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698660
Wed, 05/21/2025 - 02:24
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Industry Minister participates in Make it the Emirates Forum 2025

Abu Dhabi, May 20 (BNA): Abdulla bin Adel Fakhro, Minister of Industry and Commerce, participated as a keynote speaker in the fourth edition of the Make in the Emirates Forum 2025, organised by the Ministry of Industry and Advanced Technology of the United Arab Emirates (UAE).

 

The minister took part in a dialogue session titled "Integrated Industrial Partnership for Sustainable Economic Development", where he outlined Bahrain’s efforts to support smart manufacturing and strengthen local content. He focused on industrial integration as a key element for achieving sustainable development and enhancing industrial security in the region. He also emphasised the importance of joint efforts and developing practical tools for cooperation among the partner countries.

 

Minister Fakhro highlighted the strategic partnership to cooperate in national content and in-country value (ICV) programs, recently launched by Bahrain and the UAE as a step to enhance the path of regional economic cooperation.

 

He added that this cooperation contributes to enhancing common standards for local content, encouraging technology localisation, and creating real incentives for companies to invest in competencies and innovation in both countries. He also added that this consensus enables Bahraini industries to integrate directly into the Gulf supply chains, especially in vital sectors such as metals, petrochemicals, and advanced manufacturing, noting the advantages of this cooperation for manufacturers in the UAE to benefit from the mechanisms of preference for local content and government procurement in Bahrain.

 

The minister highlighted the prominent role played by the Kingdom within the "Integrated Industrial Partnership for Sustainable Economic Development", which includes the UAE, Egypt, Jordan, Morocco, Qatar and Turkey. He noted that this regional partnership aims to achieve effective integration of industrial capabilities, facilitate access to raw materials, open markets to exporters, in addition to creating opportunities for innovative research and development partnerships. He said that under this partnership, Bahrain has concluded two agreements to supply iron ore to the UAE and Qatar, worth more than 4 billion US dollars, which reflects the extent to which the partnership countries can benefit from this qualitative partnership.

 

Minister Fakhro also met Dr. Sultan bin Ahmed Al Jaber, UAE Minister of Industry.


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