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UAE Has 'Most Competitive Industrial Sector In Arab World'

The UAE has the most competitive industrial sector in the Arab world, according to the latest UN global rankings published. The country has reached on 30th position in the world in the year 2021 United Nation’s Industrial Organisation’s (UNIDO) Competitive Industrial Performance Index (CIP) report which tracks 152 countries.

The UAE has climbed 5 places since year 2020 and 9 places since year 2017 in the UNIDO CIP, demonstrating the competitiveness of the nation’s industrial sector and its business ecosystem, in line with the National Strategy for Industry and Advanced Technology, Operation 300bn.

The report noted the UAE’s progress in infrastructure and the industrial sector’s business ecosystem. It referred to the UAE’s strategy for sustainable growth in the industrial sector through incorporating advanced technology, promoting science-based education, balancing industrial progress with environmental sustainability, and encouraging innovation.

Dr. Sultan Bin Ahmed Al Jaber, the UAE’s Minister of Industry and Advanced Technology, said: "UNIDO’s report reaffirms the UAE’s global reputation for developing an innovative industrial ecosystem underpinned by advanced technologies and 4th Industrial Revolution solutions."

Dr. Sultan Bin Ahmed Al Jaber said that UNIDO’s CIP monitored the UAE’s industrial sector’s growth, by identifying the important features of the nation’s industrial development model and linking it to the UAE Vision 2021 and the 2014 National Agenda.

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Posted on :9/2/2021