UAE MoIAT, ADIO unite to boost support for industrial & technology sector

UAE MoIAT, ADIO unite to boost support for industrial & technology sector

UAE Ministry of Industry and Advanced Technology (MoIAT) has signed a Memorandum of Understanding (MoU) with the Abu Dhabi Investment Office (ADIO) to enhance the incentives and support available to companies in the emirate’s industrial and advanced technology sector.

The MoU, signed during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2022), is based on MoIAT’s strategic role in driving national industrial growth and contributing to national economic diversification.

The MoU aims to identify investment opportunities in industrial sector and advanced technology, in addition to providing qualitative incentives that contribute to Abu Dhabi’s position as a regional and global destination for industrial investment.

Dr. Sultan bin Ahmed Al Jaber

UAE Minister – Industry & Advanced Technology “The MoU with the Abu Dhabi Investment Office will undoubtedly have a positive impact on our industrial sector as well as our ability to provide the necessary capabilities for future industries. The MoU will also enhance our ability to attract local and foreign investments and create a business environment that supports investors and entrepreneurs in line with the Make it in the Emirates campaign. The MoU is in line with the plans and initiatives of the Ministry of Industry and Advanced Technology and supports its objectives to