Adnoc signs Dh6b deals to boost UAE manufacturing, creating 1,300 jobs

Abu Dhabi: Adnoc has signed AED6 billion ($1.64 billion) worth of new agreements with 12 UAE-based manufacturers to locally produce critical industrial equipment, including cables and pressure vessels.

The long-term framework agreements are expected to create up to 1,300 skilled jobs in the private sector while strengthening the resilience of Adnoc’s supply chain by reducing reliance on overseas imports and cutting delivery times.

These deals will also inject fresh investment into major industrial zones across Abu Dhabi, Dubai, Sharjah, and the Northern Emirates, and mark a significant expansion of Adnoc’s In-Country Value (ICV) programme.

The move is part of the ongoing push to grow the country’s industrial base under the “Make it in the Emirates” initiative. The signing took place during the Abu Dhabi forum and was witnessed by Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Adnoc Managing Director and Group CEO.

“We’re expanding our local manufacturing base and creating private sector opportunities across the UAE,” said Yaser Almazrouei, Adnoc Executive Director. He also encouraged suppliers to tap into Adnoc’s procurement pipeline via the “Make it with Adnoc” platform.

The framework includes nine manufacturers of 10 types of pressure vessels and three companies producing four types of cables. These companies are located in hubs such as ICAD, KEZAD, JAFZA, and Dubai Industrial Park.

Adnochas already driven Dh242 billion back into the UAE economy since 2018 through its ICV efforts and aims to channel an additional Dh200 billion over the next five years.

By 2030, the energy major plans to purchase Dh90 billion worth of UAE-made products, reinforcing its long-term commitment to local industry and supply chain security.