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Monday, June 24, 2024

UAE launches industrial census project


ABU DHABI – The Ministry of Industry and Advanced Technology (MoIAT) today launched the Industrial Census Project in collaboration with the Federal Competitiveness and Statistics Center (FCSC), members of the Industrial Development Council and local statistical centers.

The project aims to create a comprehensive database of all establishments engaged in industrial activities according to the International Standard Industrial Classification of All Economic Activities (ISIC4 – Part C), including establishments operating in free zones, regardless of whether their license is industrial or non-industrial .

The move is in line with Federal Decree No. 25 of 2022 on Industry Regulation and Development and Ministerial Decision No. 6 of 2023, which regulates the process by which industrial bodies provide their information to MoIAT.

The project was announced at a press conference organized by MoIAT Abu Dhabi. As part of this project, MoIAT will provide industrial companies and institutions with a reliable and flexible mechanism to participate in the census and submit information.

The project will help create new investment opportunities for manufacturers, investors and owners of industrial companies, and help policymakers track, assess and enhance the competitiveness of the industrial sector, and inform related future policies and decisions, enabling The department is flexible. The project is in line with the National Industrial and Advanced Technology Strategy “300 Billion Action” and aims to help create a business environment that attracts investment in the local and international industrial sectors and promotes the growth and competitiveness of the national industry.

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Chairman of the Industrial Development Council, said: “This project is in line with our leadership’s directive to develop the UAE’s industrial sector and increase its contribution to the country’s GDP. To achieve national industrial and Advanced Technology Strategy, MoIAT, in collaboration with FCSC, local authorities and free zones, plays a key role in creating an enabling legislative framework that supports the industrial sector and helps attract local and foreign investment”

He added: “Since accurate data play an important role in enhancing a country’s global competitiveness, the Industrial Census Project is a crucial step in developing a central national database for the industrial sector. The project supports efforts to build a knowledge-based economy, To promote innovation, research and development (R&D) and future growth opportunities.It will also help to adopt circular economy principles, help integrate producers and manufacturers into the national economic ecosystem, and promote the development of local supply chains. “

Al Jaber continued: “Developing a comprehensive, reliable and up-to-date industrial database will help us provide suppliers and manufacturers with scientific analysis to help them fully understand the current situation and look ahead to potential future challenges. It will also help us identify Government-supported SMEs and ways to improve their competitiveness in local, regional and global markets.

Omar Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology, said: “As part of this project, we have jointly developed an online form with the FCSC and will share it with industrial companies, including those in the free zone, to complete the process within 60 days. Online form Information about its operations will be requested, such as licenses, shareholders, some financial data, R&D expenses, number of workers and the volume and value of industrial production inputs under the Harmonized System (HS).”

He stressed that the privacy of information submitted through the form will be maintained and the selected database will be used for analytical research only.

The project aims to measure the industrial sector’s performance and contribution to the country’s GDP to help enhance local industrial capabilities and facilitate integration between government entities and stakeholders through the exchange of relevant information. It will also improve the sector’s readiness and business continuity, especially during crises, and improve the UAE’s ranking in international economic competitiveness indicators, including those related to food and drug safety.

FCSC Director Hanan Ahli said: “The UAE leadership is committed to developing the industrial sector as a major contributor to our national economy. The importance of the Industrial Census Project is to provide accurate and up-to-date information on the current state of our industrial companies and institutions. In turn , which informs the decision-making process and helps the government launch targeted initiatives and projects to support the industrial sector and increase its share of the country’s non-oil GDP, which stands at 11% in the first nine months of 2022 .”

She added, “The results of the census will help improve the UAE’s performance and ratings in international industrial reports and indicators. Ranked 1st in the Arab region and 19th globally in technology investment indicators.It also ranked 1st in the region and 19th globally in the per capita manufacturing export indicator according to the United Nations Industrial Development Organization (UNIDO) 2022 Industrial Competitiveness Index Moreover, the industrial sector employs 28.3 per cent of local and resident workers in the UAE, according to the FCSC’s labor force survey in 2021.”


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