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The UAE manufacturing sector benefits from favourable business conditions thanks to a number of factors driven by the leadership of the country.
Firstly, business-friendly regulations, a low tax environment and strong advantages for starting a business, have made the UAE an attractive destination for foreign direct investment (FDI). The country also offers a network of special economic zones with world-class facilities and services.
Secondly, the country offers very positive macro-economic conditions, ranking as top-performer worldwide in macro-economic stability in addition to being a beacon of stability and prosperity in the MENA region.
Thirdly, the manufacturing sector in the UAE has access to a strong talent pool thanks to the country’s ability to attract and retain high calibre professionals.
Finally, supporting all of these positive attributes is the world-class infrastructure the UAE offers, including transportation, reliable power and water supply, and strong ICT and technology infrastructure.
An initiative by the UAE Ministry of Energy & Industry and the UAE Industrial Coordination Council, ‘UAE Makes’ is a platform dedicated to showcasing the strength of the UAE’s manufacturing sector.
Aimed at investors, governments and the public, ‘UAE Makes’ demonstrates how unlocking the potential of the manufacturing sector is key to creating a diversified, knowledge-based economy primed for the future, in line with the Sustainable Development Goals (SDGs).
Thanks to a number of government initiatives, over the past 10 years the UAE has emerged as a regional and industrial power house. Now the country is prioritising the transition to digital manufacturing through the adoption of advanced technologies. These initiatives have made the UAE an important investment destination and a global hub for manufacturing and innovation.
‘UAE Makes’ was launched to coincide with the United Nations Industrial Development Organization (UNIDO) General Conference, held in Abu Dhabi from 3 - 7 November 2019.
With the emergence of the United Arab Emirates in 1971, in the first cabinet formation, the Ministry was established In 2004, the Ministry of Electricity and Water and the Ministry of Petroleum and Mineral Wealth were merged together to form “The Ministry of Energy”. In 2016, the water portfolio was transferred to the Ministry to achieve water security. Moreover, with the cabinet reshuffle in 2017, the industry portfolio was given to the Ministry to become the Ministry of Energy and Industry to ensure the organization, proposal of policies and the preparation of future strategies for the development of the industrial sector, aiming for the enhancement of the state’s efforts in the Fourth Industrial Revolution and to strengthen efforts to increase the local content in the industry.
Furthermore, in order to contribute to achieving the UAE 2021 vision, the Ministry endeavours to achieve the indicators of the national, competitive and strategic agenda to pioneer and ensure the UAE is among the best countries in the world.
In addition, the Ministry highlights the pivotal role played globally by the United Arab Emirates in the energy and industry sectors through developing policies, legislations and strategies in coordination with the relevant stakeholders to achieve security, sustainability and competitiveness. The Ministry also works on the development of roadmaps to ensure the implementation of the strategies and conducts specialized and innovative studies and research according to the best global practices.
Furthermore, the Ministry conducts surveys, develops databases and disseminates information and statistics on the relevant sectors.
The Industrial Coordination Council in the UAE was established by the UAE Cabinet Resolution No. (4/55/3) of 2016 to boost the industrial sector in the country. The Council was reconstituted by the Cabinet Resolution No. 9/15 for the year 2019 under the chairmanship of His Excellency the Minister of Energy and Industry.