Dubai Chamber facilitates public and private sector debate on industrial sector strategy
As part of their strategic partnership and integration for the development of business, the Executive Council of Dubai, Jebel Ali Free Zone (Jafza), Dubai Industrial City and Dubai Chamber of Commerce and Industry got together at the Chamber head office recently with representatives of the industrial sector in the emirate to discuss the work in progress of the industrial strategy slated to be completed in early 2016.
The workshop, which was attended by representatives of over 40 manufacturing companies operating in the emirate, exchanged ideas, proposals and suggestions about the new Dubai industrial strategy whose aim is to strengthen the industrial sector and its integration with other economic sectors to create a highly competitive and attractive investment environment in the emirate.
The participants, who were divided into four working groups representing their particular sector, discussed their experiences solutions to the issues facing their sector while coming up with and effective recommendations. The groups discussed four key sectors of the industrial sector including manufacturing, aviation and maritime and aluminium industries.
H.E. Abdullah Al Shaibani, Secretary General, Dubai Executive Council, said: “The Executive Council is keen to provide continuous support for all developmental strategies for the enhancement of the business sector according to best international practices and in line with the vision of H.H. Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice-President and Prime Minister and Ruler of Dubai, to strengthen the position of the emirate in all fields.
He added: “This workshop has come as part of the development phase of the industrial strategy to be launched next year in Dubai where both Jafza and Dubai Industrial City are working as part of the panel constituted by the Executive Council of Dubai for the emirate's economic development plan.”
On his part, Al Shaibani thanked Dubai Chamber for organising this workshop stating that this brainstorming session will contribute to identifying the current status of the industry and help monitor some of the major challenges that can be addressed through strategic development.
“This also serves our purpose of involving all strategic partners in achieving the objectives of Dubai Plan 2021, and Dubai Chamber has provided a unique platform to engage the private sector in the economic development of the emirate, which is one of the most important strategic partnerships in the development of industrial strategy for Dubai,” he said.
H.E. Hamad Buamim, President and CEO, Dubai Chamber said the workshop which brought together the private sector representatives and the Executive Council comes as part of the Chamber’s efforts to the voice the concerns of the business community to the concerned authorities.
He added that the idea behind this gathering is to activate communication and to upgrade the functioning of the industrial sector through exchange of ideas and discussion of challenges and solutions and to chart out a motivational strategy for the growth and development of this important economic sector in line with the vision of H.H. Sheikh Mohammed bin Rashid Al Maktoum to achieve economic and social progress in the city.
H.E. Buamim said: ‘‘The coming together of the two sectors to discuss issues affecting them is a step in the right direction as this goes on to consolidate the partnership between the private and public sectors and is one of the reasons for the excellent performance of Dubai’s business community.
“On its part, Dubai Chamber is keen to enhance the contribution of the private sector in the sustainable development of the emirate as Dubai has an ambitious vision to be a hub for light manufacturing industry in the region. In this regard, we appreciate the efforts of the Executive Council in supporting the private sector’s growth and competitiveness in the country," H.E. Buamim said.
He also lauded the participants’ contribution to the workshop as they brought the issues and concerns as well as their ideas, vision and recommendations to the attention of the authorities which he said is the real reason for the success of charting of strategies for Dubai’s different economic sectors.
Abdullah Belhoul, CEO, Dubai Industrial City, commented: "The UAE Government pays a lot of attention to the growth of the industrial sector and provides the necessary support to create an attractive investment environment, infrastructure and legislative frameworks suitable for the development of the industry which in turn will significantly contribute to the economic development of the emirate."
He added: “This workshop is an ideal platform for the exchange of views and experiences between the public and private sectors for the advancement of the industrial sector which fits in the broad economic sphere of the industrial strategy of the Dubai Plan 2021 whose aim is to unite efforts to accelerate national growth and to achieve economic diversification as is seen where countries that have an integrated system to support industrial production serves as a safety valve for economies, especially emerging economies during financial crises."
Ibrahim Mohamed Al Janahi, Jafza Deputy CEO and Chief Commercial Officer, said: “Indeed, public-private sector partnership is behind the success of the economic growth of the emirate. This meeting provided an important opportunity to inform representatives of the industrial companies about the framework of the industrial strategy and to get their feedback on developing the industry to achieve the desired goals under the vision of H.H. Sheikh Mohammed bin Rashid Al Maktoum, and to help the emirate secure its prominent position on the world industrial map.”
One of the participants, Raphael Khlat, CEO, Faisal Jassim Trading Co LLC, stated that this workshop helped representatives of manufacturing companies to freely exchange ideas and proposals within the sector as well as to learn more about the Executive Council’s plans for the future of this particular sector as he praised Dubai Chamber’s role in bringing the private sector face to face with the concerned authorities.
Shitish Malhotra, Operations Manager, Dubai MRO Campus Customer Service, said that this is a positive step by the Dubai Government as it is focusing on the growth of various economic sectors, particularly the industrial sector which will help create an attractive investment environment for industries in Dubai while promoting the overall development of the emirate’s economy.
As part of its strategic objective to support the development of business, Dubai Chamber regularly organises seminars and workshops to raise awareness of key strategies, laws and regulations affecting the business community while forging a stronger partnership and spirit of cooperation between private and public sectors for enhancing the competitiveness of businesses and the economic growth of the emirate.
Dubai Chamber of Commerce and Industry
We are a non-profit public organization whose mission is to represent, support and protect the interests of the business community in Dubai. It does so by creating a favourable environment; promoting Dubai as an international business hub and by supporting the development of business.
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