Minister Of Industry And Advanced Technology Underlines UAE's Attraction As Global Industrial Hub During Visit To KIZAD


(MENAFN- Mid-East.Info)

Minister highlights commitment to implementing strategy to support the growth of the UAE's industrial sector

Abu Dhabi, UAE: His Excellency Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, has underlined the UAE's emerging position and attraction as a global industrial hub during a visit to the Khalifa Industrial City (KIZAD), the largest industrial city in the Middle East. KIZAD is an integrated commercial, industrial and logistic center in Abu Dhabi, operating under the umbrella of the Economic Cities and Free Zones Sector of Abu Dhabi Ports Group and contributing to empowering the industrial sector by helping its products to access global markets comprising 4.5 billion consumers worldwide.

The visit is part of a series of tours by His Excellency to inspect the performance of industrial facilities in the country and to discuss ways to motivate investors to take advantage of the benefits offered by the UAE. The strategy includes an attractive business environment, providing a stimulating work system for establishing and developing industrial projects, and closer cooperation and exchange of experiences and dialogue with various parties to develop procedures and incentives related to the industrial sector.

His Excellency was briefed on the development and growth plans of industrial projects, the opportunities for expansion and regional and global competitiveness, and the advantages for companies situated in KIZAD. His Excellency was briefed on the efforts of The National Food Products Company, which is one of the largest companies in the region for the wholesale food trade and related logistics, along with the plans and operations of Al Tala Board Manufacturing Company, which operates the first factory of its kind in the world to produce high quality wood boards through recycling palm tree waste through innovative technologies.

His Excellency Dr. Sultan was accompanied by His Excellency Mohammed Ali Al Shurafa, Chairman of Abu Dhabi Department of Economic Development, His Excellency Omar Ahmed Suwain Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology, , His Excellency Osama Amir Fadhel, Assistant Undersecretary for the Industrial Accelerators Sector, and Her Excellency Farah Ali Al Zarooni, Acting Assistant Undersecretary for the Standards and Regulations Sector in the Ministry, Captain Mohamed Juma Al Shamsi, Managing Director and Group CEO of Abu Dhabi Ports, and a number of officials from KIZAD and companies operating there.

A global leader

His Excellency Dr. Sultan bin Ahmed Al Jaber said:“The Ministry's efforts and work focuses on implementing the directives of the UAE's leadership to enhance the role of the industrial sector in the growth of the national economy. Our strategy is based on creating value, innovation, sustainability and future foresight, and boosting competitiveness to establish the UAE as a global destination for industrial investments. Today we are witnessing living examples and major developments in Khalifa Industrial City (KIZAD) and its ability to attract quality industrial investments. KIZAD provides a supportive environment for global industrial projects, which is a major tool for growth, development and prosperity.”

His Excellency praised the vital role played by KIZAD as an integrated free zone for industry, commerce and logistics. It provides strategic access to regional and global markets with competitive operating costs and greater ease of doing business, providing a solid industrial base that attracts local and foreign investments.

His Excellency continued:“The Ministry of Industry and Advanced Technology is keen to follow up on all industrial projects and support their success and expansion, through communication with all relevant partners in the industrial sector to learn about their needs and requirements. We are working to stimulate national factories and industries through various initiatives and financing solutions that support growth, and we are continuing to develop procedures and review policies and the legislative and regulatory structure to stimulate the industrial sector to enhance its competitiveness.”

Innovative projects at KIZAD

H.E. Mohamed Ali Al Shorafa, Chairman of Abu Dhabi Department of Economic Development (ADDED) reiterated the commitment of Abu Dhabi to further develop the industrial sector to strengthen non-oil sectors in Abu Dhabi.

H.E. Mohamed Ali Al Shorafa said:“The Industrial sector is witnessing substantial shifts, particularly with manufacturing industries based on advanced technologies. Khalifa Industrial Zone (KIZAD) has been a major catalyst in developing projects that are adopting industry 4.0 applications and solutions. Strategically located near Khalifa Port, KIZAD provides unique solutions, reflecting Abu Dhabi's capability to attract investments and launch innovative projects with world-class services and products”.

National Food Products Company

The National Food Products Company (NFPC) is one of the most prominent companies in KIZAD. It employs more than 4,500 people in various locations throughout the country and the region and it exports to more than 40 markets in the Middle East, Africa and Asia, with a focus on GCC countries and with a total value of investments reaching AED1.1 billion.

Industries Expanding in KIZAD

Kifah Hussein, Operations Director of the National Food Products Company, gave an overview of the company, which is also one of the largest producers of processed food products and juices in the country, produced in a semi-automated, highly efficient factory.

The CEO Ali Bin Hamooda Aldhaheri said:“NFPC has been operating for decades and our activities have expanded significantly over the past few years, especially in KIZAD, which has provided us with logistical facilities, flexible spaces, land, energy solutions, and everything that our industry needs for growth and development. Our company and our facilities have met international standards, thanks to the national policies that supports industry. We highly appreciate the visit of His Excellency the Minister of Industry and Advanced Technology and his interest in learning about our projects and future growth plans in light of the successes we have achieved. We stress that the most important advantage that industries enjoy in the UAE is the ability to expand and grow rapidly in a short time due to the multiple advantages and opportunities offered that enhance our successes and the success of investors in the UAE.”

Innovative Industries in KIZAD

Al Tala Board Manufacturing Company is the first factory of its kind in the world to produce high quality wood boards by collecting the waste of palm trees and recycling them locally. The company uses innovative technologies to develop and manufacture these products after obtaining its first patent, allowing it to produce 115,000 cubic meters of wood boards annually. The factory extends over an area of more than 50,000 square meters.

Hatem Farah, Chairman of Al Tala Board Manufacturing Company, gave an overview of the company and its factory, which operates on an innovative and sustainable basis..

He said:“We started our activities through innovative technologies of our own and we succeeded in turning this project into one of the most important projects for recycling agricultural waste. We extend our thanks and appreciation to the UAE, represented by the Ministry of Industry and Advanced Technology and the government of Abu Dhabi, and all those in charge of KIZAD for the support and motivation we receive, which has led to the empowerment of this project thanks to the operational and competitive advantages provided by KIZAD.”

He added:“We highly appreciate the minister's visits, which motivate the private sector to achieve more success and enhance industrial activities in light of the support the UAE provides to industrial projects. We are optimistic about the various opportunities here that will enhance our business in the future.”

About the Ministry of Industry and Advanced Technology

The UAE's Ministry of Industry and Advanced Technology (MoIAT), established in July 2020, is mandated with strengthening the UAE's industrial sector, specifically by accelerating the adoption of advanced technologies and Fourth Industrial Revolution (4IR) solutions across the value chain.

MoIAT has three overarching goals: Strengthening the UAE's industrial base, ensuring in country value, and raising the competitiveness of local industries. By enhancing the contribution of advanced technology, the Ministry will support the country's sustainable economic growth, and ensure GDP contribution from the industry sector.

The Ministry will draft policies, laws and programs to create a world-class industrial development framework for the nation that will help attract foreign direct investment, boost In-Country Value creation, support national entrepreneurship, drive job creation, and boost exports of 'Made in UAE' products.

From encouraging the establishment of industrial complexes to raising local capacity in advanced technology, the Ministry will accelerate industrial development in a bid to drive economic growth, diversification, value retention and national self-reliance.

MENAFN03052022005446012082ID1104147803


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.