Dubai Industrial City signs key strategic partnerships

Dubai Industrial City signs key strategic partnerships

Dubai Industrial City, a member of TECOM Group PJSC, signed three major strategic partnerships with the Ministry of Industry and Advanced Technology (MoIAT), the Ministry of Climate Change and Environment (MOCCAE), the Emirates Development Bank (EDB) and Dubai’s Department of Economy and Tourism (DET), to stimulate growth in the UAE’s manufacturing industry with the aim to strengthen the UAE's position as a sustainable, attractive global industrial hub.

The signing ceremony at Jumeirah Emirates Towers in Dubai on 3rd May 2023 was attended by high-ranking officials and VVIPs including Omar Al Suwaidi, Undersecretary of the Ministry Industry and Advanced Technology; Eng. Mohammed Alameeri, Assistant Undersecretary for the Food Diversity Sector at the Ministry of Climate Change and Environment; Ahmed Al Naqbi, CEO of Emirates Development Bank; Hadi Badri, CEO of Dubai Economic Development Corporation – Dubai’s Department of Economy and Tourism; Abdulla Belhoul, Chief Executive Officer of TECOM Group; and Saud Abu Alshawareb, Executive Vice President of Industrial Leasing – TECOM Group.

The agreements are in line with the long-term goals of the Operation 300bn, ‘Make it in the Emirates’ the ‘National Food Security’ and the UAE Net Zero by 2050 strategies to develop the UAE industrial sector and raise its in-country value