UAE leaders launch plan to boost industrial sector to Dh300bn

UAE leaders launch plan to boost industrial sector to Dh300bn

The UAE will increase manufacturing's contribution to the country's economic output to Dh300 billion over the next decade as it embarks on a national programme to boost local production and create world-beating light and heavy industries.

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, announced the launch of "Operation 300bn" on Monday.

"The UAE's Industrial Strategy brings together the private and public sectors to re-imagine the future of industries. It is a determination to build our nation's knowledge and expertise and forge