Video: UAE set for giant Dh300b industrial leap

  • Date: 22-Mar-2021
  • Source: Khaleej Times
  • Sector:Industrial
  • Country:UAE
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Video: UAE set for giant Dh300b industrial leap

The UAE on Monday unveiled an ambitious blueprint to position the economy as a global hub for future industries in 10 years.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, unveiled “Operation Dh300 billion” --- the futuristic industrial strategy seeking to position the nation among the most industrially advanced economies in the world.

The target of the landmark initiative is to boost industrial revenues by three-fold to Dh300 billion by 2031 from Dh133 billion at present.

Sheikh Mohammed, also launched a “Unified Industrial Brand Identity” under the slogan “Make it in the Emirates, and said the move signified “a giant leap for the UAE's industrial sector to become the main driving force of the national economy and lead the journey of our next 50 years with greater confidence and speed.”

As an extension of the UAE Nation Brand, the new campaign stems from a vision based on distinction, uniqueness and the efforts to build the credentials of UAE products by enhancing their quality and global competitiveness. Ultimately, every product made in UAE will comply with the highest international quality standards