Abu Dhabi: Tawazun announced its participation at The International Defence Exhibition and Conference (IDEX 2021) and the Naval Defence And Maritime Security Exhibition (NAVDEX 2021) held under the patronage of His Highness Khalifa bin Zayed Al Nahyan, President of the UAE, from the 21st February to the 25th February 2021 at the Abu Dhabi National Exhibition Center (ADNEC).
Tawazun Economic Council had previously signed an agreement with ADNEC to become the Principal Partner of this edition of IDEX and Navdex 2021.
H.E. Tarek Abdulraheem Al Hosani, the Chief Executive Officer of the Tawazun Economic Council said, “The principal partnership and participation of Tawazun Economic Council in IDEX 2021 and Navdex 2021 is in line with the vision of Tawazun. Our objectives include supporting and empowering the defense and security industry and contributing to the development of the UAE Armed Forces capabilities. Tawazun is also focused on developing the UAE’s technological and industrial capabilities and in supporting the government’s directives of achieving sustainable economic growth in the country.
The Tawazun Economic Council looks forward to showcasing its core operations and crucial role in empowering the national defense and security industry and enabling strategic partners and specialized international companies by focusing on three key areas.
The first area covers support of acquisitions and procurements for the Armed Forces, GHQ and Abu Dhabi Police, providing technical support and ensuring utilization of the latest technologies. The second area addresses the role of Tawazun in R&D and innovation, as well as seeking an effective contribution for transfer of advanced technology. The third area of focus is on Tawazun’s role in providing multiple investment options to its strategic partners, global defense companies and suppliers, whilst creating an enabling legal framework for the military and security industry.
This will significantly contribute to the advancement of the national economy and enhance Tawazun’s ability to attract foreign direct investment.
IDEX and Navdex 2021 count as an ideal platform to exhibit the most cutting-edge advancements in the global defense and security industries. Consequently, they have become viewed as the most prominent exhibitions worldwide in the defense industry, and are counted as the destination of preference by many companies working in this active sector.” Al Hosani added.
Mona Ahmed Al Jaber, Director of Tawazun Corporate Communications Department commented: “The Tawazun Economic Council counts IDEX and Navdex as an important opportunity to promote its objectives, programs, methodologies, and future projects.
The Tawazun Economic Council pavilion in this edition of IDEX is 1600 sqm of space, which covers a 74% increase in size, in comparison to its previous space in the last edition of IDEX. The reason for the increase is because of Tawazun management’s strong belief in the importance of the exhibition and the opportunity that it offers to communicate with strategic partners in the defense sector.
The pavilion includes specialized projects and advanced technologies developed locally and in collaboration with several strategic partners. Tawazun, Proof House, Strategic Development Fund and others will be showcasing their individual programs and projects”
Al Jaber added, “In this edition of the exhibition, the Council will offer a virtual platform to allow those who cannot visit in person to explore the pavilion virtually. Viewers also have the ability to interact with the exhibitors to get more information about the projects or set online meetings. The virtual platform reflects the consideration Tawazun has taken to ensure the protection and safety of the public and are in line with its own safety measures and efforts to limit the spread of Covid-19.
About Tawazun Economic Council:
Founded in 1992, Tawazun Economic Council (Tawazun) has enabled the creation of more than 90 companies and investment vehicles within eleven sectors, and now serves as the catalyst for both economic growth and the development of the UAE defense and security industry.
Tawazun is the UAE defense and security acquisitions authority for the UAE Armed Forces and Abu Dhabi Police; driving economic value through the Tawazun Economic Program and the Tawazun Strategic Development Fund, facilitating ecosystem growth and human capability development through global and local partnerships, and empowering technology & innovation through the defense and security R&D ecosystem.