Abu Dhabi: A number of high profile ministers and industry leaders from the region as well from across the globe will be attending the four-day Global Manufacturing and Industrialisation Summit (GMIS) in Abu Dhabi on Monday evening.

From the UAE, Economy Minister Sultan Bin Saeed Al Mansouri, Energy Minister Suhail Al Mazroui, Minister Of Climate Change and Environment Thani Al Zeyoudi will be speaking during the event.

Other ministers participating in the event include Japan’s State Minister Of Economy, Trade and Industry, Yosuke Takagi; Bangladesh’s Industries Minister Amir Hussain Amu; Pakistan’s Minister Of Industries and Production Ghulam Murtaza Khan Jatoi; Russia’s First Deputy Minister of Trade and Industry Gleb Nikitin; Ethiopia’s Minister of Industry Ahmad Abtew Asfaw among others.

Bernard Charles, vice-chairman and chief executive Dassault Systems, Joe Kaeser, global CEO of Siemens, Saif Al Hajeri, chief executive officer Tawazun Economic Council and Tawazun Holding, Dr Shamsheer Vayalil, founder and managing director of VPS Healthcare, Mike Singh, Chairman and CEO, the TC group, Robert S Harward, chief executive UAE, Lockheed Martin will also be present during the event.

The event will also see the announcement pertaining to the launch of the region’s first “Microfactory”, that aims to accelerate revolutionary additive design, customer innovation and digital manufacturing technologies. GE, together with Mubadala and the GMIS will announce the launch at the summit, organisers said.

The initiative is in line with the UAE Vision 2021 to diversify the economy and boost industrialisation, localisation and manufacturing.

Boost productivity

Additive manufacturing is a transformative technology that is part of the new world of advanced manufacturing and brilliant factories. It can expand product range, flexibility and promote speed, and facilitate the manufacturing of highly-valued parts and boost productivity.

Speaking about the manufacturing sector in the UAE, Gary Dugan, chief investment officer, Emirates NBD wealth management, said Gulf countries are focusing on diversification of the economy to increase their revenue and help build a manufacturing base in the region.

“The licensing regulations are already in place and that’s way we have free ports success and a lot of manufacturing takes place. It’s also about placing greater emphasis and getting into discussions with major manufacturers from around the world to encourage them to come and set up their bases here.”

Companies across the entire manufacturing sector will be represented including petrochemicals, metal and mining, aviation and aerospace, steel, automotive, pharmaceuticals, biotechnology and life sciences, health care equipment, food and beverages, marine industry and cabling, electronics and so on.