UAE MoIAT to showcase new investment opportunities at ADIPEC 2023

By Shilpa Annie Joseph, Official Reporter
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UAE Ministry of Industry and Advanced Technology (MoIAT) is set to showcase a range of new incentives at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2023 to support the sustainable growth of national industries.

MoIAT will participate in ADIPEC 2023, the world’s largest energy exhibition, from 2 to 5 October at the Abu Dhabi National Exhibition Centre (ADNEC). The ministry will host the ‘Manufacturing and Industrialization Strategic Conference’ in line with the ‘’Make it in the Emirates” initiative.

According to the statement, it brings together major local and international industrial companies to enhance opportunities for growth through the adoption of advanced technologies and 4IR solutions. The conference promotes sustainable consumption and production best practices to accelerate the sector’s low-carbon transition.

MoIAT’s participation aligns with the objectives of the National Strategy for Industry and Advanced Technology, Operation 300bn, to increase the contribution the industrial sector makes to GDP. The strategy also aims to create an attractive business environment for local and international investors, support the growth of UAE industries, and drive technological transformation.

MoIAT’s participation at ADIPEC 2023 comes ahead of COP28. The ministry will contribute to ADIPEC’s theme, ‘Decarbonizing. Faster. Together’, by promoting the adoption of advanced technology as well as sustainability practices in the sector as the UAE prepares to host the global climate conference.

The ministry will host panel discussions on leveraging advanced technologies to build the industries of the future, the Make it in the Emirates initiative, as well as a roundtable for UAE Climate Tech Forum chief technology officers.

Mr. Omar Al Suwaidi, Undersecretary of MoIAT, will deliver a keynote speech on enhancing the role of the industrial sector in achieving sustainable development. Mr. Al Suwaidi will also participate in a session on the Make it in the Emirates initiative, a local blueprint for empowering global economies.

The representatives from the ministry will participate in a panel discussion on leadership perspectives on industrial policy and the synergy between the public and private sectors. They will include His Excellency Abdulla Al Shamsi, Assistant Undersecretary for the Industrial Growth Sector at MoIAT.

ADIPEC 2023 will see the participation of more than 2,200 companies, including 54 major local and international energy players, in addition to 30 pavilions. The event will tackle global climate and energy challenges, addressing decarbonization efforts to accelerate the energy transition and achieve sustainability. The exhibition will comprise more than 350 sessions, with the participation of more than 1,600 high-level speakers to mobilize different sectors and shape a more sustainable future.

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