Since its launch last May, the “Made in the Emirates” mark has been awarded to over 1,330 national products.
This Make it in the Emirates initiative, aimed at boosting the competitiveness of Emirati products, was announced at the 3rd Make it in the Emirates Forum by Dr. Farah Al Zarooni, Assistant Under-Secretary for Standards and Regulations at the Ministry of Industry and Advanced Technology.
Dr. Al Zarooni highlighted that the mark, a national initiative by the Ministry, supports local products, with the food and beverage sector leading the way. “The quality mark for UAE-made products aims to increase consumer confidence in local products,” she added.
The third edition of Make it in the Emirates Forum, concluding today, started at the Abu Dhabi Energy Center on May 27, 2024. Organized by the Ministry of Industry and Advanced Technology (MoIAT) in collaboration with the Abu Dhabi Department of Economic Development (ADDED) and ADNOC, the forum serves as a platform for networking and knowledge exchange for the industrial community.
The event gathers decision-makers, government and private sector officials, experts, entrepreneurs, financiers, investors, startups, and SMEs. The main goal is to showcase investment opportunities within the local industrial sector.
Launched in 2022, the Make it in the Emirates Forum has become a significant industrial platform in the region. The inaugural event resulted in procurement opportunities worth $29 billion (AED 110 billion), covering 300 products across 11 sectors.
Economic Impact & Future Goals
Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry & Advanced Technology.
Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, stated that the Make it in the Emirates initiatives aim to increase the industrial sector’s contribution to GDP to over $81 billion (AED 300 billion) by 2031. By the end of 2023, the industrial sector’s contribution to GDP reached $53 billion (AED 197 billion), a 49 percent increase compared to 2020. UAE industrial exports rose to $50 billion (AED 187 billion), a 60 percent increase compared to 2020, with a 70 percent growth in flexible financing solutions for the industrial sector, reaching $1 billion (AED 6 billion) compared to 2022.
The Industrialists Exhibition, part of these initiatives, contributed to employing 505 citizens in its first edition and provided 885 job opportunities in its second edition, including 150 positions for people of determination. The goal is to create over 2,000 jobs by the end of this year.
