Friday 1 December 2023

MoIAT to showcase new investment opportunities at Adipec

ABU DHABI, September 30, 2023

The Ministry of Industry and Advanced Technology (MoIAT) is set to showcase a range of new incentives at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) 2023, which kicks off on October 2 and runs for the next two days in the UAE capital.
The world’s largest energy exhibition, Adipec 2023, will bring together major local and international industrial companies to enhance opportunities for growth through the adoption of advanced technologies and 4IR solutions. 
The conference promotes sustainable consumption and production best practices to accelerate the sector’s low-carbon transition. 
In line with the Make it in the Emirates initiative, the ministry will host the ‘Manufacturing and Industrialization Strategic Conference’.
During the three-day event, MoIAT will showcase the competitive advantages of the UAE’s industrial sector, including investment opportunities, as well as incentives and enablers under the Make it in the Emirates initiative.
The ministry will announce incentives linked to the Industrial Technology Transformation Index (ITTI), including Golden Visa opportunities, in addition to free-of-charge ITTI assessments by the Abu Dhabi Department of Economic Development (ADDED) and in partnership with Maxbyte and Schneider Elecrtic. 
It will also introduce the Green ICV under the National In-Country (ICV) Program to enhance the competitiveness and sustainability of companies.
MoIAT’s participation aligns with the objectives of the National Strategy for Industry and Advanced Technology, Operation 300bn, to increase the contribution the industrial sector makes to GDP. 
The strategy also aims to create an attractive business environment for local and international investors, support the growth of UAE industries and drive technological transformation.
At the event, the ministry will contribute to Adipec’s theme, ‘Decarbonising. Faster. Together’, by promoting the adoption of advanced technology as well as sustainability practices in the sector as the UAE prepares to host the global climate conference.
The ministry will host panel discussions on leveraging advanced technologies to build the industries of the future, the Make it in the Emirates initiative, as well as a roundtable for UAE Climate Tech Forum chief technology officers.
Omar Al Suwaidi, Undersecretary of MoIAT, will deliver a keynote speech on enhancing the role of the industrial sector in achieving sustainable development. He will also participate in a session on Make it in the Emirates initiative, a local blueprint for empowering global economies.
Representatives from the ministry will participate in a panel discussion on leadership perspectives on industrial policy and the synergy between the public and private sectors. 
Abdulla Al Shamsi, Assistant Undersecretary for the Industrial Growth Sector at MoIAT will be at the event, while Dr Farah Al Zarooni, Assistant Undersecretary for the Standards and Regulations Sector will be part of a session called the Circular Transformation Of Industries: A Systemic Approach.
The ministry will also participate in in a youth session on the Industrialist Program and conduct a presentation on the National ICV Program.
As part of its participation at Adipec, MoIAT is set to announce a 4 training programs under the  ‘Industrialists Program’ in the fields of safety and security; food and beverage; oil and gas, and metals and paper.
This year's Adipec will see the participation of more than 2,200 companies, including 54 of major local and international energy players, in addition to 30 pavilions..-TradeArabia News Service 


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