Industry Development Council meets to discuss enablers, incentives, technology transformation, and net zero

Industry Development Council meets to discuss enablers, incentives, technology transformation, and net zero

- Companies in the UAE encouraged to embrace technological growth, localization, sustainability, and innovation, as well as to participate in the Make it in the Emirates Awards

Abu Dhabi, UAE – The fourth meeting of the Industry Development Council (IDC) discussed key national developments in the fields of industry, manufacturing, technology and sustainability.

His Excellency Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Chairman of the Industry Development Council, presided over the meeting, during which the Ministry of Finance and Tawazun Council were welcomed as new members.

The IDC is dedicated to enhancing the performance and competitiveness of the industrial sector, and to offering quality enablers, incentives and policies to stimulate investment and contribute to national priorities, such as economic diversification and net zero.

During the virtual meeting, the council discussed measures to stimulate the industrial sector and examined the progress of important projects such as updates to legislation and regulation, the progress on the industrial census, and required policies in allowing factories to generate electricity from renewable energy sources in line with the UAE’s efforts to reduce emissions and reach net zero.

It explored the key enablers and incentives that support sustainable industrial development. The council also discussed the