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