Abu Dhabi, UAE: The Ministry of Industry and Advanced Technology (MoIAT) and the Emirati Talent Competitisveness Council have signed an agreement to link the National In-Country Value (ICV) Program with the Nafis program, both of which were launched as part of the Projects of the 50, to create job opportunities for Emirati talent in the industrial sector. The agreement is based on the entities’ joint strategic objectives to grow companies operating in the industrial sector, ensuring business sustainability and contributing to national economic growth.
The memorandum of understanding (MoU) was witnessed by His Excellency Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, Her Excellency Sara bint Youssef Al Amiri, Minister of State for Public Education and Advanced Technology, and His Excellency Dr. Abdulrahman Al Awar, Minister of Human Resources and Emiratisation. It was signed by His Excellency Omar Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology, and His Excellency Ghannam Al Mazrouei, Secretary General of the Emirati Talent Competitiveness Council.
Linking Nafis with the National ICV Program will encourage companies that are ICV-certified to increase local content through offering job opportunities for Emirati talent in the private sector.
Opportunities for growth
His Excellency Omar Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology said: “In line with the objectives of the Ministry to build an environment that attracts local and international investors to the industrial sector, stimulate the growth of national industries and enhance their competitiveness, the National In-Country Value Program was launched under the Projects of the 50. It achieved remarkable success during the first year of its implementation, redirecting AED 41.4 billion into the local economy and benefiting member companies.”
He continued: “The National ICV Program has undergone a remarkable expansion since its implementation. Already, a number of federal government entities and 17 leading national companies have signed up. The program offers its members many opportunities for growth in important sectors such as heavy industries, space technology, hydrogen, medical technology, advanced industries, food and beverages, agricultural technology, pharmaceuticals, electrical and electronic equipment, machinery and equipment, petrochemicals, chemical products, rubber and plastics, all of which support the Nafis program to create jobs.”
His Excellency added: “The Ministry will work alongside the Emirati Talent Competitiveness Council to encourage companies within the National ICV Program, to participate in the Nafis initiative. This will support national objectives in the industrial sector, which is quickly becoming more competitive, regionally and globally.”
His Excellency Ghannam Al Mazrouei, Secretary-General of the Emirati Talent Competitiveness Council, stressed that the Nafis program is receiving the attention of various official entities and ministries in the country. This is because of the program’s importance, which is embodied by its objectives to support Emiratis to find jobs that match their qualifications and capabilities in the private sector.
He said: “The Emirati Talent Competitiveness Council has many productive partnerships with government and private entities, including the Ministry of Industry and Advanced Technology, which focus on creating policies, strategies and legislation related to the promotion of local products, local content and national added value in the industrial sector. Our latest partnership with the Ministry of Industry and Advanced Technology provides promising opportunities due to the Ministry’s extensive experience in this field.”
Al Mazrouei continued: “The MoU will support Emiratization and help develop local human capital. The agreement will also support initiatives and programs to encourage citizens and companies to take advantage of the benefits the agreement provides to help Emirati talent find employment in the private sector. The agreement will also enhance cooperation in the National In-Country Value Program and raise awareness of its importance and advantages.”
Al Mazrouei pointed out that the MoU aims to raise awareness on the various opportunities to employ Emirati talent and enhance communication between the Council and the Ministry to achieve common objectives that are in the interest of the country. The agreement aims to contribute to raising the level of competitiveness of Emirati talents, in addition to providing programs to educate Emiratis to familiarize them with the initiatives of Nafis and encourage them to work in the private sector.
The Ministry’s National ICV Program team, in cooperation with the Emirati Competitiveness Council’s Nafis team, has worked to find an effective mechanism to integrate and unify the efforts of the two initiatives to boost job opportunities in the private sector. They have also worked to enhance educational opportunities in the industrial sector to raise the competitiveness of Emirati talent.
About the Ministry of Industry and Advanced Technology
The UAE’s Ministry of Industry and Advanced Technology (MoIAT), established in July 2020, is mandated with strengthening the UAE’s industrial sector, specifically by accelerating the adoption of advanced technologies and Fourth Industrial Revolution (4IR) solutions across the value chain.
MoIAT has three overarching goals: Strengthening the UAE’s industrial base, ensuring in country value, and raising the competitiveness of local industries. By enhancing the contribution of advanced technology, the Ministry will support the country’s sustainable economic growth, and ensure GDP contribution from the industry sector.
The Ministry will draft policies, laws and programs to create a world-class industrial development framework for the nation that will help attract foreign direct investment, boost In-Country Value creation, support national entrepreneurship, drive job creation, and boost exports of ‘Made in UAE’ products.
From encouraging the establishment of industrial complexes to raising local capacity in advanced technology, the Ministry will accelerate industrial development in a bid to drive economic growth, diversification, value retention and national self-reliance.