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ADNOC awards contracts worth $196 million to support UAE industry

ADNOC awards contracts worth $196 million to support UAE industry

And he witnessed “ADIPEC 2024“Also the opening of eight partners.”ADNOC“Manufacturing facilities in the UAE, bringing the number of facilities that were enabled to be launched this year through the company’s program to enhance national content to 16 facilities, and bringing the total number of facilities that were launched since the start of the “Make in the Emirates” initiative to 33 facilities.

During the forum, ADNOC reviewed a wide range of business opportunities that it provides in various fields and aspects of the energy sector value chain, and called on private sector companies to benefit from these opportunities and contribute to enhancing and expanding the capabilities of… Local manufacturing. ADNOC also announced during the forum the launch of the “Programme Sustainability for supply chains“, which is a new initiative aimed at enhancing transparency and encouraging sustainable purchasing practices within the company’s supply chain.

On this occasion, Yasser Al Mazrouei, CEO of the Human Resources, Institutional and Commercial Support Department at ADNOC, said: “ADNOC continues to cooperate with its partners in the private sector to contribute to achieving sustainable value for the UAE, creating more job opportunities for citizens and enabling the growth and development of companies.” Industry Local. Through its program to enhance national content, ADNOC aims to contribute to expanding and developing local manufacturing capabilities, supporting efforts to achieve self-sufficiency and consolidating its pivotal role as a major driver of economic growth and diversification in the UAE. We invite UAE and international companies, manufacturers and suppliers to explore the long-term local manufacturing opportunities available and use artificial intelligence and advanced technologies to enhance and accelerate their businesses.”

The “ADNOC Business Partners Forum” represents a platform that brings together suppliers and companies based in the UAE, with relevant authorities from government departments, to explore available opportunities for establishing partnerships between the public and private sectors that contribute to driving economic and social growth and progress and enhancing the development of the local industrial system.

During the forum, a dialogue session was held entitled: “Strengthening partnerships to ensure the sustainability of mutual growth”, in which Ahmed Al Balushi, Executive Director of the Economic Strategy Sector at the Department of Economic Development – Abu Dhabi, His Excellency Hareb Al Muhairi, Executive Director at the Abu Dhabi Investment Office, and Mohammed Issa Al Rifai, Director, participated. Executive Director of the Business Networks Sector at the Chamber of Commerce and Industry – Abu Dhabi.

Since its launch in 2018, the “ADNOC National Content Enhancement Program” has succeeded in redirecting 187 billion dirhams ($51 billion) into the local economy, and reducing the UAE’s dependence on imports by creating and developing local manufacturing capabilities.

Based on this success, ADNOC aims to redirect an additional 178 billion dirhams to the UAE’s economy by 2028. The program also contributed to providing 14,000 job opportunities for Emirati talent in the private sector in cooperation with the UAE Talent Competitiveness Council “NAFES”, and aims to provide 13,500 new job opportunities by 2028.



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