Ministry of Industry and Advanced Technology highlights achievements of 2022

  • Date: 08-Feb-2023
  • Source: Emirates News Agency
  • Sector:Industrial
  • Country:UAE
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Ministry of Industry and Advanced Technology highlights achievements of 2022

ABU DHABI, 8th February, 2023 (WAM) -- The Ministry of Industry and Advanced Technology (MoIAT) issued its annual achievements report today, outlining its key outcomes and milestones in 2022. The report has highlighted the ministry's successful efforts in developing the industrial sector, increasing its contribution to national GDP, creating an attractive business environment for local and foreign industrial investments, and stimulating innovation and the adoption of advanced technology in industrial solutions.

The annual report showcases the progress of the national strategy for industry and advanced technology, Operation 300bn, which was launched in 2021 and aims to transform the UAE into a global manufacturing hub. Through joining forces with local and federal entities under the umbrella of the Industry Development Council, the National Committee for the In-Country Value (ICV) Programme, the Steering Committee for Standardisation and Metrology, and the private sector, MoIAT has worked to enhance the UAE’s economic resilience, as well as empower national industries and enhance the competitiveness of their products.

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, commented, “Launching several programmes and strategies in 2022, MoIAT has made impressive achievements that support the UAE’s industrial growth. The industrial sector’s enhanced efficiency and competitiveness have increased