Over AED204 Billion of Investments Generated By Plastics Industry in Abu DhabiSource: www.export-egypt.com 8/1/2017, Location: Middle East |
|
|
|
|
|
In excess of AED204 billion of investments are generated by 201 plastics plants operating in Abu Dhabi, according to the Industry Development Bureau of the Abu Dhabi Department of Economic Development.
The revelation came during a workshop organised by the bureau as part of the ADDED's 'Industry Dialogue' initiative, aimed at bolstering an investment-conducive environment at the industrial sector and cementing channels of communications between manufacturers. "Among its multifaceted strategic objectives, Abu Dhabi Economic Vision 2030 lays a special focus on non-oil sectors as part of the economic diversification programme which is premised to ensure a sustainable development drive, the mainstay of which is the industrial sector," said Khalifa Bin Salim Al Mansouri, ADDED Acting Undner-Secretary. "The Industrial Dialogue initiative fits within the Industrial Development Bureau’s role to chart a strategic path for the industrial sector by empowering and engaging different official and semi-official departments along with private sectors companies to contribute to enhancing the emirate’s competitiveness and boost its Gross Domestic Product," he added. Increasing the emirate’s GDP and enhancing the efficiency and added-value of processing industries while ensuring a business-friendly, innovation-based environment and protecting patent rights are on top of the Bureau’s priorities, he maintained. In order for these objectives to gain traction, the ADDED spares no effort to enhance direct channels of communications between owners of industrial facilities in order for them to keep abreast of the challenges besetting the industry and help them develop efficient solutions thereto, Al Mansouri noted. He singled out the plastics industry as one of the main industrial platforms in the emirate which stands on the same footing of importance with other heavy industries, including steel, aluminum and petrochemicals. The workshop occasioned a review of plastic products manufacturers’ opinions and suggestions to develop the industry in the best possible way before referring them to the ADDED management for review and possible implementation. |
|
|
Financials and Investment News in United Arab Emirates >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| United Arab Emirates Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | |
