ADNOC signs manufacturing deals worth $9.5 bln
Abu Dhabi Involved companies include Siemens, Halliburton, Celeros FT, Emerson, Proton R&D and Schneider Electric.
The deals will see 21 products manufactured in the UAE, including pressure vessels, compressors, pipeline inspections gauges, specialist valves, industrial pumps, switchgears, variable speed drives and flame and gas detectors. Investments are also expected in machining, reverse engineering and non-destructive testing equipment.
The move is part of the UAE’s Make It In the Emirates programme, which aims to double the contribution of the industrial sector to the UAE’s GDP to USD 81.7 billion.
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