The Competitiveness Office of Abu Dhabi Department of Economic Development organized today the First Workshop for UAE Competitiveness, at The Emirates Palace Hotel, in collaboration with The Emirates Competitiveness Council (ECC). The event was attended by more than 100 key persons representing competitiveness related entities in UAE; government departments and semi-government establishments, and concerned bodies.The workshop aimed at reviewing the results of the Global Competitiveness Report 2011 - 2012 and the Report of Ease of Doing Business 2012, in addition to the importance of data and statistics to enhance the competitiveness of the United Arab Emirates., with focus on recapitulating of the strategy and vision of the Emirates Competitiveness Council and the Competitiveness Office of Abu Dhabi (COAD) of the Department of Economic Development.
In an opening speech, His Excellency Mohammed Omar Abdullah, the Undersecretary of the Department of Economic Development, expressed hope that the First workshop on competitiveness would set the basis for communication and interaction, with all strategic partners circle, researchers and parties concerned with competitive throughout the UAE.H.E said that anyone who looks at the history of the UAE realizes the magnitude of the economic boom experienced over the past years, and that the State today moves forward in confident pace along the way of competitive, with the same determination initiated by the founding father Sheikh Zayed bin Sultan Al Nahyan, mercy is upon him. Emphasizing that all efforts of federal and local government entities and stakeholders today consolidate, with focus on achieving high ranking, and leading positions with regard to the various fields of global competitiveness.The Undersecretary of the Department of Economic Development, stated that the UAE ranked 33rd worldwide according to the Doing Business 2012 World Bank Report, and it occupied the 27th place globally as ranked by the Global Competitiveness Report 2011-2012. H.E added that the Competitiveness Report classified UAE among the top 10 countries in more than 20 indicators, as it assumed the 3rd place worldwide in security and stability, an indicator directly linked with the positive business environment. “The UAE was ranked 4th fourth worldwide in terms of the quality of air transport infrastructure, while it acquired the 5th rank fifth in the areas of efficient management of government finance, government provision of advanced technological products and the flexibility to determine wages. The State also got the 6th place worldwide in the quality of port infrastructure, in addition to acquiring the 7th rank in the ease of customs procedures, and the quality of road infrastructure and has ranked 10th in the world in culture and consumer awareness.” The Undersecretary said.Mohamed Omar said that the advanced rankings achieved by the State, regionally and globally, in all these areas, resulted from the government's commitment and unremitting efforts to solidly build and refurbish the economic sectors, based on innovation, modern and well-run infrastructure development. These achievements indicate the extent of linkages, coordination and consolidation of efforts between all stakeholders, to create a global level competitive environment.Mohamed Omar noted that despite its superiority in many fields according to international reports, the UAE still aspire to more achievements, especially the Emirate of Abu Dhabi, which featured its name in the international arena, in areas of investments attraction, magnetizing best talents, maintaining advanced infrastructure and highly flexible economy capable of dealing with global economic crisis.HE stated that the Department of Economic Development have paid special attention to the question of competitiveness, having been entrusted with the responsibility of driving the economic agenda of the Emirate of Abu Dhabi, towards the knowledge-based economy, according to the 2030 Vision. Based on this standpoint, the Department has launched the Competitiveness Office Abu Dhabi (COAD), which aims at undertaking a number of important activities within its plan. HE the Undersecretary, stated that during the next phase, the Competitiveness Office will make recommendations for issuing laws and implementing regulations, to promote the legislative structure and enhance transparency and disclosure, in collaboration with the Policy and Legislation Sector of the Department of Economic Development. HE the Undersecretary said that UAE looks forward to setting solid grounds for building competitiveness capabilities, according to the highest international standards, within thoughtful scientific approaches, to deeply root the competitiveness concept and culture at both the individual and institutional levels. Mohamed Omar emphasized the important to join concerted efforts; and maintain strong and continued coordination between all federal and local bodies responsible for competitiveness, to lay down the base for common understanding with regard to competitiveness themes, challenges, and priorities; in addition to the cooperation for providing more accurate and highly reliable statistics, in order to ensure reflecting the real factual competitiveness standing in international forums. HE, stressed that the Emirate of Abu Dhabi continues its efforts to support its competitive position, through the development of appropriate legislative frameworks, and the provision of advanced infrastructure that enhance the status of the Emirate as an international destination.In conclusion, HE extended his congratulations to His Highness Sheikh Khalifa bin Zayed Al Nahyan, may God protect him, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Their Highnesses Supreme Council Members and Rulers of the Emirates, and HH Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the Armed Forces, Chairman of the Executive Council of the Emirate of Abu Dhabi, and to all citizens and residents of on the occasion of the fortieth National Day of our beloved country, the United Arab Emirates.
The Emirates Competitive Council (ECC) and the Competitiveness Office of the Abu Dhabi Department of Economic Development (COAD) are joining hands to strengthen the competitiveness drive in the UAE. The ECC, as part of enhancing competitiveness across all walks of life and business sectors, is building partnerships with federal and local government establishments as well as private entities in the UAE.
Over the years government bodies in the UAE have launched commendable initiatives to recognize excellence, promote competitiveness and establish a progressive human resources environment. The workshops organized by both ECC and COAD will strengthen the UAE Competitiveness Framework, consolidating the unique achievements and distinctions of this country to drive long-term sustainable growth through building capacity and raising awareness amongst the different stakeholders.
In the most recent international reports, the UAE climbed two positions up to be ranked 33 in the World Bank Ease of Doing Business Report for 2012, no mean achievement considering the tough parameters and methodologies adopted in this audit. The UAE was ranked 5th globally and 1st in the Arab World in trading across borders within the same report.
In the Legatum Prosperity Index this year we moved two slots up to the 27th, thanks to our strong performance across the Economy, Entrepreneurship and Opportunity, Safety and Security, and Social Capital. This global achievement led the UAE to become the 1st Arab Country in the same report. The Legatum Prosperity Index is based on the assumption that successful countries enjoy a “virtuous cycle” of economic freedoms and growth, good governance as well as enterprising and happy citizens, among others.
In November 2011, the UAE was ranked 30 in the UN Human Development Index of 187 countries and the 1st in the Arab World. The report uses various metrics including life expectancy at birth, mean years of schooling, expected years of schooling and per capita Gross National Income.
During the workshop, the Emirates Competitiveness Council outlined its strategy, which was based on the objectives of the State's Vision 2010. The strategy aims at enabling the UAE to become one of the most prominent countries in terms of competitiveness countries in the world, promoting long-term prosperity and sustainable development and ensuring high quality of life for the population
The Emirates Competitiveness Council had set targets in its strategy, which included supporting efforts to raise competitiveness, increasing local awareness, raising the competitiveness at the international level, support social, economic and legislative efforts for enhancing UAE, and strengthen communications between all entities to ensure sustainable development. The EEC goals supporting the surge to become an international center of excellence in the field of competitiveness, and a platform for the private sector in relation to competitiveness, and working with international institutions and local departments to improve the position and ranking of UAE in global reports..For her part, Hala Al Ameri, the Project Manager at the Competitiveness Office Abu Dhabi (COAD) of the Department of Economic Development, gave a presentation, which highlighted the strategy of the Competitiveness Office, focusing broadly on enhancing competitiveness as a key goal of the 2030 Vision of the Emirate of Abu Dhabi, which plans to achieve a diverse-centered sustainable economy with high added value activities that encourages the private enterprises and inspires people to invest. Within this framework, the Competitiveness Office will work to sure high degree of integration in the global economy, and provision of better opportunities for all.Competitiveness in Abu Dhabi focuses on the establishment of a sustainable environment to enable companies and individuals to develop their potential productivity, Al Amery said, pointing out that the vision of the Competitiveness Office, lays great emphasis on cooperating with partners and stakeholders to adopt and apply, the best practices in the field of Competitiveness, supporting individuals and institutions in Abu Dhabi to achieve high productivity, promoting competitiveness capabilities of institutions, business, and private sector in Abu Dhabi, through appropriate policy enablers, adoption of initiatives, awareness raising and building a common understanding between partners.Hala Al Ameri said that the strategy of the Competitiveness Office focuses on developing policies and legislation, to enhance Abu Dhabi's position and ranking, making recommendations to achieve harmony between partners, launching campaigns to support partners, conducting research and analysis, analyzing performance, within certain standards and important indicators of competitiveness and the implementation of special initiatives to enhance the competitiveness of the emirate.