Page 576 - MOE ENGLISH PR REPORT - FEBRUARY 2024
P. 576
2/23/24, 10:18 AM KERNO to manufacture enterprise-class infrastructure products in the UAE as new member of NextGenFDI Program | Emirates …
and cultivate local talent and have adopted an
ambitious ‘Made-in-UAE’ plan whereby they are
committed to keeping development, manufacture, and
support functions within the UAE, as they leverage the
country’s position as a global trading hub to reach
markets across the world.
KERNO is using the NextGenFDI program to help
accelerate the start of its operations in the UAE with the
company’s first phase of 5,000 sqm manufacturing
facility (SMT & Assembly) expected to be in full
operational mode by the 3rd quarter of this year, with
the first UAE-made enterprise-class products being
delivered to customers by the 1st quarter of next year.
Dr Thani Al Zeyoudi, Minister of State for foreign Trade
said: “KERNO is an important and welcome addition to
the NextGenFDI program, contributing to the UAE’s
progress towards becoming a technology-driven
knowledge economy. With the rapid digitization of our
societies, there is significant demand from large private
and public sector organisations regionally and globally
for the enterprise-class IT solutions and products that
KERNO will design, develop and manufacture in the UAE.
https://wam.ae/en/article/b1qrfv6-kerno-manufacture-enterprise-class-infrastructure 2/4