UAE Minister of Economy emphasizes role of industrial sector in national economy in meeting with GOIC

The meeting was attended by H.E. Jamal Nasser Lootah, Assistant under Secretary for Industrial Affairs, and Seed AL Roken Director of Industrial Development at the ministry.

The Secretary General briefed Al Mansouri on the Organization's major services needed to support the performance of the industrial sector in the UAE. These services are in fact essential to help investors to increase the level of productivity and save efforts and time. The Organization's future plans were also highlighted especially in the field of promoting small and medium industries.

"Developing the performance of the industrial sector has high priority in the government's schedule. We will provide all required efforts to leverage the performance of this sector to position it as a major source for the whole industries in the region," Al Mansouri said. "The UAE owns several potentials that can develop the industries to be a vital supporter to the national economy," he added.

At the end of the meeting, mechanisms of coordination between the Ministry and the Organization were discussed by both parties. They agreed that the Organization will provide required studies to enhance the level of productivity for industrial items.

The Gulf Organization for Industrial Consulting was conceptualized by the GCC Member States as a knowledge-hub and industrial investment promotion catalyst, for the purpose of industrial diversification and development within the GCC countries. It targets developing industries throughout the region by means of providing the public and the private industrial and economic sector with distinctive knowledge, through a complete set of specialized research, information, consultancy training and technical services.