Thursday, May 24, 2007

New website to highlight economy

New website to highlight economy

By Ahmed A. Elewa, Staff Reporter


Abu Dhabi: The Ministry of Finance and Industry is developing a new 'Made in the UAE' website in coordination with Dubai's e-Government.

The website aims to market national products domestically and internationally through the internet.

"This new project comes in the framework of the ministry's endeavours to strengthen the relationship between the federal and local governments, as well as the private sector, to achieve the ultimate target of sustainable development," said Dr Mohammad Khalfan Bin Kharbash, Minister of State for Financial and Industrial Affairs.

He said the site had already been prepared and it was equipped to provide services, including lists of local manufacturers.

It is supported by an advanced search engine that facilitates access to any information from the national database.

"The website has been developed to serve as a database for the local industries as it includes all the local manufacturing establishments listed with the ministry," Dr Kharbash added.

The industrial sector ranks third among the various sectors in the UAE with total investments amounting to Dh70.42 billion at the end of 2006.

It has achieved a growth rate of 134.3 per cent during the past five years, according to the ministry. The number of establishments in the country grew by more than 42 per cent from 2,509 in 2002 to 3,567 in 2006.

"What we seek by this project is the establishment of a unified electronic gateway promoting the UAE among the leaders in the application of e-commerce," said Jamal Nasser Lootah, the ministry's assistant undersecretary for industrial affairs.

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