Most notably, financing facilities, equipped industrial cities and the provision of land
Emirati Entrepreneurs: 12 applications to support the implementation of the new industrial strategy
The new industrial strategy contributes to a qualitative leap in the industrial sector in the country.
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Emirati entrepreneurs demanded the adoption of 12 demands, in order to support the implementation of the new industrial strategy of the state, announced the day before yesterday by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, explaining that the new strategy contributes to transforming the country into one One of the most important industrialized countries regionally and globally, and facilitating the country's entry into the era of advanced technological industries, and global competition in this field.
They explained, to "Emirates Today", that the most prominent of these demands are providing financing facilities for industrial companies owned by citizens to obtain artificial intelligence technologies, obtaining interest-free loans to establish industrial projects, providing industrial cities equipped with facilities, and facilitating the granting of lands to establish new industrial investments. And facilitate the purchase of the necessary industrial equipment in installments without interest, and the formation of a council that includes entrepreneurs, and is in constant contact with the government.
Financing facilities
In detail, the Emirati entrepreneur, CEO of "Tawafiq Metal Industries", Ghanem Khalifa Al Kaabi, asked for financing facilities for industrial companies owned by citizens to obtain artificial intelligence technologies, which are one of the main foundations of smart industries, and one of the most important requirements of future industries, on which they depend The new strategy.
Al-Kaabi explained that «the costs of artificial intelligence techniques are very high for entrepreneurs, and facilitating access to them helps citizen entrepreneurs to enter them into the industrial sector strongly, during the coming period, and enter the era of smart industries. It also contributes to limiting the use of labor and reducing its cost.
He also called for the provision of suitable industrial cities equipped with facilities, allowing entrepreneurs to practice their activities easily and easily, once they choose the appropriate building for industrial activity, calling for support for the control of factories and small industrial workshops, to verify that they meet the demands of high quality, to add to the reputation of the Emirates known internationally, as one of the Industrial quality centers in the world.
He suggested forming a council that includes entrepreneurs, and is in constant contact with the government, to benefit from their experiences, and at the same time present any problems or obstacles they face to quickly overcome them, noting that the new industrial strategy is praised by various manufacturers, because it greatly contributes to transforming the state into One of the most important industrialized countries regionally and globally, which supports the strength of the economy.
Entrepreneurs
Entrepreneur Mansour Ahli called for supporting citizen entrepreneurs in purchasing industrial equipment for their projects, through certified companies, which would sell them through interest-free installments, indicating that "purchasing equipment is extremely difficult for entrepreneurs, given the high cost."
My family also called for support for oversight over companies that bring in labor, as companies exaggerate the fees for bringing workers to companies, and deduct several months of the worker's income, and companies bring unskilled labor, and claim to be skilled, which disrupts work, given that the workers need long months to train and acquire skills .
He stressed the importance of having direct agreements with approved auto agencies, to facilitate the industrial companies' access to cars in installments, without interest, pointing out that banks impose difficult conditions in dealing with entrepreneurs, on top of which is the high interest in the purchase of equipment and cars, and the demand for a high minimum for pioneers Entry-level businesses, to open bank accounts, and banks deduct monthly amounts for non-renewal of commercial licenses, even though they are not a jurisdiction.
My family indicated that entrepreneurs have more than one successful company and cannot deal with banks because of these complications, indicating that the new industrial strategy contributes to a qualitative leap in the industrial sector in the country, and its entry into the era of strongly advanced technological industries, and competition with advanced countries in this field .
Businessman Hamad Al-Awadi called for a partnership between the public and private sectors to support the industrial strategy, so that there is no competition from government and private companies, but rather complementary relations and partnership between the two sides.
Al-Awadi also demanded that there is no change in energy policies, so as not to affect the industry and stabilize energy prices, with their full availability, and the existence of government support for manufacturers, represented in export incentives, financial incentives for exporters and soft loans with limited interest, with the establishment of an industrial bank that serves this sector.
He pointed out that the technical industries of the future are capital-intensive industries, and they need a long time to achieve profits, which necessitates their support, especially during the establishment period.
For his part, the Emirati entrepreneur, the owner of one of the factories operating in the food industry, Abdullah Al-Nuaimi, called for facilities in granting land to citizen entrepreneurs, to establish new industrial investments, and to grant facilities to finance the purchase of industrial equipment, especially since the prices of many of these equipment are high, given that To the difficulty of the conditions imposed by banks to grant industrial financing in general.
Industrial projects
For her part, the Emirati entrepreneur, Taghreed Al Mazmi, called for providing facilities for Emirati entrepreneurs to obtain interest-free loans to establish industrial projects, after a full study of the projects by the concerned party to verify the feasibility of the project, provided that entrepreneurs start paying loan installments after a period. From establishment, so that projects began to achieve profits, indicating that the first period is the most difficult in projects, and needs strong government support.
It called for the establishment of government laboratories related to testing new ideas and technologies, to be subsequently applied in innovative industrial projects, especially the medical and construction industries, which would support innovation in the industry.
Al-Mazmi explained that there is a need for business laws to be flexible and stimulate innovation and creativity, and for business licenses to be flexible and unrestricted, allowing entrepreneurs to enter new fields, especially in modern industries, to support the new industry strategy and the state's economy in this area.
The 12 demands
1- Financing facilities for companies to obtain artificial intelligence technologies.
2- Interest-free loans to establish industrial projects.
3- Industrial cities equipped with facilities.
4- Facilitating the granting of lands to establish new industrial investments.
5- Facilitating the purchase of the necessary industrial equipment in installments, without interest.
6- Supporting the control over companies that bring labor.
7- Establishing laboratories for testing new ideas and technologies.
8- Flexibility of laws related to business.
9- Flexibility of licenses and their coverage of more than one field, to allow entry to new fields.
10- Supporting the control of factories and small industrial workshops.
11- Direct agreements with approved auto agencies, to facilitate access
Companies get cars in installments and without interest.
12- Forming a council that includes entrepreneurs, to be in constant contact with the government.
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