The program is witnessing an expansion with the inclusion of 45 federal government entities and 15 national companies
“Cyber Security” and “Masdar” join the “National Added Value Program”
The two memoranda of understanding were signed in the presence of Sultan Al Jaber.
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The UAE Government’s Cyber Security Council and the Abu Dhabi Future Energy Company “Masdar” have joined the National Added Value Program of the Ministry of Industry and Advanced Technology, as part of the ministry’s efforts to expand the implementation of the program at the federal level, as one of the pivotal programs within the “50 projects.”
Yesterday, two memoranda of understanding were signed between the Ministry, the Cyber Security Council and "Masdar" on the sidelines of the "Abu Dhabi Sustainability Week", in the presence of the Minister of Industry and Advanced Technology, Dr. Sultan bin Ahmed Al Jaber.
The National Added Value Program is one of the pillars of the national strategy for industry and advanced technology, and aims to support the national industry by redirecting the purchases of government and private bodies and institutions to the national economy, industry, and local suppliers who have obtained the program's certificate.
investment culture
The Chairman of the Cyber Security Council in the UAE government, Dr. Mohammed Hamad Al-Kuwaiti, stressed that the UAE, thanks to the wise directives of the leadership, has a strong technological infrastructure.
He said: "We seek, through cooperation with the Ministry of Industry and Advanced Technology, to enhance the culture of investment in the cybersecurity sector, data management, cloud computing, and all related sectors, by providing preferential advantages to major international companies by joining the National Added Value Program, and thus attracting them to invest and work in the country and achieve profits.”
The Kuwaiti noted the promising investment opportunities offered by the cybersecurity and data protection sector globally, with expectations of its continued growth during the next decade, which represents a promising investment opportunity for international companies, pointing out that the work environment in the UAE is the most ideal for these companies to expand and prosper. Companies from growing by joining the National Added Value Program, is a supportive step for expanding the scope of this industry in the UAE.
new opportunities
For his part, the Assistant Undersecretary for the Industrial Development Sector at the Ministry of Industry and Advanced Technology, Abdullah Al Shamsi, affirmed that the expansion of the implementation of the National Value Added Program in new qualitative sectors, such as the Cyber Security Council, will open new horizons for the cybersecurity sector, data, related sectors and cloud computing, in a way that It enhances the performance of this sector, and stimulates companies operating in the field of cybersecurity to obtain new growth opportunities by moving and working in the UAE market, calling on major companies around the world to seize this opportunity and join the National Added Value Program.
remarkable expansion
In the same context, the CEO of “Masdar”, Muhammad Jamil Al Ramahi, confirmed that “Masdar” is committed to supporting sustainable economic development efforts in the country by investing in technology and innovation, sponsoring local companies, and providing job opportunities related to the knowledge economy.
It is noteworthy that the National Added Value Program has witnessed a remarkable expansion since its launch in September last year, as part of the "50 projects", with 45 federal government entities joining the program, in addition to 15 national companies and entities in the country.
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