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The Department of Economic Development organizes the Industrialists Networking Forum 2011

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The Department of Economic Development organizes the Industrialists Networking Forum 2011

Sunday, December 18, 2011
The Department of Economic Development today at its headquarters in Abu Dhabi organized the Industrialists Networking Forum 2011 to communicate with industrialists, in participation of 9 government agencies, 7 banks, and more than 45 companies and factories operating in the Emirate of Abu Dhabi. The forum was attended by H.E. Dr. Adeeb Al Afifi, Director of Foreign Trade and Exports Supporting at the Department of Economic Development, H.E. Mohamed Hamad Bin Azzan Al Mazrouei, the Director General of the Western Region Development Council, H.E. Mohammed Hassan Al Qamzi, CEO of the Higher Corporation for Specialised Economic Zones and a number of senior officials from government departments and the private sector.Dr. Adeeb Al Afifi, Director of Foreign Trade and Exports Supporting, in his speech at the forum said that the Department of Economic Development since the issuance of the Law No. 2 of 2009, attaches great importance to economic sectors in the Emirate of Abu Dhabi with an approach based on  maintain  solid contacts  and communications with the industrialists, in coordination with the stakeholders to ensure maintaining an ideal environment for the industrial sector revival in line with the goals of Abu Dhabi Economic Vision 2030.Dr. Adeeb added that the forum comes in harmony with the approach adopted by the Department to augment efforts for the development of national exports at the level of the Emirate of Abu Dhabi, in cooperation with government, semi-government and private sector establishments and companies. Al Afifi, said that local and international events and activities meant to boost and promote exports added up to 21 this year, compared to 11 promotional events organized last year.Al Afifi,  added that Abu Dhabi non-oil exports during the period (January to September) of the current year increased by 11.5% compared to the same period last year, amounting to AED 9.014 billion.Dr. Adeeb Al Afifi, expressed his contentment for achieving such positive results despite the obstacles posed by the global economy, which proves the strength and stability of the country's economy and the ability of the non-oil industrial base to challenge the conditions, and maintain growth of foreign trade year after year.Dr. Al Afifi, emphasized that the Department of Economic Development is open to all manufacturers and exporters, and that it spares no efforts to help them surmount all obstacles that might hinder their activities in UAE or abroad in coordination with relevant authorities at both the federal and local levels.Al Afifi pointed out that the Department, through its Foreign Trade and Export Support Division, has conducted in 2011 more than 110 visits to factories and corporate headquarters in Abu Dhabi, Al Ain and the Western Region, in its efforts to maintain intact connections to tap their needs and requirements in order to expand production, develop capabilities and ensure continuation and flow of exports to new international markets.Dr. Adeeb Al Afifi, added that the forum underlines the importance of integration and effective communication with all stakeholders and government agencies involved in the development and promotion of  the non-oil trade of Abu Dhabi; especially the Ministry of Foreign Trade, Abu Dhabi Chamber, the Ministry of Finance, the Emirates Authority for Standardization and Metrology, the Abu Dhabi Council for Quality and Compliance, the Western Region Development Council, Masdar, Khalifa Fund for Enterprise Development and the Higher Corporation for Specialized Economic Zones( ZonesCorp). In conclusion of his speech, Dr. Adeeb Al Afifi called on all partners in public and private sectors to consolidate efforts, to create a robust business environment, and eliminate restrictions and constraints, to realize the future vision of the Government of the Emirate of Abu Dhabi.Adel Al Katheeri, the Acting Head of International Relations Section, gave a presentation on export development services provided by the Department in 2011, which included four main themes: research and information on international markets, exporters’ capacity building, promoting local products in international markets, overcoming obstacles and providing support. Al Katheeri said that in the field of research and market information, the Department provided local companies with a series of reports and studies on markets of Asia, Africa, Europe and South America, inclusive of answers to inquiries about appropriate markets for their products, based on the needs of targeted markets. Information provided covered areas of tariffs, custom duties and specifications and Standardization requisites in countries of destination.As for exporters’ capacity building, Al Katheeri highlighted a number of workshops and seminars organized in 2011, by the Department of Economic Development in collaboration with stakeholders, which were meant for manufacturers and exporters and which covered a spectrum of areas including finance, logistics, and quality.The Acting Head of International Relations Section, Al Katheeri stated that in 2011, the Department organized several exhibitions and sent trade delegations abroad to tap business opportunities in foreign markets, including Qatar, India and Vietnam, in addition to participation in international exhibitions such as the Hanover Fair, the largest industrial exhibition in the world, in cooperation with the Ministry of Foreign Trade.Al Katheeri added that the Department provided support for a number of local factories and SMEs to facilitate their participation in several international and regional events, in addition to local events organized at the level of the Emirate of Abu Dhabi, such as the Energy Fair and the Middle East Exhibition.The Foreign Trade and Export Support Division of the Department of Economic Development is undertaking the implementation of initiatives to support current and prospective exporting companies, by providing services aimed at increasing domestic exports to regional and global markets, in the context of achieving the objectives of the Abu Dhabi Economic Vision 2030, most important of which, is to raise non-oil exports to 11% of the total GDP of the Emirate. Services provided by the Department to the companies and institutions included exporters capacity building, providing required data, information and reports on regional and international markets, as well as promoting products through promotional venues and exhibitions, and organizing visits for trade delegations to various countries of the world in cooperation and coordination with government and semi-governmental organizations concerned with the implementation of the Department’s export supporting programs.H.E. Ghanem Mohamed Al Fendi Al Mazrouei, the Executive Director of Support Services Division concluded the Forum by honoring participating nine government agencies seven national banks, and forty-five companies and factories operating in the Emirate of Abu Dhabi, in appreciation of their contribution to the forum and their role in the economy of Abu Dhabi.
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