ADDED, UAE Ministry implement Phase 1 of ‘e-connection’ project
The project is reportedly aimed at facilitating the issuance of industrial licenses in the capital
The Abu Dhabi Department of Economic Development’s (ADDED) Industrial Development Bureau has announced the implementation of Phase 1 of its ‘e-connection’ project, which is aimed at facilitating the issuance of industrial licenses in the capital.
Phase 1 of the project was launched with the Ministry of Economy, UAE’s state-run news agency Wam reported.
The e-connection project between the UAE ministry and ADDED is “a significant move towards strengthening the integration of roles between local and federal entities, with the goal of enhancing the UAE’s business environment and supporting companies in various sectors including the industrial sector,” assistant under-secretary for commercial affairs at the ministry, Humaid bin Butti Al Muhairi, said.
Al Muhairi added that such initiatives contribute to enhancing Abu Dhabi’s position as a leading destination for business across crucial sectors, while simultaneously strengthening the region’s competitiveness and supporting its high-value industries.
The initiative "allows the investor to automatically publish the establishment contract and social responsibility official document, without the need to visit the Ministry of Economy," ADDED stated in a tweet.
The Department of Economic Development Abu Dhabi represented by the Industrial Development Bureau in cooperation with the Ministry of Economy... pic.twitter.com/wNhhJ5nEpA— دائرة التنمية الاقتصادية - أبوظبي (@AbuDhabiDED) February 29, 2020
Executive director, Industrial Development Bureau, IDB, Mohammed Munif Al Mansouri, said that integrating industrial licensing procedures between ADDED and the local and federal government entities — which are involved in issuing licenses — facilitate and simplify the procedures of setting up investment projects in the industrial sector.
He also stated that the tie-up with local and federal entities will contribute to reducing the number of entities that must be referred to by the investor to obtain approvals, unifying the process of paying government fees as well as strengthening the exchange of data and information between ADDED and its strategic partners.