ADNOC Suppliers to Invest AED3 Billion in UAE-Based Manufacturing Facilities
- 23-May-2025 5:15 PM
- Journalist: William Faulkner
ADNOC announced that its supply chain partners will invest AED3 billion ($817 million) in new and expanded manufacturing facilities across the United Arab Emirates. The announcement was made during the 鈥淢ake it in the Emirates鈥 forum, currently taking place in Abu Dhabi.
The investment will fund the development of state-of-the-art facilities located in the Industrial City of Abu Dhabi (ICAD), Khalifa Economic Zones Abu Dhabi (KEZAD), Dubai Industrial Park, Jebel Ali Free Zone (JAFZA), Sharjah Airport International Free Zone (SAIF Zone) and Umm Al Quwain. These projects are expected to generate more than 3,500 skilled private sector jobs and will support the production of a wide range of industrial goods, including pressure vessels, pipe coatings and fasteners.
This expansion is being driven by ADNOC鈥檚 In-Country Value (ICV) program, which facilitates commercial agreements and enables businesses to participate in ADNOC鈥檚 procurement and development efforts. The ICV initiative is a cornerstone of ADNOC鈥檚 strategy to promote local manufacturing, with a goal to domestically produce AED90 billion ($24.5 billion) worth of products by 2030.
鈥淭hese investments by our partners are a strong endorsement of ADNOC鈥檚 commitment to support industrial growth and economic diversification in the UAE,鈥 said Yaser Saeed Almazrouei, ADNOC鈥檚 executive director of people, commercial and corporate support. 鈥淲e welcome these commitments, which will strengthen the UAE鈥檚 industrial base, support the creation of thousands of high-skilled jobs and further the objectives of the 鈥楳ake it in the Emirates鈥 initiative.鈥
The announced facilities include both newly operational projects and major expansions of existing operations. All developments are designed to align with ADNOC鈥檚 long-term procurement needs and reflect the company鈥檚 continued effort to localize supply chains and industrial capabilities within the country.
Since its launch in 2018, ADNOC鈥檚 ICV program has redirected AED242 billion into the UAE economy and has played a key role in enabling more than 17,000 private sector jobs for UAE nationals. The program aims to increase the use of local goods, services, and manufacturing across ADNOC鈥檚 operations, creating lasting economic impact and fostering sustainable development.
To further streamline collaboration with the local business community, ADNOC is promoting its 鈥淢ake it with ADNOC鈥 digital platform. The application offers manufacturers, small and medium-sized enterprises (SMEs), and entrepreneurs detailed insights into ADNOC鈥檚 procurement pipeline, helping businesses identify future opportunities and participate in a more integrated and transparent procurement process.
The AED3 billion investment marks a significant step in ADNOC鈥檚 mission to enhance the UAE鈥檚 industrial capacity and underscores its role in supporting the nation鈥檚 economic diversification strategy.
ADNOC manufactures a diverse portfolio of products derived from crude oil and condensates. These include refined fuels such as gasoline, jet fuel and liquefied petroleum gas (LPG), as well as specialized products like carbon black and calcined coke. The company is also active in the global trading of these commodities鈥攊ncluding biofuels鈥攖o meet international market demand and advance its commitment to reducing carbon emissions.