investment areas for industries. In addition to developing 9 areas for existing industries and 4 new investment fields for industries supporting the production of energy, and developing 7 fields for existing industries. His Excellency Muhammad Ali Al-Shurafa, Head of the Department, said that this project, which is implemented by the Department's Industrial Development Office in cooperation with its strategic partners, is a translation of the vision of the leadership and government of the Emirate of Abu Dhabi aimed at achieving self-sufficiency in the local economic system of the emirate by focusing on key industries, empowering them, enhancing their competitiveness and achieving sufficiency. Self in the food, medicine, energy and bio industries. His Excellency stressed that the importance of this project lies in translating its objectives to the directives of the Abu Dhabi government by enabling the main industries to provide the local market with a high-quality, competitive national product, which will receive great support from government and semi-government agencies. He pointed out that the Abu Dhabi Local Content Program is one of the pillars of this project as it relies on 3 main axes that translate its objectives, which are increasing local purchases, increasing localization in the private sector, and strengthening the local supply chain. His Excellency added that we discussed the integrated work plan for the project with the strategic partners in line with the strategic directions of each party, and in a way that contributes to providing basic industrial products within the local markets, in addition to creating a new mechanism for developing existing local industries and giving them the required priority in the procurement ladder, by offering programs. And that would enhance the competitiveness of these products, develop quality standards and raise them to the highest levels. He explained that the Industrial Development Office started its meetings with a number of government agencies to implement the project, most notably the Health and Energy Departments, Abu Dhabi Agriculture and Food Safety Authority, Abu Dhabi Investment Office, Industries Company, Emirates Global Aluminum Company and other strategic partners. His Excellency said, "We are working to continue our efforts and intensify coordination between the Industrial Development Office and the Abu Dhabi Investment Office of the department to study various possible investment fields and develop the existing basic industries, including the food and medical industries, explaining that the number of factories in the food field today stands at 62 in the Emirate of Abu Dhabi and in the field of medical industries 13. His Excellency Muhammad Ali Al-Shurafa praised the role of the strategic partners of the Industrial Development Office in supporting the efforts of the Department in implementing the new project, which contributes to strengthening the industrial infrastructure in the Emirate of Abu Dhabi and encouraging basic industries in Abu Dhabi to increase investments in this sector as it is one of the most vital sectors, affirming that the department will continue to strengthen Its efforts to implement this project and achieve its objectives in achieving sustainable self-sufficiency in the Emirate of Abu Dhabi.

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