UAE to exhibit industry solutions at Hannover Messe

By Arya M Nair, Official Reporter
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MoIAT at Hannover Messe

The UAE Ministry of Industry and Advanced Technology (MoIAT) will lead the UAE delegation exhibiting at this year’s Hannover Messe, the world’s largest industry trade fair, from April 17-21, in Hannover, Germany.

The delegation will host a roundtable with the private sector and participate in panel discussions highlighting the UAE’s value proposition as a global industrial hub, encouraging future investments.

The UAE delegation at Hannover Messe consists of MoIAT, the Abu Dhabi Department of Economic Development (ADDED), ADNOC Group, the Abu Dhabi Investment Office, KEZAD Group, and Dubai Industrial City. The stand showcases the UAE as a key industrial hub, offering solutions to the industry’s global challenges, such as access to talent, supply chain challenges and climate neutrality.

Themed “Make it in the Emirates: The UAE as a Global Industrial Hub”, a roundtable will be chaired by Mr. Omar Al Suwaidi, Under-Secretary of MoIAT, along with the ministry’s partners, hosting German and European companies. The roundtable will shed light on the UAE’s industrial ecosystem and vision for growth, how German companies can benefit from collaborating with UAE entities and benefit from the incentives available to investors. The roundtable will also highlight how industrial investors can benefit from offtakes provided by national champions to de-risk their investments.

The UAE delegation will host a panel session titled “The UAE, A Solution for Global Challenges”. This session will highlight the UAE’s industrial value proposition and enablers, including green financing, certified green energy supply, robust regulation infrastructure, access to markets with a growing number of free trade agreements, and more.

Throughout Hannover Messe, as part of the UAE delegation, MoIAT aims to promote the UAE as an industrial hub and attractive investment destination. In line with its “Make it in the Emirates” initiative, MoIAT is seeking to attract local and international investors, promote collaborative opportunities, and show the potential for manufacturing products in the UAE.

Competitive advantages include attractive financing solutions, supportive regulations and legislature, a low-tax corporate environment, a skilled workforce, trading arrangements with regional and international countries which continues to increase the UAE’s access to markets, and many other industrial incentives. There is a real opportunity for investors to join the industrial sector’s journey and take advantage of the unique investment ecosystem and incentives in the UAE.

Hannover Messe welcomes 4,000 companies from all over the world, from a variety of industrial sectors, including technology. The UAE has plans to diversify its economy, by enabling and growing the industrial sector. To enhance the competitiveness of the UAE industry globally, the country is focused on deploying advanced technologies such as robotics and Artificial Intelligence within the industry.

Related: UAE’s global merchandise trade exceeds $1tn in 2022; WTO