UAE starts a project for an industrial census
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Today, the Federal Competitiveness and Statistics Centre (FCSC), the members of the Industry Development Council, and the regional statistics offices joined forces with the Ministry of Industry and Advanced Technology (MoIAT) to begin the Industrial Census initiative.
The project's goal is to compile a thorough
database of all businesses that engage in industrial activity as defined by the
International Standard Industrial Classification of All Economic Activities
(ISIC4 - Section C), including those operating in free zones, regardless of
whether they have an industrial or non-industrial licence.
The action is in accordance with Ministerial
Decision No. 6 of 2023, which governs the procedure for industrial
establishments to send information to MoIAT, and Federal Decree-Law No. 25 of
2022, which governs the regulation and development of the industry.
The project was unveiled at a press conference
held in Abu Dhabi by MoIAT. A dependable and adaptable method for industrial
businesses and establishments to take part in the census and submit their data
will be made available as part of the initiative by MoIAT.
In addition to assisting decision-makers in
tracking, evaluating, and enhancing the competitiveness of the industrial
sector and informing related future policies and decisions that make the sector
flexible, the project will assist in the creation of new investment
opportunities for manufacturers, investors, and owners of industrial companies.
The project is in line with Operation 300 billion, the country's industrial and
advanced technology policy.
The project is in line with orders from our
leadership to grow the industrial sector in the UAE and increase its
contribution to national GDP, according to Dr. Sultan bin Ahmed Al Jaber,
Minister of Industry and Advanced Technology and Chairman of the Industry
Development Council. The MoIAT, in collaboration with FCSC, local governments,
and free zones, plays a crucial role in developing an enabling legal framework
that supports the industrial sector and aids in luring both domestic and
foreign investments in order to achieve the goals of the national strategy for
industry and advanced technology.
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