The Department of Economic Development in Abu Dhabi revealed that, during the recent period, federal and local government bodies purchased a million muzzles produced by local small and medium-sized companies.
The Abu Dhabi Department of Economic Development stated that it recently initiated an initiative to support small and medium-sized companies, by introducing government agencies to the list of producing companies, and the most important products they produce, and their high quality, with a view to supporting private sector companies, and encouraging them to market their products to local and federal government agencies. Within the framework of supporting the local product in the emirate.
The department, on its social media platforms, pointed out that the initiative also aims to encourage government agencies to purchase national products, especially the protective supplies that aim to limit the spread of the emerging corona virus (COFED-19).
In turn, the owner of a small company working in manufacturing masks, Fatima Mohamed, said that the specifications approved by the Ministry of Health were followed to produce the masks, pointing out that the challenge in the market, currently, is the availability of raw materials for this industry, at a time when companies were able to overcome this challenge with the support of the government.
Mohamed stressed that national industries take their opportunity in the country during this period, and it is expected that there will be greater stimulus and production during the coming period. It is noteworthy that the importance of local products emerged strongly after the spread of the Corona virus, in light of the difficulties faced by imports from abroad, and the high price of shipping. And entrepreneurs called on citizens to support the activation of Federal Law No. 2 of 2014, on small and medium enterprises, which provides for granting Small and medium enterprises: 10% of government purchases.
According to the Ministry of Economy, SMEs are the main driver of the economy, especially since they represent more than 94% of the total number of companies operating in the country.