Abu Dhabi: Tawazun, an investment firm focused on the long-term development of UAE’s industrial manufacturing and technology capabilities, on Saturday announced a strategic partnership with the upcoming Global Manufacturing and Industrialisation Summit.
GMIS will be hosted in Abu Dhabi by the UAE Ministry of Economy and the United Nations Industrial Development Organization (UNIDO) in March, with more than 1,200 delegates expected to attend. It is held in collaboration with the Global Agenda Council for the Future of Manufacturing of the World Economic Forum (WEF).
Tawazun develops ventures through industrial partnerships and strategic investments, focusing on a number of areas including defence and aerospace, automotive, munitions, metals, and technology; and driving innovation through investment in research and development, and ensuring technology transfer through strategic alliances.
The partnership with the Global Manufacturing and Industrialisation Summit will enable Tawazun to explore opportunities to develop new manufacturing opportunities in these areas, and promote its current portfolio of businesses to reach new markets in an increasingly globalised and digitised economy.
Speaking on today’s announcement, Saif Al Hajeri, Chief Executive Officer of Tawazun, said: “At Tawazun, we have set out with a clear mission to develop manufacturing capabilities that contribute to the transformation of the UAE into a globally recognised centre of manufacturing excellence”.