8 new projects announced at ‘Make it in the Emirates’ to boost Abu Dhabi’s industrial sector

8 new projects announced at ‘Make it in the Emirates’ to boost Abu Dhabi’s industrial sector

ABU DHABI, 1st June, 2023 (WAM) -- Abu Dhabi’s industrial sector is set for a boost with eight new projects announced during the Make it in the Emirates Forum. The Abu Dhabi Investment Office (ADIO) and its partners signed MoU agreements with high-growth companies covering key areas, including manufacturing, banking, oil & gas, pharmaceuticals, and healthcare that will accelerate the growth of the UAE capital’s manufacturing base. During the Forum, ADIO also signed an agreement with Abu Dhabi Islamic Bank (ADIB) to support the industrial sector.

Abu Dhabi’s ambitious Industrial Strategy aims to double the sector’s GDP contribution by 2031, leveraging strong enablers such as infrastructure, competitive operational costs, business-enabling regulations and access to financing. The projects announced by KEZAD Group, Infinity Green, Vitamol, ADAFZ, A2N Holdings, EMIC, Mark AB Capital Investment, SuperJet International, Oil Man, United Eastern Group, Orion Italy and Petrona Gulf DWC will significantly bolster Abu Dhabi’s industrial ecosystem.

Eng. Abdulla Abdul Aziz AlShamsi, Director General of ADIO, said: “The UAE continues to power ahead with its strategy to place advanced manufacturing at the heart of the economy. Within Abu Dhabi, the emirate’s innovation ecosystem, established infrastructure and exceptional connectivity to markets in the Middle East, Europe, Asia and