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The UAE’s industrial ecosystem is conducive to growth as industrialists can easily access financial, advisory and technical support to establish and develop their businesses. The country is blessed with a diverse energy mix and competitive utility prices. Topping regional and global indices in logistics, transport and communications, its advanced infrastructure comprises of 10 civilian airports, 105 cargo companies, as well as 12 marine and commercial trading ports capable of handling more than 17 million tons and a cargo capacity of 80 million tons annually. The UAE also ranks highly in global indicators that measure economic performance and ease of doing business, in addition to enjoying a strong credit rating. The country’s legislative framework is considered the most advanced in the region and its strategic location makes it a global link. Five billion people live within an eight-hour flight from the UAE.

The UAE’s industrial ecosystem is conducive to growth as industrialists can easily access financial, advisory and technical support to establish and develop their businesses. The country is blessed with a diverse energy mix and competitive utility prices. Topping regional and global indices in logistics, transport and communications, its advanced infrastructure comprises of 10 civilian airports, 105 cargo companies, as well as 12 marine and commercial trading ports capable of handling more than 17 million tons and a cargo capacity of 80 million tons annually. The UAE also ranks highly in global indicators that measure economic performance and ease of doing business, in addition to enjoying a strong credit rating. The country’s legislative framework is considered the most advanced in the region and its strategic location makes it a global link. Five billion people live within an eight-hour flight from the UAE.

The Emirates Development Bank has many programs dedicated to all suppliers and manufacturers in the country, as part of its role as the financial engine of the UAE’s Industry and Advanced Technology Strategy. The provided packages of competitive services and products include direct and indirect financing operations, capital investments and bank guarantees, in addition to non-financial support, such as training and guidance and feasibility studies.

These incentives will be linked to the suppliers In-Country Value Certificate.

For more information, visit the bank’s website: https://www.edb.gov.ae/en/ministry-of-industry-and-technology

The National In-Country Value (ICV) Program is a UAE government program that aims to boost economic performance and support local industries by redirecting higher portions of public spending into the national economy.

Over the past three years, the program has achieved extraordinary results, re-injecting AED88 billion into the local economy and creating approximately 2,000 jobs for national talent. It has also helped stimulate economic activity and provided growth opportunities for local companies. To date, the number of approved suppliers in various sectors within the program has exceeded 5,000.

Our strategic partners are a cluster of government entities and leading national companies in diverse fields. These include all program implementers, such as the Abu Dhabi Department of Economic Development, represented by the Department of Government Support, which provides an umbrella for 62 local entities, as well as Abu Dhabi National Oil Company (ADNOC), Aldar Properties. A number of new partners is expected to join the program soon.

The UAE’s industrial ecosystem is conducive to growth as industrialists can easily access financial, advisory and technical support to establish and develop their businesses. The country is blessed with a diverse energy mix and competitive utility prices. Topping regional and global indices in logistics, transport and communications, its advanced infrastructure comprises of 10 civilian airports, 105 cargo companies, as well as 12 marine and commercial trading ports capable of handling more than 17 million tons and a cargo capacity of 80 million tons annually. The UAE also ranks highly in global indicators that measure economic performance and ease of doing business, in addition to enjoying a strong credit rating. The country’s legislative framework is considered the most advanced in the region and its strategic location makes it a global link. Five billion people live within an eight-hour flight from the UAE.

For strategic projects the Investment Office’s team helps guide investors in selecting the appropriate emirate and free zone for establishing business.

There are over twenty incubators and accelerators that operate across the UAE, driving entrepreneurship and providing services including mentorship, funding, networking, training and office space. Refer to MoIAT’s Industrial Investor Guide for more details.

The Partnerships and Investment Department It aims to help achieve the objectives of the national strategy for industry and advanced technology, especially at the level of:

• Stimulating foreign and local investments and creating opportunities that enhance the investment attractiveness of the industrial sector;
• Coordinatiing empowerment mechanisms between public and private sectors and potential and current investors;
• Developing the relationship between internal and external stakeholders to achieve strategic goals.

The Department manages an integrated database and information on government partners, and international stakeholders at the national and global level.

1. It provides a supportive environment that helps build strategic relationships with investors.
2. It develops effective communication platforms to enhance participation of stakeholders to stimulate business growth and provide the necessary facilities and incentives for the success of industrial projects in the UAE.
3. The Department also manages agreements, partnerships and MoUs concluded by the ministry at the national, regional, and international levels.
4. It supports negotiations and agreements between governments in the areas of the Fourth Industrial Revolution and coordinates between investment funds in the country and foreign companies to enhance opportunities for expansion and growth.
5. The Department aligns between investment and financing plans and national priorities in the industrial and advanced technology sector.
6. It also represents the country in regional and international organizations, exhibitions, and conferences, in coordination with the concerned government entities.