Goal 9: Build resilient infrastructure, promote sustainable industrialization and foster innovation

Overview

In line with the UAE’s Vision 2021 to be among the top 10 countries in the world by the Golden Jubilee of the Union in 2021, the UAE has taken many steps and strides to promote and encourage innovation. Most notable is the launch of the Innovation Strategy in 2014 by His Highness Sheikh Mohammed bin Rashed Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai. To align with national priorities and the 2030 Agenda, the Ministry of Economy is continuously working on fostering an environment that encourages sustained economic activity in the UAE. This is done through the enactment of legislations that encourage investments, supporting small and medium enterprises (SMEs), protecting consumer rights and intellectual Property as well as fulfilling environmental and social requirements whilst pursuing economic growth.

 

Policies and Initiatives

  • Launch of the ‘Innovative Guide for Companies in the UAE’ in cooperation with the National Research Council (NRC) to highlight the Ministry’s role in implementing the UAE’s National Innovation Strategy
  • Launch of the ‘Annual Corporate Social Responsibility National Index’ (2017) to track companies in the UAE based on their contributions to CSR initiatives
  • Issuance of the Anti-dumping Law (2017) which aims to protect domestic products from imports being sold for less than what is considered fair market value.

 

 

Challenges

 

  • Supporting SMEs in staying competitive given the government’s pursuit of an innovation based economy
  • Promoting the culture of innovation in businesses and SMEs in the UAE.

Achievement Progress

9.2.1

Manufacturing value added per capita at constant 2010 United States dollars