Abu Dhabi, a leading business and talent hub, has unveiled a new program aimed at strengthening its industrial investment and solidifying its position as the preferred destination for businesses. The Abu Dhabi Department of Economic Development (ADDED) has launched the Abu Dhabi Channel Partners program, which will offer comprehensive investment guides and tailor-made incentive packages to support key players and investors.
The primary objective of this initiative is to enhance the global competitiveness of the emirate, attract new foreign and domestic direct investments, promote the transfer of technology and knowledge, and increase the industrial sector’s contribution to Abu Dhabi’s non-oil GDP.
The IDB has identified 20 investment opportunities in this sector, with an estimated market size of approximately 29.4 billion dirhams by 2027.
Chairman of ADDED, Ahmed Jasim Al Zaabi, stated that the organization is investing one billion dirhams ($272 million) in the Abu Dhabi Channel Partners program. This investment is part of a broader effort to optimize the industrial sector’s value chain by attracting high-quality investments in priority subsectors outlined in the Abu Dhabi Industrial Strategy. These strategic investments will fuel growth and help achieve long-term objectives.
Under the supervision of ADDED’s Industrial Development Bureau (IDB), the program has identified several industrial investment opportunities in seven manufacturing subsectors, including food processing, pharmaceuticals, chemicals, electrical equipment, electronics, machinery, and transportation. Each opportunity will be accompanied by a customized incentive package designed to meet the specific needs of key players and investors.
The inaugural phase of the program will focus on incentivizing investors in the food processing industry. The IDB has identified 20 investment opportunities in this sector, with an estimated market size of approximately 29.4 billion dirhams by 2027.
To further expand its manufacturing sector, Abu Dhabi plans to invest one billion dirhams across six programs: Industry 4.0, circular economy, talent development, ecosystem enablement, homegrown supply chain, and value chain development. These initiatives aim to more than double the size of the manufacturing sector to 172 billion dirhams, create 13,600 skilled jobs, and increase non-oil exports to 178.8 billion dirhams by 203