Page 585 - MOE ENGLISH PR REPORT - FEBRUARY 2024
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KERNO to manufacture enterprise-class


                    infrastructure products in the UAE as


                    new member of NextGenFDI Program

                                            Story by Tariq Al Fahaam • 3d






               ABU DHABI, 19th February, 2024 (WAM) – The Ministry of Economy has


               announced that KERNO, a pioneering new start-up in enterprise-class
               infrastructure products, is the latest company to join its NextGenFDI program,

               which provides a suite of market-entry fundamentals to enable cutting-edge
               companies to establish or expand their operations in the UAE and, in doing so,
               support the development of the country’s knowledge-based economy.


               KERNO will develop and locally manufacture enterprise-class server, storage

               and network equipment to address the growing infrastructure demand in the
               Middle East Region . The company is led by veterans from Nokia and IBM who

               possess extensive experience in building technology companies specializing in
               advanced computing systems and networks. They plan to collaborate deeply with
               the UAE’s ecosystem to attract 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.








               https://www.msn.com/en-ae/news/other/kerno-to-manufacture-enterprise-class-infrastructure-
               products-in-the-uae-as-new-member-of-nextgenfdi-program/ar-BB1iwTP1
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