ABU DHABI — In a significant development for Abu Dhabi’s industrial sector, eight transformative projects have been unveiled by the Abu Dhabi Investment Office (ADIO) and its partners. These projects, in collaboration with high-growth companies spanning various industries such as manufacturing, banking, oil and gas, pharmaceuticals, and healthcare, are set to propel the UAE capital’s manufacturing base to new heights.
As part of its commitment to supporting the industrial sector, ADIO also forged an agreement with Abu Dhabi Islamic Bank (ADIB) during the forum.
Abu Dhabi’s ambitious Industrial Strategy aims to double the sector’s GDP contribution by 2031, capitalizing on essential factors including robust infrastructure, competitive operational costs, business-friendly regulations, and access to financing.
The newly announced projects, led by Kezad Group, Infinity Green, Vitamol, ADAFZ, A2N Holdings, EMIC, Mark AB Capital Investment, SuperJet International, Oil Man, United Eastern Group, Orion Italy, and Petrona Gulf DWC, will accelerate the growth of Abu Dhabi’s manufacturing landscape.
Engineer Abdulla Abdul Aziz AlShamsi, Director General of ADIO, emphasized the UAE’s commitment to positioning advanced manufacturing at the core of its economy. He highlighted Abu Dhabi’s innovation ecosystem, well-established infrastructure, and unparalleled connectivity to markets across the Middle East, Europe, Asia, and Africa as key factors creating exceptional opportunities for investors.
“We extend a warm welcome to the latest group of industrial companies in Abu Dhabi and eagerly anticipate collaborating with our government partners to ensure their ongoing success in the UAE capital,” AlShamsi stated.
Omar Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology, praised the projects as significant milestones in the pursuit of sustainable industrial development, solidifying Abu Dhabi’s status as a manufacturing powerhouse. He credited the UAE’s strategic location and unique value proposition as magnets for industrial investment, offering unparalleled growth prospects. Al Suwaidi further expressed pride in the nation’s provision of state-of-the-art infrastructure and prioritization of key sectors and future industries.
The Memorandums of Understanding (MoUs) signed by ADIO during the forum will fuel the next phase of Abu Dhabi’s industrial sector growth.
A2N Holdings, a company headquartered in Abu Dhabi with substantial investments in the healthcare and distribution sectors, is embarking on an innovative endeavor to establish the UAE’s first fully integrated, state-of-the-art IV solutions manufacturing facility.
Emirates Investment Corporation (EMIC), a diversified investment company operating across sectors such as aviation, F&B, facility management, oil and gas, and retail, will establish a groundbreaking solar manufacturing facility in Mussafah. This facility will utilize cutting-edge automated technology for the production of solar products, from cells to panels.
Infinity Green, a subsidiary of India’s Sathi group, renowned for its green solutions, has signed an MoU with Kezad Group to establish the Gulf region’s first fully automated and integrated glass recycling plant.
Oil Man, a pioneering UAE-based company, has inked an MoU to establish a state-of-the-art facility for the design and manufacture of advanced drilling tools and pipeline repair equipment. This initiative underscores their role as technology owners and developers, contributing to the growth of the local industry.
Mark AB Capital Investment, a UAE-based private equity company, has partnered with SuperJet International (SJI), an Italian aviation firm, to support the development of the civil aviation industry in the UAE. The collaboration involves the establishment of a state-of-the-art facility in Al Ain.
Vitamol, a leading researcher and manufacturer specializing in high-quality functional powder products, will collaborate with Abu Dhabi Airports Free Zone (ADAFZ