UAE Business: UAE’s ‘high-level competencies’ in priority industries lauded – Gulf Digital News

UAE Business: UAE’s ‘high-level competencies’ in priority industries lauded – Gulf Digital News

The Ministry of Industry and Advanced Technology (MoIAT) backs leveraging the competitive advantages of UAE to achieve growth in all sectors thereby pitching the country as a global destination for industries of the future.

“The UAE’s commitment to enhancing the ease of doing business by leveraging the competitive advantages of the country and lowering costs aims to empower the national industrial sector, attract industrial investment, and create commercially viable opportunities for national products.

“It also aligns with the National Strategy for Industry and Advanced Technology by boosting the contribution of the industrial sector to the national economy and increasing industrial exports, while also helping to boost National In-Country Value (ICV) by supporting local industries by redirecting higher portions of public spending into the national economy,” said Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, who has led a joint delegation by MoIAT and the Ministry of Defence (MoD) to the Tawazun Industrial Park and the Tawazun Economic Council (Tawazun), the integrated national centre for defence, security and aviation industries.

Dynamic role

Praising the commitment of government entities, large national companies, investors and manufacturers, including MoD, Dr Al Jaber commended the dynamic role played by Edge and Tawazun in meeting national