Make it in the Emirates wrapped yesterday after a four-day run that saw AED 11 bn worth of industrial projects, and plenty of smart manufacturing and localization partnerships. Some AED 7.8 bn offtake agreements were also inked, state news agency Wam reports. Here’s a rundown of the relevant moves:

ENERGY SUPPLY CHAINS-

#1- Adnoc's supply chain partners will invest AED 3 bn in manufacturing facilities across six UAE industrial zones, including the Industrial City of Abu Dhabi, Khalifa Economic Zones, and Jebel Ali FreeZone, according to a press release published on Thursday. The facilities will produce pressure vessels, pipe coatings, and fasteners, creating over 3.5k private-sector jobs.

#2- Adnoc awards AED 543 mn in local manufacturing contracts: Adnoc has awarded contracts worth AED 543 mn to nine homegrown suppliers of locally manufactured industrial products, according to a press release published on Thursday. The contracts cover protective equipment, drilling chemicals, valves, biodiesel, and corrosion inhibitors, and aim to reduce reliance on imports.

IN CONTEXT- The agreements fall under Adnoc's in-country value (ICV) program, which aims to locally manufacture AED 90 bn worth of products by 2030. Adnoc is also planning to channel AED 200 bn into the UAE economy through its ICV program by 2030.

#3- Energy solutions firm Broaden Energy is developing an AED 455 mn manufacturing facility in Kezad Al Mamourah under a 50-year land ownership agreement, according to a statement. It’s not clear what the facility will produce, but the statement mentioned “sustainable solutions using hydrogen, solar, and wind energy.” The project will cover some 80k sqm and create some 1k jobs. The pair signed an agreement six months ago to explore sustainable energy solutions.

A step forward for a bigger project? The project would likely act as the first phase of Broaden Energy’s AED 1 bn hydrogen equipment manufacturing complex. The Abu Dhabi Department of Economic Development inked an MoU with the company last year.

WAREHOUSES-

Aldar breaks ground on ESF cold storage facility in Dubai South: Real estate developer Aldar has begun construction on a cold storage and distribution facility for Emirates Snack Foods (ESF) in Dubai South’s Logistics District, according to a press release (pdf). The 20k sqm facility will house ESF’s cold chain operations, corporate office, and inventory management systems under one roof.

Tags: