Monday 8 August 2022

The MoU being signed

MoIAT in deal with AD Ports to boost industry competitiveness

ABU DHABI, June 22, 2022

The Ministry of Industry and Advanced Technology (MoIAT) and AD Ports Group will strive to boost the industrial sector’s competitiveness and promote its growth in line with the vision of the UAE’s leadership.
For this the two entities signed a Memorandum of Understanding (MoU) at the Make it in the Emirates Forum in Abu Dhabi. 
The signing ceremony was attended by Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, and Sarah Al Amiri, Minister of State for Public Education and Advanced Technology. The agreement was signed by Omar Al Suwaidi, Undersecretary of MoIAT, and Captain Mohamed Al Shamisi, AD Ports Group’s Managing Director and CEO.
Stimulating growth
The Make it in the Emirates Forum aims to stimulate the growth of national industries and provides a platform to discuss opportunities for partnership and cooperation in the industrial sector, while showcasing opportunities to localise products and redirect expenditure to the national economy. 
It highlights opportunities around the procurement plans of leading national companies, which have committed to acquiring hundreds of products from local suppliers, which in turn strengthens industry and contributes to the UAE’s transformation into an industrial hub.
The purchasing and manufacturing opportunities being showcased at the forum span several priority sectors. They include metals, petrochemicals, chemical industries, plastics, machinery and equipment, defence, pharmaceuticals, medical technology and equipment, communications and agritech.-- TradeArabia News Service


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