Home Industry Energy Schneider Electric, ARDECO to manufacture power and energy tech solutions in the UAE The partnership will play an important role in upskilling the UAE’s technical workforce, as well as driving the development of the engineering and manufacturing knowledge pool by Gulf Business November 4, 2022 Schneider Electric and UAE-based Arab Development Establishment (ARDECO) have signed a strategic agreement to manufacture power and energy technology solutions in the UAE. The agreement was signed at ADIPEC 2022 in Abu Dhabi. As part of the agreement, Schneider Electric will manufacture a range of highly advanced energy automation solutions and integrated power solutions, including production switchgear and control panel integrations, as well as energy automation design and engineering. “As one of the most competitive economies in the Arab world, the UAE is primed to evolve to become a global industrial hub by 2031. In ARDECO, we are committed to our leadership’s vision and aspirations to fulfill the ‘Make in the Emirates’ strategy. This partnership with Schneider Electric enables us to continue on this journey and get ready for the growing demand for innovative and sustainable energy solutions in the UAE,” said Yousef Al Nowais, chairman and MD of ARDECO. Al Nowais also added that this partnership will play an important role in upskilling the UAE’s technical workforce, as well as driving the development of the engineering and manufacturing knowledge pool and best practices in Abu Dhabi and the UAE. Ahmed Khashan, cluster president, Gulf Countries at Schneider Electric said: “The UAE’s manufacturing sector is going through rapid transformation, and technology and innovation are at the heart of it. Schneider Electric’s commitment towards empowering UAE’s manufacturing sector will continue to boost innovation and the drive for sustainable energy solutions locally, regionally and globally.” ADNOC has also signed a letter of intent expressing its interest in the manufacturing technology that will result from the joint venture between Schneider Electric and ARDECO. Dr Saleh Al Hashmi, commercial and In-Country Value director at ADNOC, said: “We are ready to work with investors and suppliers to enable them to set up or expand, manufacturing in the UAE and we invite local and business partners to grasp the significant opportunities this will create.” Earlier this year, Schneider Electric signed a memorandum of understanding with the Ministry of Industry and Advanced Technology (MoIAT) to collaborate on enhancing sustainability practices across the UAE’s manufacturing sector. Tags ADNOC Arab Development Establishment energy Make it in the emirates Manufacturing Schneider Electric 0 Comments You might also like Oil jumps over 2% amid further Red Sea vessel attacks Angola leaves OPEC in blow to oil producer group Mubadala Energy boosts Indonesia exposure with major gas discovery ADNOC to buy OCI stake in Fertiglobe for $3.62bn