UAE Federal Industrial Agency
The Ministry of Finance and Industry has finalised a blueprint to set up a federal body for regulating and developing the industrial sector,Dr Mohammed Khalfan bin Kharbash,Minister of State for Financial and Industrial Affairs, unveiled on Monday.
''The logic for creating such a federal authority springs out from the need of a higher body enjoying all powers required to revamp and develop the industrial sector and create a fertile investment ground at bar with international best practices, the minister said during a meeting with the industrial community led by Dhafer Al Ahbabi, Chairman of UAE Industrialists' Association.
The minister briefed the industrialists about the ministry's vision for modernising the industrial sector.
In the coming period, he added, the ministry would put in place policies and regulations for the industrial sector and coordinate with the all competent authorities in that respect.
Salaha Al Shamsi, Chairman of Federation of Chambers of Commerce and Industry, called for formulating mechanism for promoting and developing national exports. Source
''The logic for creating such a federal authority springs out from the need of a higher body enjoying all powers required to revamp and develop the industrial sector and create a fertile investment ground at bar with international best practices, the minister said during a meeting with the industrial community led by Dhafer Al Ahbabi, Chairman of UAE Industrialists' Association.
The minister briefed the industrialists about the ministry's vision for modernising the industrial sector.
In the coming period, he added, the ministry would put in place policies and regulations for the industrial sector and coordinate with the all competent authorities in that respect.
Salaha Al Shamsi, Chairman of Federation of Chambers of Commerce and Industry, called for formulating mechanism for promoting and developing national exports. Source
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