UAE industrial exports reach nearly Dh120 billion in 2021

The country’s export surge and the ICV program have helped it climb five places – from 35th to 30th – in the United Nations Industrial Development Organization’s Competitive Industrial Performance Index.

“As directed by the management, MoIAT has achieved several outstanding results in the year since its establishment, which have supported the growth of the UAE’s industrial sector by contributing to its capabilities, competitiveness and attractiveness,” said Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technologies.

“…In addition, 45 public entities and 13 major national institutions and companies have joined the national ICV program,” the minister added, which also contributed to the creation of 1,000 high-quality job opportunities for young people. and the setting up of training programs to improve their skills. Emiratis.

In addition, 300 new suppliers obtained the ICV certificate, bringing the total number of certified companies to 5,300.

For her part, Sarah Youssef Al Amiri, Minister of State for Advanced Technologies, said: “The ministry has also signed and activated 12 MoUs with leading local and international companies to establish the Champions 4.0 network and three MoUs with economic departments in Abu Dhabi, Dubai and Ajman to support the adoption of 4IR technologies.

“In addition, we entered into a strategic partnership with Siemens to support the digital transformation of the industrial sector, and signed a memorandum of understanding with Spain to strengthen cooperation in the field of science and technology.”

Over the past year, the ministry has signed memorandums of understanding with a number of international companies to promote the deployment of advanced technologies, as well as with the governments of Spain, France and Israel.

In partnership with the Emirates Development Bank, the ministry has launched a 5 billion dirham financing program for the next five years, to support projects aimed at accelerating the adoption of cutting-edge technologies. In 2021, 248 million dirhams were granted to finance such projects.

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