MoIAT concludes participation in Adipec

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MoIAT to create an attractive business environment for industrial investors.

The Ministry of Industry and Advanced Technology (MoIAT) has concluded its participation in the Abu Dhabi International Petroleum Exhibition and Conference (Adipec 2022), which was held at the Abu Dhabi National Exhibition Center from Oct.31 to Nov.3.

MoIAT’s participation in the event was in line with the objectives of the national industrial strategy to create an attractive business environment for local and international industrial investors, support the growth of national industries, and enhance competitiveness.

The ministry’s participation also showcased the UAE’s competitive advantages to an international audience and introduced delegates to the investment opportunities, incentives and enablers available through the Make it in the Emirates campaign. Adipec also provided a platform to strengthen partnerships and collaborations between industrial companies from around the world.

During Adipec, MoIAT announced the launch of the first 13 of 1,000 technology projects that will be implemented under the recently announced Technology Transformation Programme.

These are the first wave of projects that will continue to be announced until the end of 2031.

The new projects are being executed by major national and international champions, such as Etisalat (e&), Cisco, PTC, Oryx Data, and One Moto.

The companies are proactively accelerating the pace of technological transformations across priority sectors, contributing to the development of a knowledge- and innovation-based economy. The program will attract major international companies to test innovations in the country’s supportive environment.

The ministry also hosted the Smart Manufacturing Strategic Conference on the sidelines of Adipec. The conference provided a platform for the manufacturing industry to foster discussions around industrial growth and to identify the challenges and opportunities for manufacturing.

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