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Adnoc announced on Wednesday, at the Make it in the Emirates Forum in Abu Dhabi, new agreements with more than 60 UAE-based and international companies to locally manufacture critical non-oil products in its supply chain. The new agreements bring Adnoc closer to its target to locally manufacture Dhs70 billion ($19 billion) worth of products in its procurement pipeline. They are estimated to contribute 10 percent of the Dhs172 billion ($46.9 billion) target in the Abu Dhabi Industrial Strategy, which will double the size of Abu Dhabi’s manufacturing sector.

Adnoc signs new agreements with more than 60 companies

Adnoc announced on Wednesday, at the Make it in the Emirates Forum in Abu Dhabi, new agreements with more than 60 UAE-based and international companies to locally manufacture critical non-oil products in its supply chain. The new agreements bring Adnoc closer to its target to locally manufacture Dhs70 billion ($19 billion) worth of products in its procurement pipeline. They are estimated to contribute 10 percent of the Dhs172 billion ($46.9 billion) target in the Abu Dhabi Industrial Strategy, which will double the size of Abu Dhabi’s manufacturing sector.

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