The number of industrial establishments that entered into production in the Emirate of Abu Dhabi during 2019 recorded a growth rate of more than 57% with a total of 66 industrial establishments with an investment value of 6.29 billion dirhams compared to
The number of industrial establishments that entered into production in the Emirate of Abu Dhabi during 2019 recorded a growth rate of more than 57% with a total of 66 industrial establishments with an investment value of 6.29 billion dirhams compared to 42 establishments during the year 2018, the metal industries accounted for about 2.9 billion dirhams of the total The timber and paper industries acquired more than 1.4 billion dirhams from them, according to the annual report of the movement of industrial activity in the Emirate of Abu Dhabi for the year 2019 issued by the Industrial Development Office of the Department of Economic Development in Abu Dhabi.
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 1,552 licenses, including 811 licenses with a status of “production”, 535 licenses with a status of “under construction”, and 206 "Industry Pioneers" license. Rashid Abdul Karim Al Balushi, Undersecretary of the Department of Economic Development in Abu Dhabi, stressed the importance of the role of the Industrial Development Office in providing a stimulating and incubator business environment and a favorable and favorable investment climate for the industrial sector in the emirate, by continuing to find appropriate solutions to the industrial sector challenges by implementing strategic initiatives that support industrial investors.
Sector stimulus initiative, and in this regard, he referred to the positive impact shown by the initiative to stimulate the industrial sector through electricity tariffs that were launched last year within the initiatives of the Abu Dhabi Development Accelerators Program "Tomorrow 21", in addition to a new initiative that will be launched next February that focuses on strengthening the private sector and increasing its contribution. In the gross domestic product of the Emirate of Abu Dhabi by strengthening the partnership with the public sector.
He added that the distinguished efforts made by the Industrial Development Bureau 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 2019 with about 139 licenses compared to the number of new licenses issued at the end of 2016, which amounted to 22 licenses. . Rashid Abdul Karim Al Balushi affirmed the department’s keenness to facilitate licensing procedures for industrial establishments, 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 the year 2019 witnessed a great turnout for Issuing new industrial licenses in the emirate.
Rashid 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 to obtain investment opportunities in the industrial sector in the Emirate of Abu Dhabi at a time when the increase In it, the number of industrial establishments that entered into production increased by 57.14% in 2019 compared to the statistics of 2018. Vigorous efforts and efforts added, “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 direction of the Abu Dhabi government regarding Sustainable economic development, economic diversification, and support for pivotal and strategic non-oil sectors, in line with the wise leadership's directives and vision in developing and enhancing the emirate’s competitiveness. ”The report of the Industrial Development Office indicates that the rate of increase in the number of industrial licenses renewed for the status of" production "during the year 2019 reached 5.7, which amounted to 732 licenses, compared to about 696 licenses in 2018, while the cumulative growth rate of industrial license renewal in the status of «under construction» was 9,53% since the beginning of the measurement. Q in 2016, achieving an increase of 3.32% in 2019 only compared to 2018.
For his part, Muhammad Munif Al-Mansouri, Executive Director of the Industrial Development Office of the Department of Economic Development in Abu Dhabi, affirmed the office’s keenness to continue its efforts to support the industrial sector. A strategic sector and a major driver of the local economy system in the Emirate of Abu Dhabi, pointing to the positive results that drew the parameters of the report for the year 2019, which are a clear indication of the office's efforts to achieve the vision of the Abu Dhabi government in supporting the productive and non-oil sectors. 74.6 in Abu Dhabi City and touched on the remarkable growth recorded by the various industrial sector performance indicators during the year 2019, indicating that the industrial licenses are based in their two states “under construction” and “production” in Abu Dhabi city, at a rate of more than 74.6% of the total industrial licenses issued in the emirate. , Followed by Al Ain city by 22.2% and Al Dhafra region by 3.2. Under construction licenses As for the licenses "under construction", the report indicated that 120 licenses were issued for construction and glass industries activities, 95 licenses for metal industries, and 57 licenses for rubber, plastic and fiberglass industries, while the licenses for "Industry Pioneers" ranged from 33 licenses.
For chemical industries and food industries, respectively, in addition to 32 licenses for construction and glass industries, explaining that industrial licenses in the Emirate of Abu Dhabi focus on construction and glass industries by 20.7%, metal industries 17.7%, followed by rubber, plastic and fiberglass industries 10.6% . 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 by figure. Next, there are 630 licenses in Abu Dhabi, compared to 159 licenses in Al Ain, and 22 licenses in 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.
As for the number of "industry pioneers" licenses, they reached 206 licenses, accounting for 13.27% of the total licenses issued in the emirate. "Industry Pioneers" licenses According to the report, the total number of new "Industry Pioneers" licenses issued by the Abu Dhabi Department of Economic Development in the year 2019 was about 139 licenses, with an investment value of 8.43 billion dirhams. The chemical industries accounted for more than 7.2 billion. Of them, the investment value of the metallurgical industries of the newly issued "Industry Pioneers" licenses amounted to 249.2 million dirhams.
As for industrial licenses renewed in the status of "production", the indicator proves the achievement of a growth rate of 2.66% compared to the statistics of 2018, as the number of renewed licenses during 2019 reached 732, while the number of renewed production licenses in 2018 was limited to 713. license. 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 licenses in 2018, achieving a growth rate of 3.32%.