Make It In The Emirates Forum Draws Over 58,000 Visitors In Just Two Days

The 'Make it in the Emirates' forum has seen an impressive turnout, with over 58,000 visitors in just two days, surpassing initial expectations. Omar Al Suwaidi, Under-Secretary of the Ministry of Industry and Advanced Technology (MoIAT), shared that they anticipated 30,000 attendees over four days but are witnessing nearly that number daily. This surge highlights the UAE's growing industrial sector and its advanced standing globally.

Al Suwaidi emphasised the forum's success, noting the significant participation of 720 companies showcasing high-quality products. He stated, "The event is successful by every standard. The turnout is significant, and we anticipated this momentum, particularly given our efforts to attract as many national companies as possible." The platform not only displays a large number of products but also highlights their quality and innovation.

Since launching the UAE’s Industry and Advanced Technology Strategy, there has been a notable increase in nationally produced items. Al Suwaidi mentioned that they began with a few hundred products a few years ago. Now, there are 4,800 national products, with 3,800 featured at the forum for investment opportunities.

The forum also underscores broad financing solutions to bolster industrial growth. Partnerships with seven national banks have secured AED40 billion in funding over five years. Al Suwaidi noted that this financial backing empowers investors to expand within the national industrial sector.

Investment opportunities abound at the exhibition, where visitors can explore 3,800 national products. Specialised sessions provide insights into these opportunities. The ministry and its partners are dedicated to simplifying the investment process for interested parties.

Workforce Development Initiatives

A recruitment fair named "Manufacturers" was launched recently to integrate youth into the industrial sector. It offers 1,200 jobs through 100 participating companies. Al Suwaidi highlighted this initiative as part of the UAE’s commitment to developing its workforce in promising industries.

The focus on high-value products and advanced technologies like artificial intelligence is evident at the forum. This trend reflects in both company offerings and innovations on display. Al Suwaidi remarked on the real investment opportunities available at the event.

Support for Small and Medium Enterprises

New initiatives have been introduced to aid small and medium-sized enterprises (SMEs). Among them is the AED1 billion Emirates Growth Fund established with Emirates Development Bank. SMEs are considered vital to the country's industrial framework.

The forum's success illustrates a robust interest in UAE's industrial advancements. With numerous investment prospects and supportive initiatives for SMEs and workforce development, it marks a significant step forward for the nation's industry sector.

With inputs from WAM