The Ministry of Industry and Advanced Technology (MoIAT) has extended an open invitation to global investors, urging them to seize the numerous business prospects available in the United Arab Emirates (UAE) at the upcoming second edition of the ‘Make it in the Emirates Forum’.
Osama Amir Fadl, Assistant Undersecretary for the Industrial Accelerators Sector at MoIAT, emphasized that the forum will serve as a platform to showcase exceptional opportunities, incentives, and facilitators for entrepreneurial ventures in the industrial sector. Furthermore, the event will introduce financing solutions designed to attract and support increased investments in the industry.
In a significant collaboration, the Ministry of Industry and Advanced Technology, Tawazun Council, and Emirates Global Aluminum Company have confirmed their participation in the ‘Make it in the Emirates Forum’ and the accompanying exhibition. These esteemed entities will unveil a host of exclusive opportunities and capabilities tailored to foster entrepreneurship within the industrial sector.
Fadl elaborated, “Our ministry is committed to offering investors a comprehensive array of incentives and enablers, with a primary focus on the National In-Country Value (ICV) Programme. This initiative not only encourages the procurement of national products but also ensures favorable conditions for industrial investments. Additionally, the Technology Transformation Programme, a core pillar of the Make it in the Emirates initiative, fosters business growth, facilitates the launch of new projects, and strengthens collaborations between local and international companies.”
The UAE’s industrial landscape is rapidly evolving, propelled by innovative policies and forward-thinking strategies that attract both local and international investors. The ‘Make it in the Emirates Forum’ serves as a vital platform for showcasing the country’s commitment to fostering entrepreneurship and facilitating a favorable business environment.
The forum will feature an extensive lineup of speakers, including industry leaders, government officials, and renowned experts who will provide valuable insights into the UAE’s industrial ecosystem. The event will also offer a unique opportunity for participants to network, forge strategic partnerships, and explore potential investment avenues.
One of the highlights of the forum will be the unveiling of the National In-Country Value (ICV) Programme, which serves as a catalyst for economic growth and sustainable development. The ICV Programme promotes the utilization of locally manufactured products and services, thereby enhancing the contribution of the industrial sector to the national economy. By encouraging the procurement of national products, the UAE aims to nurture a robust industrial ecosystem that thrives on innovation, efficiency, and global competitiveness.
Moreover, the Technology Transformation Programme, an integral component of the Make it in the Emirates initiative, focuses on technological advancements and the adoption of cutting-edge solutions within the industrial sector. By fostering innovation, the program aims to drive economic diversification, attract foreign direct investment, and position the UAE as a global hub for advanced industries.
The second ‘Make it in the Emirates Forum’ presents a unique opportunity for investors to explore the UAE’s industrial sector, gain insights into the country’s business-friendly policies, and discover the vast potential for growth and collaboration. With its strategic location, robust infrastructure, and supportive ecosystem, the UAE offers an ideal environment for businesses seeking to establish a strong presence in the region.
As the world continues to recover from the economic impact of the COVID-19 pandemic, the UAE remains steadfast in its commitment to economic resilience, sustainability, and innovation. The ‘Make it in the Emirates Forum’ exemplifies the country’s unwavering determination to attract global investments, promote entrepreneurship, and drive long-term economic growth.
In conclusion, the second edition of the ‘Make it in the Emirates Forum’ promises to be a significant milestone in the UAE’s industrial journey. By showcasing enticing opportunities, providing essential incentives, and facilitating partnerships, the forum aims to accelerate the country’s industrial transformation and reinforce its position as a preferred destination for global investors.
