Page 411 - MINISTRY OF CULTURE PR REPORT - MAY 2025 (ENGLISH)
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5/20/25, 1:12 PM                         Hamed bin Zayed attends opening of fourth 'Make it in the Emirates'

                                    evolving changes. Guided by the vision of our leadership, innovation,
                                    determination, and perseverance form the foundation of our
                                    progress, while flexibility, agility and productivity define our
                                    approach. We launched the National Strategy for Industry and
                                    Advanced Technology to increase the sector’s contribution to GDP,
                                    support national products, enhance supply chains, and accelerate the
                                    adoption of Fourth Industrial Revolution technologies, and artificial
                                    intelligence.

                                    “In the UAE, we don’t see AI as merely a tool or a new technology —
                                    we recognise it as a fully-fledged economic sector. Globally, AI
                                    revenues are expected to exceed USD 1.5 trillion by 2040. As
                                    witnessed during US President Donald Trump’s visit to the UAE last
                                    week, the first phase of the UAE-US AI data center was launched in
                                    Abu Dhabi and it is set to become the largest AI campus outside the
                                    United States.

                                    “I take this opportunity to congratulate our leadership, H.H. Sheikh
                                    Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and
                                    National Security Advisor, and to all those involved in such strategic
                                    projects that strengthens the UAE’s position in AI and the new
                                    economy.
                                    “To support this direction toward adopting advanced technology and
                                    AI, the MoIAT launched the Technology Transformation Program and
                                    the Industrial Technology Transformation Index, which have
                                    supported over 500 factories with financing facilities worth AED 4.6
                                    billion. We also focus on enabling future industries — including
                                    renewable energy technologies, Small Modular Reactors (SMRs),
                                    space, semiconductors, smart chips, AI data center components,
                                    energy storage batteries, autonomous equipment, and advanced
                                    construction materials.

                                    “The UAE's industrial sector has witnessed significant growth. In
                                    2024, industrial exports reached AED197 billion — a 68% increase
                                    compared to 2021. We commend our colleagues across all ministries,
                                    particularly the Ministry of Economy, for expanding strategic trade
                                    through Comprehensive Economic Partnership Agreements (CEPAs),
                                    raising total foreign trade to over AED 5 trillion. Through the
                                    National In-Country Value (ICV) Programme, which supports the
                                    industrial sector by redirecting procurement to local products and
                                    services — local spending has reached a cumulative AED 347 billion,
                                    and over 22,000 job opportunities have been created for Emiratis.

                                    “In line with the leadership’s directives to strengthen bridges of
                                    cooperation, we also launched the Industrial Partnership for
                                    Sustainable Economic Development with Jordan, Bahrain, Egypt,
                                    Morocco, Qatar, and Türkiye. This collaboration has advanced
                                    regional supply chain integration through joint projects worth USD 5
                                    billion in sectors of mutual importance.

                                    “In implementation of the directives of His Highness Sheikh Mansour
                                    bin Zayed Al Nahyan, Make it in the Emirates has been enhanced to
                                    support national industrial growth further. This year’s edition features
                                    several strategic initiatives, most notably, increasing the value of
                                    offtake opportunities from AED143 billion to over AED 168 billion
                                    over the next ten years, an increase of AED 25 billion compared to
                                    last year, to localise over 4,800 products within the country.
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