UAE to boost industrial sector with additional $6.3bn in financing – The National

UAE to boost industrial sector with additional $6.3bn in financing – The National

The UAE's industrial sector will receive an additional Dh23 billion ($6.3 billion) in funding, backed by major companies, as the country intensifies its plans to expand its domestic manufacturing capabilities and boost self-sufficiency.Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, said that the industrial sector is one of the main pillars of the national economy's progress and diversification, as he visited the third Make it in the Emirates forum in Abu Dhabi on Monday.“Our nation's skilled workforce and companies are now vying for success on both regional and global stages. This is a testament to the capabilities of our people and the high quality of our products,” he said, as quoted by state news agency Wam.Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, tours the Make it in the Emirates forum in Abu Dhabi. He is seen with Dr Sultan Al Jaber, Minister of Industry and Advanced Technology. Photo: Presidential CourtThe industrial sector's growth will be supported by funding from two of the UAE's major companies. Adnoc will contribute a further Dh20 billion while Pure Health, the largest healthcare group in the Emirates, will provide another