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2/23/24, 10:20 AM KERNO to manufacture enterprise-class infrastructure products in the UAE as new member of NextGenFDI Program
region. The UAE is currently undergoing a digital transformation journey, and we
are thrilled to be a part of this endeavor. It gives me immense pleasure to see
KERNO become a part of the NextGen FDI program, and I would like to extend my
gratitude to His Excellency Dr. Thani bin Ahmed Al Zeyoudi for welcoming us. We
are determined to establish a long-term presence and become one of the key
partners in implementing the "Made in UAE" technology strategy by localizing our
design and manufacturing efforts and collaborating with the local ecosystem."
The Ministry of Economy's NextGen FDI initiative has been credited with
expanding the UAE's advanced technology ecosystem by providing companies
seeking to relocate to the UAE with numerous incentives including fast-tracked and
simplified licensing, set-up and visa processes, accelerated access to banking
services and attractive rates for commercial and residential leases. The initiative has
been designed to enhance economic diversification and stimulate the growth of a
knowledge-based, innovation driven economy in line with the UAE's national
objectives.
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