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DED organizes two seminars on industrial clusters and SMEs 

Wednesday, September 29, 2010
the Department of Economic Development in Abu Dhabi offered two seminars: “Current Thinking and Trends in Cluster Development” and “The Integration of SMEs into Global Value Chains”. These two areas of economic development form part of the comprehensive and integrated industrial strategy for the Emirate of Abu Dhabi that is currently under development in collaboration with all key industrial stakeholders in the Emirate. The strategy will take into consideration the needs and aspirations of public and private sector stakeholders; including current and planned industrial cities. Professor Edward Feser Ph.D,, Head of the Department of Urban and Regional Planning at the University of Illinois Urbana-Champaign, a leading authority on industry cluster analysis and policy, led the seminar on current thinking and trends in cluster development and policy. The session included a workshop that provided attendees with an opportunity to analyze data for measuring the interdependence amongst industries. Professor Roberta Rabolleti, Ph.D., of the University of Piemonte Orientale’s Department of Economics in Italy, a widely respected expert on the interface between SMEs and industrial clusters, discussed the integration of SMEs into international value chains. She highlighted key factors that influence the upgrading of local SMEs processes. His Excellency Mohamed Omar Abdulla, Undersecretary of the Department of Economic Development in Abu Dhabi, in his opening remarks at the event, addressed leading members of the Emirate’s industrial sector. He spoke of the collaborative approach utilized by the Department of Economic Development in the preparation of emirate’s economic plans. He also discussed the department’s implementation of the Economic Vision 2030 to achieve development goals established by the Emirate’s leadership. His Excellency also praised the interest and cooperation currently being expressed by the more than 60 public and private sector stakeholders in the preparation of the Emirate’s industrial strategy. The Undersecretary stated, This is a vital and important project that will allow decision-makers in the Emirate to benefit. The in-depth and expanded analysis is widely appreciated by the various stakeholders. It will help upgrade the plans of the focus sectors which are being targeted by leading industrial entities; enhance the level of efficiency and transparency in respect to governance structure of the industrial sector; and achieve the highest possible degree of clarity regarding the funding needs associated with industrial infrastructure, we can ensure the sustainable growth of the targeted industries.
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