Adnoc suppliers to invest Dh3b in UAE facilities, creating 3,500 jobs

Dubai: Suppliers to the Abu Dhabi National Oil Company (Adnoc) will invest Dh3 billion ($817 million) in new and expanded manufacturing facilities across the UAE, the company announced at the ‘Make it in the Emirates’ forum on Wednesday.

The investments — which cover facilities in Abu Dhabi, Dubai, Sharjah and Umm Al Quwain — are expected to create over 3,500 skilled private sector jobs and support production of pressure vessels, pipe coatings, fasteners and other key industrial products.

The projects are being developed under Adnoc’s In-Country Value (ICV) program, which aims to boost local industry and aligns with the UAE’s broader ‘Make it in the Emirates’ strategy. The ICV program supports Adnoc’s goal of sourcing AED90 billion worth of products locally by 2030.

Adnoc said the new facilities include newly operational sites, major capacity expansions, and future investment commitments. The manufacturing locations span KEZAD, ICAD, Dubai Industrial Park, JAFZA, SAIF Zone and Umm Al Quwain.

Localise industries

“These investments reflect Adnoc’s ongoing drive to localise strategic industrial capabilities and support sustainable growth and economic diversification,” said Yaser Saeed Almazrouei, Adnoc’s Executive Director of People, Commercial and Corporate Support.

Since its launch in 2018, Adnoc’s ICV program has redirected Dh242 billion into the UAE economy and enabled 17,000 jobs for UAE nationals in the private sector.

Manufacturers and entrepreneurs can track Adnoc’s upcoming procurement needs through the company’s ‘Make it with Adnoc’ digital platform.