14th Nov, 2024

MoIAT concludes ADIPEC 2024 inviting investors to the Make it in the Emirates Forum 2025

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Abu Dhabi-UAE. 11 November 2024: The Ministry of Industry and Advanced Technology (MoIAT) concluded its participation in the 40th edition of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2024) with an invitation to investors and companies to participate in the fourth edition of the Make it in the Emirates Forum.

  • The Ministry focused on strategic partnerships and attracting investments to enhance the resilience and sustainability of supply chains and promote self-sufficiency.
  • MoIAT’s stand showcased national products enabled through the Make it in the Emirates initiative.
  • The Ministry presented procurement opportunities for more than 2,000 national products valued at over 143 billion AED.
  • The largest-ever edition of the Make it in the Emirates Forum takes place from 19-22 May 2025, highlighting 5,000 UAE-made products and a dedicated pavilion for Emirati handicrafts.
  • The Ministry’s Youth Council discussed the readiness of young professionals for transformations in the labor market, considering the advancements in artificial intelligence.
  • Discussion sessions focused on enhancing national products, supply chains, and opportunities for exporting Emirati products globally.
  • MoIAT signs MoUs with the University of Sharjah and Etihad Airways to enhance cooperation under the National In-Country Value Program.

Abu Dhabi-UAE. 11 November 2024: The Ministry of Industry and Advanced Technology (MoIAT) concluded its participation in the 40th edition of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2024) with an invitation to investors and companies to participate in the fourth edition of the Make it in the Emirates Forum.

Taking place at ADNEC in Abu Dhabi from 19-22 May 2025, the fourth Make it in the Emirates Forum will be the biggest-ever edition in terms of delegates, exhibitors, event space and announcements. It will showcase 5,000 locally manufactured products, including Emirati handicrafts, as well as offtakes opportunities under the In-Country Value (ICV) Program.

MoIAT leveraged ADIPEC to highlight the investment opportunities and competitive advantages linked to the UAE’s industrial sector under Make it in the Emirates initiative. With an emphasis on sustainable industrial growth, the ministry showcased its work to enable the adoption of advanced technologies that support sustainability, efficiency and competitiveness.

During the event, MoIAT organized several workshops, signed memoranda of understanding (MoUs), and formalized partnerships that support the National Strategy for Industry and Advanced Technology, Operation 300bn.

The ministry also highlighted initiatives designed to promote the adoption of Fourth Industrial Revolution (4IR) solutions and support local industries, including providing access to competitive financing and industrial offtakes valued at AED 143 billion from 12 strategic partners.

MoIAT representatives visited several national pavilions at ADIPEC, including those of India, China, Russia, the United States and France. During these visits, MoIAT officials engaged with local and international investors to explore potential industrial opportunities and facilitate access to new markets under the framework of Comprehensive Economic Partnership Agreements.

The ministry also hosted roundtable meetings with Indian and Chinese companies and investors, attended by local government entities, financing bodies, and manufacturers. These meetings were instrumental in exploring partnership opportunities and presenting the incentives and opportunities available in the UAE’s specialized industrial zones.

In the first roundtable with Indian investors, held in collaboration with the Indian Industry Association, His Excellency Omar Al Suwaidi, Undersecretary of MoIAT, welcomed. C.S. Raghavan, Chief Representative of the Confederation of the Indian Industry. In his keynote speech, he emphasized the competitive value of investing in the UAE’s industrial sector.

The Emirates Development Bank presented financial solutions available to the industrial sector in the country, while the Abu Dhabi Investment Office provided an overview of the investment environment in Abu Dhabi. They also discussed how exporters and UAE companies can be supported through the Etihad Credit Insurance. Furthermore, the session highlighted the incentives and enablers available in the UAE, presented by KIZAD, TECOM, Ta’ziz, RAKIZ, and ADNOC. A success story of an Indian company in the UAE was showcased, highlighting the opportunities and enablers available.

In a session with the Chinese delegation, HE Al Suwaidi welcomed Chen Xinrong, Chairman of the Chinese Business Council, investors, and participating companies. Government including Ministry of Investment, Abu Dhabi Investment Office, Emirates Development Bank, and others presented the opportunities, enablers, competitive financing and export solutions offered. Gao Fei, Deputy General Manager of PowerChina MENA, also presented a successful business case study from China.

Investors and companies from China and India were invited to participate in the 4th edition of the Make it in the Emirates 2025 Forum.

Partnerships

 

During ADIPEC 2024, MoIAT signed several MoUs, most notably with the University of Sharjah. This partnership aims to enhance collaboration under the ICV Program, aimed at helping Emirati students better understand 4IR solutions. This initiative will empower students to contribute to the growth of the UAE’s industrial sector and access new job opportunities through the Industrialists program, which matches jobseekers with industry roles.

The ministry also witnessed several announcements, including a purchase agreement between Emirates Global Aluminium (EGA) and Rollon Sales Middle East for the supply of mechanical seals for pumps, and another with Santoo Sealing for gaskets. Furthermore, agreements were signed between Etihad Airways and Vedvahan Trading for aluminum supply. A new manufacturing facility by Weld-on Chemical Group was also announced in KIZAD, featuring an investment of AED 7.3 million to produce chemicals for oil and gas drilling, wastewater treatment, coatings, and construction materials. Additionally, an MoU was signed between MoIAT and Etihad Airlines to offer special shipping rates and welcome miles onboard its flights for ICV-certified companies.

Youth Session

MoIAT’s Youth Council hosted a special session focused on the impact of artificial intelligence (AI) on employment, exploring both the key challenges and opportunities it presents. The session featured insightful contributions from Fatma Essa AlMehiri, Acting Director of the Technology Adoption and Development at MoIAT, Rui Bastos, Partner at Ernst & Yound Middle East, Dr. Nadya Ahmed Mohammed, Specialist, Digital Emerging Technologies at ADNOC, and Mohammed Yousef Al Hammadi, Special Project manager, Future foresight and creative lab at ADNOC. The session was moderated by Aliya Al Marzooqi, a member of the MoIAT’s Youth Council.

The discussion centered on the potential of AI to drive the creation of new jobs and industries, alongside strategies for UAE youth to prepare for shifts in the labor market resulting from AI advancements. Participants explored how AI can streamline tasks and improve overall job efficiency, emphasizing its role in enhancing human productivity.

MoIAT’s Platform at ADIPEC 

For the first time at ADIPEC 2024, MoIAT showcased products bearing the Made in the Emirates Mark. Developed by UAE-based industrial companies, these products highlight the quality, competitiveness, and sustainability of local manufacturers.