UAE Business: Pure Health commits $2.72 bn to local procurement – Gulf Digital News

  • Date: 22-Jun-2022
  • Source: Gulf Digital News
  • Sector:Healthcare
  • Country:UAE
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UAE Business: Pure Health commits $2.72 bn to local procurement – Gulf Digital News

Pure Health, the UAE’s largest integrated healthcare group, has committed AED10 billion ($2.72 billion) over the next 10 years in local procurement as part of its decision to join the National In-Country Value Programme.

Pure Health has signed an agreement with the Ministry of Industry and Advanced Technology (MoIAT) to join the programme, one of the key pillars of the country's industrial strategy.

As part of the agreement, which supports the localisation of supply chains by redirecting higher portions of public spending into the local economy, Pure Health and MoIAT will collaborate on initiatives to stimulate local industrial content, capitalise on opportunities within the healthcare sector and conduct training programmes to upskill the national workforce.

Huge boost

The signing, on the second day of the Make it in the Emirates Forum, was witnessed by Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology. The agreement was signed by Omar Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology, and Farhan Malik, Managing Director of Pure Health Group.

The two-day forum, organised by MoIAT, in collaboration with the Abu Dhabi Department of Economic Development (Added), convenes major local and global industrial companies, government entities and financial institutions to discuss partnerships