The Abu Dhabi Department of Economic Development has created two programmes to assist small and medium-sized businesses in achieving the goals of the emirate's industrial plan.In order to create a creative and sustainable ecosystem, the department established the Smart Manufacturing Competence Centre, which will serve as a catalyst for regional and international industry stakeholders.
Additionally, the Smart Manufacturing Incentive Programme was introduced. It intends to support SMEs in the manufacturing industry as they transition to smart manufacturing.Industry 4.0, Circular Economy, Talent Development, Ecosystem Enablement, Homegrown Supply Chain, and Value Chain Development are the six transformative programmes of the Abu Dhabi Industrial Strategy that will be implemented through this programme.
By 2031, Abu Dhabi hopes to double the size of its manufacturing industry to 172 billion dirhams, generate 13,600 new jobs, and raise non-oil exports to 178.8 billion dirhams by investing 10 billion dirhams ($2.7 billion) in these efforts. The SMCC, which is expected to start operations in the first quarter of 2024, will encourage information sharing, centralise innovative manufacturing services, and ease stakeholder engagement.
The industrial sector has job options available through MoIAT. The Ministry of Industry and Advanced Technology in the United Arab Emirates has started a new programme to provide 500 local talent with training and employment possibilities.
The programme, developed in partnership with the Ministry of Human Resources and Emiratization and the Emirati Talent Competitiveness Council, aims to give Emiratis the skills they need to work in the industrial sector.
Leading institutions including the Abu Dhabi Vocational Education and Training Institute and the Centre of Excellence for Applied Research and Training will be responsible for the program's special structure and design, according to WAM.
Through the Nafis platform, more than 70 industrial businesses from the UAE will take part in providing these training and employment possibilities.Tabby increases the debt limit to $350 million.