Today: 31 May 2025
19 April 2022
3 mins read

Al Jaber briefed on expansion plans for firms at ICAD

Dr. Al Jaber noted that the directives of the UAE’s leadership and its vision are the basis for enhancing the capabilities of the industrial sector…reports Asian Lite News

Dr. Al Jaber bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, visited the Industrial City of Abu Dhabi (ICAD), a major centre for industrial companies in the region that operates under the umbrella of the Abu Dhabi Ports Group (AD Ports Group).

Dr. Al Jaber was briefed on how IDAC provides investors with promising opportunities for growth and prosperity and is considered one of the most important industrial cities locally, regionally, and even globally.

He was accompanied by Mohamed Ali Al Shorafa, Chairman of Abu Dhabi Department of Economic Development; Omar Suwaina Al Suwaidi, Under-Secretary of the Ministry of Industry and Advanced Technology; and officials from a number of industrial companies in ICAD.

Dr. Al Jaber heard from some of these officials who spoke about strategies for improving the quality and efficiency of production, enhancing competitiveness, raising the contribution of the industrial sector and advanced technology to the national economy, and enhancing the UAE’s position in the global industrial sector.

During the visit, the Minister of Industry and Advanced Technology inaugurated a new production line for the Ajmal Steel Pipes Industry Company, and was also briefed on the efforts of Emirates Steel, which is the largest listed steel and building materials company in the country, as well as Gulf Fluor, which plays a major role in meeting the growing demand for aluminum fluoride in the region.

ALSO READ: UAE unveils sweeping visa reforms

Dr. Al Jaber highlighted the important role of ICAD, with its advanced infrastructure, integrated solutions, and the distinct capabilities that it provides to manufacturers, companies and investors in Abu Dhabi in a way that supports the growth of local industries and attracts foreign capital.

He noted that the directives of the UAE’s leadership and its vision are the basis for enhancing the capabilities of the industrial sector. The UAE has many competitive advantages, most notably its advanced infrastructure supported by advanced technology, which enhances the growth opportunities of industries, increases competitiveness and helps the country keep pace with the best international standards.

Dr. Al Jaber said, “We strive for fruitful dialogue with our partners in the industrial sector to strengthen cooperation and exchange experiences between the various stakeholders in the public and private sectors. Today, we have an advanced industrial strategy through which we aim to stimulate the capabilities and competitiveness of the sector and create an attractive business environment for local and international investors in the industrial sectors. We also aim to establish a stimulating ecosystem for small and medium enterprises, and work to develop procedures and incentives related to the industrial sector.ICAD is a prominent model that reflects the position of the UAE as an advanced incubator for the most important and promising industrial projects in the region. What we have witnessed today – highly efficient production lines and quality products capable of competing globally – confirms that the UAE is on the road to making the industrial sector one of the largest contributors to a sustainable knowledge-based economy supported by innovation and advanced technology.”

Dr. Al Jaber underscored that the Ministry of Industry and Advanced Technology seeks to promote the unique advantages and capabilities of the country to attract talent and entrepreneurs to stimulate the growth of the industrial sector. This is in compliance with its legislative and regulatory role aimed at providing a favorable business environment and one that attracts local and international investors in the industrial sector.

He said, “The Ministry is also working on providing financing solutions and incentives and promoting the adoption of innovation and Fourth Industrial Revolution technology to enhance the country’s reputation and position as a leading global hub for future industries.”

Previous Story

UAE sends 30 tons of food supplies to Afghanistan

Next Story

Dubai Chambers rebrands, unveils new corporate identity

Latest from -Top News

World needs Dubai’s ambition: Morgan

Piers Morgan has hailed Dubai’s transformation as an example of what visionary leadership can achieve. British broadcaster Piers Morgan has praised the extraordinary ambition and vision of His Highness Sheikh Mohammed bin

Mohammed honours football champions

Ruler of Dubai hails players as role models during palace reception His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai, received the

Abu Dhabi sets 2050 energy vision

Abu Dhabi unveils AED400 billion energy roadmap, inked climate finance pact ahead of 2026 UN Water Conference Abu Dhabi has unveiled a sweeping strategic framework to transform its energy and water sector

Gargash: UAE’s pragmatism sets regional example

Anwar Gargash says the UAE stands as a beacon of what is possible when pragmatism and vision come together. As political instability, economic fragmentation and rapid technological change continue to reshape the

US flag returns to Damascus

Billions in energy deals and lifted sanctions mark Syria’s reintegration, as US reopens embassy and declares the war-torn nation “open for business” under new regional partnerships. The United States has reopened its
Go toTop

Don't Miss

Ajman Free Zone launches ‘AI and Robotic Hub’

The free zone signed five Memoranda of Understanding (MoUs) with

Tourism Rebound: Sheikh Mohammed sets Dh450b target

UAE has set a target of reaching 40 million tourists