Future Manufacturing & Trade Summit 2018

1-2 October 2018
Dubai
United Arab Emirates

#FMTS2018

Industry Insights

The Vision

The Dubai Industrial Strategy aims to make Dubai “an international hub for knowledge-based, innovation and sustainable industrial activities.”

 

Objectives


Growth
Increase total GDP and value-added of manufacturing

How: Increase the output of manufacturing & the value-added share in output.

Innovation
Enhance depth of knowledge and innovation

How: Improve labor productivity & enhance R&D spend

Global Businesses
Become the preferred manufacturing platform for global businesses

How: Increase the presence of global manufacturers in Dubai, support the global outreach of home-grown companies & increase manufactured exports

Sustainable
Promote environmentally-friendly and energy efficient manufacturing

How: Limit energy consumption & manufacturing pollutants and support the Green Economy Initiatives

Islamic Standards
Become a center for the global Islamic products market

How: Increase Dubai’s Islamic products’ manufacturing & the number of halal-certified manufacturing companies in Dubai




Across 6 subsectors:


Aerospace

Maritime

Pharmaceuticals & Medical Equipment

Aluminium & Fabricated Metals

Fast Moving Consumable Goods (FMCG)

Machinery & Equipment

Impact

75 strategic initiatives have been identified to transform Dubai into an international hub and the strategy will have a significant impact on Dubai’s economy towards 2030, leading to the following:


160 Billion Dhs
forecasted increase in Dubai’s total GDP

18 Billion Dhs
forecasted increase in GDP for the industrial sector

27,000+
specialized jobs

700 Million Dhs
increase in R&D expenditures

16 Billion Dhs
forecasted increase in exports


Source: Dubai Plan 2021 – Dubai Industrial Strategy


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1-2 October 2018

Dubai
United Arab Emirates

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