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ADNOC commits $1.64 billion to local manufacturing of industrial equipment

The deals are expected to create up to 1,300 skilled private-sector jobs and reduce reliance on international supply chains.

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Abu Dhabi National Oil Company (ADNOC) has signed framework agreements worth Dh6 billion ($1.64 billion) with 12 UAE-based manufacturers to produce critical industrial equipment domestically. The agreements cover the production of cables and pressure vessels to enhance supply chain resilience and support the UAE’s industrial development goals.

The deals are expected to create up to 1,300 skilled private-sector jobs and reduce reliance on international supply chains. Manufacturing will be distributed across key industrial zones, including the Industrial City of Abu Dhabi (ICAD), Khalifa Economic Zones Abu Dhabi (KEZAD), Dubai Industrial Park, Jebel Ali Free Zone (JAFZA), and industrial areas in Sharjah and Umm Al Quwain.

Nine companies will manufacture ten types of pressure vessels: ADOS Engineering Industries, Arabian Industries LLC, Berg Industries LLC, Euro Mechanical & Electrical Contracting Company LLC, METALFAB Middle East FZ L.L.C, Micoda Process Systems International Company, NASH Engineering FZCO, Polar Specialized Industries (PSI), and United Metal Works Est. Factory Abu Dhabi. Three companies—Dubai Cable Co. (PVT) Ltd, Mark Cables, and National Cable Industry—will produce four types of cables.

These agreements align with ADNOC’s In-Country Value (ICV) programme, which has reinvested Dh242 billion ($65.9 billion) into the UAE economy since 2018 and facilitated the employment of 17,000 Emiratis in the private sector. ADNOC plans to procure Dh90 billion ($24.5 billion) of locally manufactured products by 2030 and aims to drive Dh200 billion ($54.5 billion) into the UAE economy over the next five years.