ADDED, Siemens Energy to enhance sustainable industrial development

UAE – Mubasher: The Abu Dhabi Department of Economic Development (ADDED), represented by Industrial Development Bureau (IDB), and Siemens Energy teamed up to further decarbonise Abu Dhabi’s industrial sector.

The partnership aligns with Abu Dhabi Industrial Strategy's vision to position the Emirate as a key industrial hub in the region, according to a press release.

Under the agreement, Siemens Energy will support IDB to localise the manufacturing capabilities in Abu Dhabi and offer the required technological solutions to bolster the development of carbon removal technology across the industrial sector.

ADDED will accelerate the process of acquiring industrial licenses and incentives for businesses in Abu Dhabi to promote sustainability and economic progress in the Emirate.

Meanwhile, Siemens Energy will be responsible for the research and development of advanced technologies, including waste heat recovery, electrification solutions, grid technology, and energy storage.

Arafat Al Yafei, Executive Director of IDB, said: “It [the collaboration ]will support the growth of Abu Dhabi’s industrial sector and ensure we become a truly green Falcon economy.”

Khalid bin Hadi, Managing Director of the UAE at Siemens Energy, commented: “Together with ADDED, we will pursue our shared vision and mutual goal of developing a global, sustainable, innovative, industrial hub, centered on the development of human capital.”

Mubasher Contribution Time: 25-Dec-2023 10:57 (GMT)
Mubasher Last Update Time: 25-Dec-2023 10:57 (GMT)