After the announcement of the "300 billion project"

Industry in the UAE is entering a new phase of investment attraction locally and internationally

The state provides a vital model in various investments, including industrial investments.

From the source

The UAE economy is on the verge of a new phase, especially at the level of the industrial sector, a phase that opens new doors for domestic and international industrial investments, and leads to ensuring the strategic industrial security of the country on the one hand, and strengthening the elements of strength represented in innovation, advanced technology, and applications of the fourth industrial revolution on the other hand. .

This comes after the announcement of the "300 billion project", which will provide financial facilities and enablers that support investors and promote the expansion of industries.

The UAE provides a vital model, in the field of various investments, including industrial investments, which is an incubator environment for these investments, and attractive to new investments, especially since the UAE business environment has high standards and competitiveness in terms of transparency, rule of law, as well as the ability of the UAE economy to prosper with 21 integrated industrial free zones in the country.

Great motivation

The support provided by the UAE to the industrial sector represents a great incentive for local and foreign investors, especially in the areas of the fourth industrial revolution, advanced technology, technology and artificial intelligence industries, space industries, medical, clean and renewable energy, machinery and equipment, rubber and plastics, chemicals, oil industries, and industries. Heavy duty iron and aluminum, electronic and electrical appliances, pharmaceutical, food and beverage industries.

In addition to industrial sectors related to aviation, marine vessels, pharmaceutical industries, medical equipment, manufactured metals, and fast-moving consumer goods, all of which are viable areas for growth, development and investment, in light of an incubator and attractive environment for investments.

Technology

The UAE is one of the most prominent countries in the Middle East and the world, in its focus on technology-related industries, as His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched the UAE Strategy for the Fourth Industrial Revolution in September 2017, which aims to To enhance the UAE's position as a global center for the Fourth Industrial Revolution, and to contribute to achieving a competitive national economy based on knowledge, innovation and future technological applications that integrate physical, digital and vital technologies.

National Industry Strategy

The launch of the National Strategy for Industry and Advanced Technology “Operation 300Bn” comes as a comprehensive and integrated national program that aims to increase the contribution of the industrial sector to the country's domestic product from 133 billion dirhams to 300 billion dirhams by 2031, announcing a new phase in which the UAE targets industrial sectors of relevance A priority in order to develop it, by improving the legal and legislative structures, providing capabilities for investors, supporting the growth of national industries and enhancing their competitiveness.

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"300 billion project" provides financial facilities and enablers that support investors and boost the expansion of industries.

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