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ADNOC unveils AED 60 billion in new local manufacturing opportunities
🇦🇪 United Arab Emirates · Economy · 2 d ago
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25.10 07:55 UTC
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ADNOC reveals over AED60 billion in UAE manufacturing prospects
ADNOC, the Ministry of Industry and Advanced Technology (MoIAT) and the Abu Dhabi Investment Office (ADIO) will collaborate to connect local manufacturing opportunities with the support provided by these entities.
ADNOC today unveiled more than AED60 billion in local manufacturing opportunities through 2030 alongside a comprehensive transformation of its procurement, supplier registration and In-Country Value (ICV) frameworks, accelerating the conversion of its business growth into industrial investment, skil
Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, said: “ADNOC’s growth creates a powerful opportunity to deepen the UAE’s industrial strength.
Manufacturing them in the UAE shortens lead times, reduces exposure to global supply disruptions and strengthens the resilience of ADNOC’s operations.
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