Sheikh Mansour Opens Fifth Edition of ‘Make it in the Emirates’
📋 Key Takeaway: Sheikh Mansour bin Zayed Al Nahyan inaugurated the fifth edition of ‘Make it in the Emirates’, emphasizing the UAE’s industrial growth and investment opportunities.
Inauguration of a Major Industrial Event
His Highness Sheikh Mansour bin Zayed Al Nahyan, the Vice President and Deputy Prime Minister of the UAE, inaugurated the fifth edition of ‘Make it in the Emirates’ on May 4, 2023. The event is being held at the Abu Dhabi National Exhibition Centre (ADNEC) and will run until May 7. Organized by the Ministry of Industry and Advanced Technology in collaboration with several key entities, including the Ministry of Culture and the Abu Dhabi Investment Office, the gathering aims to bolster the UAE’s position as a global industrial hub.
During his visit, Sheikh Mansour toured various pavilions, gaining insights into the latest initiatives and projects designed to enhance the industrial sector. The event is recognized as the largest industrial gathering in the region, bringing together senior government officials, private sector leaders, entrepreneurs, investors, and industry experts.
Strengthening Regional Cooperation
On the sidelines of the event, Sheikh Mansour met with Qais bin Mohammed Al Yousef, Chairman of the Public Authority for Special Economic Zones and Free Zones in Oman. Their discussions focused on enhancing cooperation between the two nations to serve mutual interests. Sheikh Mansour reiterated the importance of ‘Make it in the Emirates’ as a cornerstone of the UAE’s economic diversification strategy, contributing to the establishment of a sustainable industrial base.
Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, addressed attendees, highlighting the achievements under the National Strategy for Industry and Advanced Technology. The industrial sector’s contribution to the national economy has surged to AED 200 billion, marking a 70 percent increase since 2021. Additionally, industrial exports have reached AED 262 billion, including AED 92 billion in advanced industrial exports.
Focus on National Value Creation
Dr. Al Jaber emphasized the government’s commitment to national value creation, noting the recent ‘Make it with ADNOC’ forum, where ADNOC unveiled projects worth over AED 200 billion for the next two years. The Local+ initiative was also announced, which aims to connect Engineering, Procurement, and Construction (EPC) contractors with 70 qualified UAE manufacturers, prioritizing locally manufactured products to enhance the role of national industry.
The fifth edition of ‘Make it in the Emirates’ has attracted over 1,245 exhibiting companies from 12 industrial sectors, with small and medium-sized enterprises (SMEs) representing 61 percent of participants. The event is expected to draw more than 120,000 visitors, including international investors and industry leaders, further supporting local manufacturing and investment opportunities.
Frequently Asked Questions
What is ‘Make it in the Emirates’?
‘Make it in the Emirates’ is an industrial event aimed at promoting the UAE’s industrial sector and attracting investments.
When does the event take place?
The event runs from May 4 to May 7, 2023.
Who attended the opening ceremony?
Sheikh Mansour bin Zayed Al Nahyan, UAE Vice President, attended the opening.
What are the key goals of the event?
The event aims to strengthen the industrial sector, support local manufacturing, and foster regional cooperation.
How many companies are participating in the event?
Over 1,245 exhibiting companies are participating across 12 industrial sectors.
