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UAE committed to develop the national industrial ecosystem
04 Feb 2021 Sultan Al Jaber and other officials during the virtual meeting.
The Ministry of Industry and Advanced Technology (MoIAT) has launched the Future of Industry Dialogue initiative, a series of interactive meetings led by Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, with the representatives of leading industrial sectors in the UAE.
Reflecting the UAE’s commitment to developing the national industrial ecosystem, the initiative is part of MoIAT’s efforts to establish a new model of cooperation and build long-term partnerships between the government and the industrial sector. It focuses on identifying and mitigating sector-specific challenges and developing innovative laws, regulations and policies to drive sustainable industrial development with the aim of paving the way for the UAE to achieve its aspirations post-COVID-19.
Ministry of Industry & Advanced Technology launches ‘Future of Industry Dialogue’ reporters@khaleejtimes.com Filed on February 4, 2021
Heavy industries account for over 66 per cent of the industrial sector’s share of the UAE’s GDP
Dr Sultan Al Jaber holds first meeting with representatives of heavy industries
The Ministry of Industry and Advanced Technology (MoIAT) has launched the Future of Industry Dialogue initiative, a series of interactive meetings led by Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, with the representatives of leading industrial sectors in the UAE.
Reflecting the UAE’s commitment to developing the national industrial ecosystem, the initiative is part of MoIAT’s efforts to establish a new model of cooperation and build long-term partnerships between the government and the industrial sector. It focuses on identifying and mitigating sector-specific challenges and developing innovative laws, regulations and polic
The UAE, the third-largest oil producer within Opec, has a well-diversified industrial base, which accounts for 66 per cent of the country s gross domestic product.
In the first meeting, the ministry brought together various industrial entities in the UAE s economy, including Emirates Steel, Emirates Global Aluminium, Abu Dhabi Polymers Company (Borouge), National Petroleum Construction Company, Ras Al Khaimah Cement Company and Fujairah Building Industries.
The ministry also plans to use the platform to boost local, regional and global competitiveness of UAE products.
The initiative will help to identify and mitigate sector-specific challenges, developing laws, regulations and policies to drive sustainable industrial development in the wake of the pandemic. It is targeting a number of sectors including heavy industry, F&B production, pharmaceutical, healthcare and others.