Now M stands for Manufacturing and Made in the UAE
“Sounds Great”
Being the CMD- of KIT Group, one of the leading business groups of the UAE.
I am extremely elated to notice that the country is strengthening its Made in the UAE mission. With locally produced goods making a name worldwide, the manufacturing sector is all set to flourish in the coming years.
Highlights on M for Manufacturing:
As per the UAE Ministry of Economy, manufacturing contributed 14 per cent to the country’s GDP in 2014.
The 14 percent totaled for 53 per cent of the country’s non-oil exports.
Plans have been chalked out to push that number to 20 per cent by 2021 and 25 per cent by 2025.
The growth trajectory of the UAE’s manufacturing road map is noteworthy.