Latest news with #AbuDhabiIndustrialStrategy
Mid East Info
a day ago
- Business
- Mid East Info
Abu Dhabi Chamber Launches Stakeholder Engagement Drive - Middle East Business News and Information
Outreach programme focuses on delivering tangible benefits to Abu Dhabi's private sector and enhancing competitiveness ADCCI signs Collaboration Agreement with JOCIC to expand UAE-China private sector collaboration, marking a new phase in strategic partnerships Abu Dhabi, July, 2025 – The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has launched a strategic stakeholder engagement programme to build and strengthen relationships with major economic partners in Abu Dhabi and globally. It is a long-term initiative, focusing on structured and proactive dialogue with strategic partners to enhance collaboration that delivers value for Abu Dhabi's private sector. As part of the launch, a Chamber delegation led by His Excellency Shamis Al Dhaheri, Second Vice Chairman and Managing Director of the Abu Dhabi Chamber, visited three major industrial hubs – Khalifa Economic Zones Abu Dhabi (KEZAD), Metal Park, and China-UAE Industrial Capacity Cooperation Demonstration Zone (JOCIC Park) – which are instrumental in advancing Abu Dhabi Industrial Strategy (ADIS) and serve as main gateways for foreign investment into the UAE. The visits ensure that major players in the industrial landscape receive the support and empowerment they need to thrive, as the industrial sector is a cornerstone of Abu Dhabi's economic diversification strategy, driving innovation and sustainable growth. During the tour, a Collaboration Agreement between ADCCI and the Jiangsu Provincial Overseas Cooperation and Investment Company Ltd. (JOCIC) was signed, showcasing the Chamber's commitment to expanding the scope and depth of Abu Dhabi's economic relations with China. The Collaboration Agreement aims to unlock new opportunities for private sector players in both markets and facilitate direct business collaboration, aligning with the Chamber's mission to provide support services, legal consultations, training, certification, and business matchmaking. By offering access to these resources and encouraging participation in investment events and economic forums, ADCCI ensures that local companies are well-positioned to form new partnerships and seize emerging market opportunities. H.E. Shamis Al Dhaheri emphasised that the strategic programme is focused on building high-impact partnerships that deliver long-term economic value. 'We greatly appreciate the contributions of KEZAD Group, Metal Park, and JOCIC Park to Abu Dhabi's industrial sector, which is one of the key drivers of our sustainable economic development. By collaborating with these entities, we intend to solidify Abu Dhabi's position as a gateway for cross-border investment and innovation, while supporting the competitiveness of Abu Dhabi's private sector,' he said. 'This approach puts businesses at the centre of our strategy, ensuring that every partnership creates real opportunities and supports our emirate's vision as a global hub for trade, innovation, and sustainable growth. The signing of the Collaboration Agreement with JOCIC is a direct result of this engagement programme, highlighting our commitment to promoting partnerships that advance Abu Dhabi's long-term development goals.' KEZAD Group, Metal Park and JOCIC Park are central to this strategy. KEZAD offers integrated trade, logistics, and industrial zones that attract international investors and support Abu Dhabi's growth as a regional hub. Metal Park, located within KEZAD, provides state-of-the-art industrial hub exclusively for the metal industry, downstream in the region hosting processing centres, fabrication centres, storage and more all under one roof. These developments make Abu Dhabi more attractive for industrial investment and support the emirate's economic diversification. Vahid Fouladkar, CEO of Metal Park, stated: 'Metal Park, as an exclusive infrastructure dedicated to the metal industry, is designed to unite all leading players under one roof to serve global markets from the UAE. Aligned with the 'Make it in the Emirates' initiative, our mission is to position the UAE not just as a logistics hub, but as the region's premier industrial hub – particularly for metals.' JOCIC Park has played an important role in attracting Chinese industrial investment to Abu Dhabi since its establishment in 2017. Situated in KEZAD, the company has developed a 2.2 square kilometer industrial hub, with an additional 10 square kilometer expansion underway, including an integrated accommodation for 3,000 workers. Until now, more than 40 Chinese companies have committed to operating within the zone, supported over USD 0.7 billion (AED 2.5 bn) in cumulative investment. UAE-China bilateral trade has grown from USD2 billion (AED 7.3 bn) in 2000 to USD102 billion (AED 374.3 bn) in 2024. China is among Abu Dhabi's top trading partners, and leading source of the emirate's imports in 2024, supported by increased infrastructure investments at Khalifa Port and KEZAD. The Collaboration Agreement highlights the growing momentum between Abu Dhabi and China, with UAE investments in China up 120% over two decades, and Chinese company registrations with the Chamber rising 69.4% in 2024. KEZAD, Metal Park, and JOCIC Park continue to anchor this collaboration, supporting the Chamber's long-term goal of shaping the future of global trade from Abu Dhabi. Through this collaboration, JOCIC Park and its clients will gain greater access to a wide range of Chamber services. JOCIC will also participate in Chamber-led investment events and economic forums, further strengthening its role in shaping bilateral engagement and industrial development. About Abu Dhabi Chamber of Commerce and Industry ADCCI The Abu Dhabi Chamber of Commerce & Industry (ADCCI) is a key enabler of private sector growth and competitiveness in Abu Dhabi. Working alongside the emirate's wider ecosystem, the Chamber connects businesses with government, amplifies the private sector's voice in shaping policy, and delivers tailored programs to help companies grow, diversify, and compete locally and globally. With a strategic focus on ease of doing business, innovation, market access, and skills development, ADCCI plays a vital role in advancing Abu Dhabi's vision for sustainable, inclusive, and future-driven economic progress. About JOCIC: Jiangsu Provincial Overseas Cooperation and Investment Company Ltd. (JOCIC) is the sole shareholder and investor of the China-UAE Industrial Capacity Cooperation Demonstration Zone in Abu Dhabi. JOCIC is responsible for attracting and supporting Chinese enterprises looking to expand operations internationally, particularly within the MENA region. Through its strategic projects in Abu Dhabi, JOCIC plays an essential role in enabling industrial collaboration and fostering mutually beneficial investment partnerships between China and UAE. About Metal Park: Metal Park, located within KEZAD – Abu Dhabi, is a state-of-the-art industrial hub dedicated exclusively to the downstream metal industry in the region. It brings together processing centres, fabrication units, storage solutions, and more – all under one roof. Spanning over 5 million square feet, the park is divided into two hubs – the Storage Hub in the Free Zone and the Production Hub in the Mainland – seamlessly connected by a private road with direct access to Khalifa Port, Etihad Rail, and major expressways. Metal Park redefines traditional industry limitations by offering an 'Asset as a Service' model with a pay-as-you-go structure, enabling unmatched flexibility and operational efficiency.
Gulf Today
a day ago
- Business
- Gulf Today
Abu Dhabi Chamber launches stakeholder engagement drive
The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has launched a strategic stakeholder engagement programme to build and strengthen relationships with major economic partners in Abu Dhabi and globally. It is a long-term initiative, focusing on structured and proactive dialogue with strategic partners to enhance collaboration that delivers value for Abu Dhabi's private sector. As part of the launch, a Chamber delegation led by Shamis Al Dhaheri, Second Vice Chairman and Managing Director of the Abu Dhabi Chamber, visited three major industrial hubs – Khalifa Economic Zones Abu Dhabi (KEZAD), Metal Park, and China-UAE Industrial Capacity Cooperation Demonstration Zone (JOCIC Park) – which are instrumental in advancing Abu Dhabi Industrial Strategy (ADIS) and serve as main gateways for foreign investment into the UAE. The visits ensure that major players in the industrial landscape receive the support and empowerment they need to thrive, as the industrial sector is a cornerstone of Abu Dhabi's economic diversification strategy, driving innovation and sustainable growth. During the tour, a Collaboration Agreement between ADCCI and the Jiangsu Provincial Overseas Cooperation and Investment Company Ltd. (JOCIC) was signed, showcasing the Chamber's commitment to expanding the scope and depth of Abu Dhabi's economic relations with China. The Collaboration Agreement aims to unlock new opportunities for private sector players in both markets and facilitate direct business collaboration, aligning with the Chamber's mission to provide support services, legal consultations, training, certification, and business matchmaking. By offering access to these resources and encouraging participation in investment events and economic forums, ADCCI ensures that local companies are well-positioned to form new partnerships and seize emerging market opportunities. Shamis Al Dhaheri emphasised that the strategic programme is focused on building high-impact partnerships that deliver long-term economic value. 'We greatly appreciate the contributions of KEZAD Group, Metal Park, and JOCIC Park to Abu Dhabi's industrial sector, which is one of the key drivers of our sustainable economic development. By collaborating with these entities, we intend to solidify Abu Dhabi's position as a gateway for cross-border investment and innovation, while supporting the competitiveness of Abu Dhabi's private sector,' he said. 'This approach puts businesses at the centre of our strategy, ensuring that every partnership creates real opportunities and supports our emirate's vision as a global hub for trade, innovation, and sustainable growth. The signing of the Collaboration Agreement with JOCIC is a direct result of this engagement programme, highlighting our commitment to promoting partnerships that advance Abu Dhabi's long-term development goals.' KEZAD Group, Metal Park and JOCIC Park are central to this strategy. KEZAD offers integrated trade, logistics, and industrial zones that attract international investors and support Abu Dhabi's growth as a regional hub. Metal Park, located within KEZAD, provides state-of-the-art industrial hub exclusively for the metal industry, downstream in the region hosting processing centres, fabrication centres, storage and more all under one roof. These developments make Abu Dhabi more attractive for industrial investment and support the emirate's economic diversification. Vahid Fouladkar, CEO of Metal Park, stated: 'Metal Park, as an exclusive infrastructure dedicated to the metal industry, is designed to unite all leading players under one roof to serve global markets from the UAE. Aligned with the 'Make it in the Emirates' initiative, our mission is to position the UAE not just as a logistics hub, but as the region's premier industrial hub – particularly for metals.' JOCIC Park has played an important role in attracting Chinese industrial investment to Abu Dhabi since its establishment in 2017. Situated in KEZAD, the company has developed a 2.2 square kilometer industrial hub, with an additional 10 square kilometer expansion underway, including an integrated accommodation for 3,000 workers. Until now, more than 40 Chinese companies have committed to operating within the zone, supported over $0.7 billion (Dhs2.5b) in cumulative investment. UAE-China bilateral trade has grown from $2 billion (Dhs7.3b) in 2000 to $102 billion (Dhs374.3b) in 2024. China is among Abu Dhabi's top trading partners, and leading source of the emirate's imports in 2024, supported by increased infrastructure investments at Khalifa Port and KEZAD. The Collaboration Agreement highlights the growing momentum between Abu Dhabi and China, with UAE investments in China up 120% over two decades, and Chinese company registrations with the Chamber rising 69.4% in 2024. KEZAD, Metal Park, and JOCIC Park continue to anchor this collaboration, supporting the Chamber's long-term goal of shaping the future of global trade from Abu Dhabi. Through this collaboration, JOCIC Park and its clients will gain greater access to a wide range of Chamber services. JOCIC will also participate in Chamber-led investment events and economic forums, further strengthening its role in shaping bilateral engagement and industrial development.
Al Etihad
a day ago
- Business
- Al Etihad
Abu Dhabi Chamber launches stakeholder engagement drive to boost industrial partnerships
1 July 2025 18:49 ABU DHABI (ALETIHAD)The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has launched a long-term stakeholder engagement initiative aimed at strengthening strategic partnerships across Abu Dhabi's industrial landscape and enhancing the competitiveness of the emirate's private by Shamis Al Dhaheri, Second Vice Chairman and Managing Director of ADCCI, a Chamber delegation visited three major industrial hubs — Khalifa Economic Zones Abu Dhabi (KEZAD), Metal Park, and the China-UAE Industrial Capacity Cooperation Demonstration Zone (JOCIC Park). These sites play a vital role in implementing the Abu Dhabi Industrial Strategy (ADIS) and serve as key entry points for foreign investment.A major highlight of the visit was the signing of a Collaboration Agreement between ADCCI and Jiangsu Provincial Overseas Cooperation and Investment Company Ltd. (JOCIC), which operates JOCIC Park. The agreement is designed to unlock new opportunities for businesses in both the UAE and China by enabling direct collaboration, business matchmaking, and access to legal consultations, training, certification, and investment events.'We greatly appreciate the contributions of KEZAD Group, Metal Park, and JOCIC Park to Abu Dhabi's industrial sector, which is one of the key drivers of our sustainable economic development,' said Shamis Al Dhaheri. 'By collaborating with these entities, we intend to solidify Abu Dhabi's position as a gateway for cross-border investment and innovation, while supporting the competitiveness of Abu Dhabi's private sector.'He added that the stakeholder programme puts businesses at the centre of ADCCI's strategy and aims to create 'real opportunities' that contribute to Abu Dhabi's vision as a global hub for trade and the visited sites, Metal Park stands out as a dedicated hub for the metal industry, bringing together processing, fabrication, and storage under one roof. 'Aligned with the 'Make it in the Emirates' initiative, our mission is to position the UAE not just as a logistics hub, but as the region's premier industrial hub – particularly for metals,' said Vahid Fouladkar, CEO of Metal Park, located within KEZAD, has been instrumental in attracting Chinese investment since its launch in 2017. The site currently hosts over 40 Chinese companies, having supported cumulative investments exceeding $0.7 billion (Dh2.5 billion). An additional 10 square kilometre expansion is underway, which will include integrated accommodation for 3,000 remains one of Abu Dhabi's most important trade partners. Bilateral trade surged from $2 billion (Dh7.3 billion) in 2000 to $102 billion (Dh374.3 billion) in 2024. UAE investments in China have grown 120% over the past two decades, while Chinese company registrations with ADCCI rose by 69.4% in Chamber said the Collaboration Agreement with JOCIC underscores this growing momentum. Through the agreement, JOCIC and its clients will gain access to a wide range of Chamber services and participate in ADCCI-led economic forums and investment events. KEZAD, Metal Park, and JOCIC Park will continue to anchor the Chamber's engagement programme as ADCCI works toward shaping the future of global trade from Abu Dhabi.
Al Etihad
29-05-2025
- Business
- Al Etihad
ADIO, Metal Park to establish Industry 4.0 Competence Centre in Abu Dhabi
29 May 2025 16:13 ABU DHABI (WAM) The Abu Dhabi Investment Office (ADIO), in partnership with Metal Park Investment ME Ltd, announced the establishment of a dedicated Industry 4.0 Competence Centre in Abu advanced technology hub will play a central role in accelerating the digitalisation of the metal manufacturing sector, supporting the emirate's ambition to lead globally in next-generation industrial centre reflects a shared commitment to enabling manufacturers with Industry 4.0 technologies, empowering businesses to thrive in an increasingly digital and data-driven industrial facility spans over five million square feet within Metal Park's purpose-built industrial zone in KEZAD, located approximately eight kilometres from Khalifa centre is exclusively tailored to the needs of the metal manufacturing value chain, offering specialised infrastructure and digital environments to enable rapid prototyping, pilot testing and scale-up for Industry 4.0 a gateway to Abu Dhabi's dynamic industrial ecosystem, the Competence Centre will provide a robust platform for the development, testing and scaling of technologies such as robotics, the Industrial Internet of Things (IIoT), predictive maintenance, digital twins, AI-enhanced production optimisation and autonomous centre will also serve as a centre of excellence for capacity building, equipping the workforce with the skills required to operate in a digitally-enabled industrial initiative aligns with the Abu Dhabi Industrial Strategy (ADIS), and the centre is poised to play a critical role in contributing directly to the strategy's objective of doubling the manufacturing sector's GDP contribution to Dh172 billion by Industry & Trade Officer at ADIO, Mohammad Al Kamali, said, 'Abu Dhabi is entering a new era of economic transformation where innovation, sustainability and advanced technology define our industrial future. This partnership with Metal Park exemplifies how ADIO empowers the private sector to scale globally competitive operations from Abu Dhabi.'Chairman of Metal Park, Saleh Shahrestani, added, 'The Competence Centre will be a cornerstone of technological progress in the regional metal industry. Together with ADIO, we are creating an enabling environment for industrial players of all sizes to develop, validate and implement cutting-edge solutions that augment Abu Dhabi's role as a leading global hub for advanced manufacturing.' Scheduled for completion in Q4 2025, the centre will support Abu Dhabi's transformation into a globally integrated, export-driven economy, offering investors direct access to strategic partnerships, world-class infrastructure and a progressive regulatory environment.
Mid East Info
27-05-2025
- Business
- Mid East Info
TAQA Distribution and EMSTEEL to Explore Utilities Framework and Solutions for Abu Dhabi's Future-Ready Industrial Sector
TAQA Distribution, a subsidiary of Abu Dhabi National Energy Company (TAQA), has signed a Memorandum of Understanding (MoU) with EMSTEEL Group, one of the largest publicly traded steel and building materials manufacturers in the region at the World Utilities Congress 2025 to explore the delivery of advanced, integrated utilities solutions across Abu Dhabi's growing industrial landscape. As part of the MoU, TAQA Distribution will explore customized, end-to-end power and water network management—including rapid integration with existing infrastructure, cost-efficient maintenance, and mobilization of ready-to-deploy technical teams. With a solid track record of low service interruptions, TAQA Distribution ensures reliable utility supply to customers operating in strategic sectors, supporting critical industrial continuity. The MoU was signed by Omar Al Hashmi, CEO of TAQA Distribution, and Eng. Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL, in the presence of senior officials and industry stakeholders. Omar Al Hashmi said: 'This partnership is yet another opportunity for us to support our partners in our core competencies of building up, operating and delivering scalable, high-reliability utilities infrastructure, by combining our proven operational excellence with EMSTEEL's industrial expertise, we're helping build the foundation for a more competitive, future-ready Abu Dhabi.' Eng. Saeed Ghumran Al Remeithi added: 'This collaboration supports our ambition to boost industrial resilience and efficiency. TAQA Distribution's reliability and technical depth make them an ideal partner as we expand operations and enhance service capabilities.' The MoU will see both parties explore joint opportunities in electricity and water network build and design, operations, and maintenance, further reinforcing the goals of the Abu Dhabi Industrial Strategy, which aims to inject AED 10 billion into the sector, double manufacturing output to AED 172 billion by 2031, create over 13,000 skilled jobs, and significantly increase non-oil exports. TAQA Distribution is building a growing portfolio of strategic alliances in which it can support in its core competencies including a recent partnership with Abu Dhabi Global Market (ADGM) to roll out a digital utilities billing solution for Al Maryah and Al Reem Islands. Through its TQD+ platform, TAQA Distribution continues to offer bespoke utility services to support the infrastructure demands of Abu Dhabi's rapidly evolving communities. About TAQA Distribution: TAQA Distribution is a subsidiary of Abu Dhabi National Energy Company (TAQA), responsible for the planning, operation, maintenance, and enhancement of electricity and water distribution networks. Serving 1.1 million end-user connections, the company delivers reliable, efficient, and sustainable utility services through an advanced and resilient infrastructure. With a strong focus on innovation, digital integration, and customer experience, TAQA Distribution plays a vital role in enabling smart energy solutions. The company is committed to supporting TAQA's broader vision of providing secure, clean, and affordable power and water, while contributing to the UAE's long-term sustainability goals. About EMSTEEL: EMSTEEL is a public joint stock company (ADX: EMSTEEL) and the UAE's largest steel and building materials manufacturer. The Group leverages cutting-edge technologies to supply both the local market and over 70 international markets with high-quality finished products, creating a one-stop shop for the manufacturing and construction sectors. EMSTEEL is committed to contributing to the UAE's industrial strategy 'Operation 300 billion' by delivering market-leading products to support local industries, creating job opportunities for UAE Nationals, and enhancing its sustainable practices. The Group is a global leader in low-carbon steel production and is aligned with the UAE's Net Zero by 2050 Strategic Initiative. Headquartered in Abu Dhabi, EMSTEEL operates 16 state-of-the-art plants, with a production capacity of 3.5 million tonnes of steel and 4.6 million tonnes of cement annually, fuelling the nation's most iconic projects. EMSTEEL is majority owned by ADQ, an active sovereign investor with a focus on critical infrastructure and supply chains.
