Abu Dhabi: ADNOC announced today that its partners across its supply chain have committed to investing AED3 billion ($817 million) in manufacturing facilities across the UAE. The announcement was made at the 'Make it in the Emirates' forum currently underway in Abu Dhabi.

According to Emirates News Agency, the facilities are located across the Industrial City of Abu Dhabi (ICAD), Khalifa Economic Zones Abu Dhabi (KEZAD), Dubai Industrial Park, Jebel Ali Free Zone (JAFZA), Sharjah Airport International Free Zone (SAIF Zone), and Umm Al Qaiwain. These facilities are set to create more than 3,500 highly skilled private sector jobs and will manufacture a wide range of industrial products, including pressure vessels, pipe coatings, and fasteners.

The development of these facilities has been enabled by commercial agreements ADNOC signed with various companies under its In-Country Value (ICV) programme. The ICV programme offers businesses a platform to capitalize on ADNOC's commercial opportunities as it aims to locally manufacture AED90 billion ($24.5 billion) worth of products in its procurement pipeline by 2030.

Yaser Saeed Almazrouei, ADNOC Executive Director, People, Commercial and Corporate Support, stated, "We welcome our partners' commitment to advancing local manufacturing through their investments in these state-of-the-art facilities, which will strengthen the UAE's industrial base and create highly skilled private sector jobs. These investments reflect ADNOC's ongoing drive to support the 'Make it in the Emirates' initiative and localize strategic industrial capabilities through our In-Country Value programme. We look forward to working with our partners to ensure business continuity and unlock further opportunities for sustainable growth and economic diversification."

The newly operational sites, major expansions, and investment commitments are aligned with ADNOC's current and future procurement requirements, demonstrating its support for the 'Make it in the Emirates' initiative. This announcement further builds on the success of ADNOC's ICV programme, which has driven AED242 billion back into the UAE economy and created 17,000 jobs for UAE Nationals in the private sector since 2018.

Manufacturers, small and medium-sized enterprises (SMEs), and entrepreneurs are encouraged to explore the 'Make it with ADNOC' app, which provides businesses with visibility into the products ADNOC plans to purchase, offering a more streamlined and integrated procurement process.