UAE National Cluster Strategy
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- Regulation of Competition
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UAE National Cluster Strategy
Empowering Innovation, Shaping the Future
UAE National Cluster Strategy
An economic cluster is a geographic concentration of interconnected companies, specialized suppliers, service providers, firms in related industries, and associated institutions - such as research institutions, standards agencies, and trade associations - operating from within the boundaries of a specific field. Economic clusters drive innovation, enhance productivity, and foster collaboration, creating competitive advantages for businesses and regions.
The UAE has embarked on an ambitious journey to reshape its economy through the National Cluster Strategy, a visionary initiative aimed at driving growth across key sectors. By fostering collaboration among industries, government entities, academic institutions and research organizations, the strategy seeks to create an environment where innovation and competitiveness flourish. At its core, the National Cluster Strategy aligns with the UAE’s broader vision for economic diversification, to develop robust industries capable of competing on the global stage.
UAE National Cluster Strategy
- Financial Services
- Hospitality and Tourism
- Aerospace and Defense
- Analytics, Communications, Services, and Equipment
- Food Sector
Advantages of Clustering
Enhanced Collaboration
Clusters bring together companies, research institutions, and government bodies, enabling better collaboration across the value chain.
Access To Innovation and R&D
Through fostering connections with research facilities and universities, companies operating within clusters have easier access to cutting-edge innovations, which helps them stay competitive.
Enhanced Market Access
Clusters facilitate connections with international markets, enabling local companies to expand beyond borders more easily.
Resource Efficiency
The sharing of resources such as knowledge, technology, and talent within a cluster can lead to more efficient operations and cost savings.
Government Support
Cluster initiatives often attract significant government backing, providing companies within the cluster access to funding, incentives, and regulatory support.
The National Clusters strategy: Empower and transform
- Drive 7% annual GDP growth
- Facilitate cross-emirates collaboration
- Boost trade and investment
- Raise talent and productivity
- Boost economic diversification
Key milestone achievements over the next five years:
- AED 20 to 30 billion annual growth in national GDP
- Average annual GDP growth of 7%
- AED 15 billion growth in UAE’s foreign trade value
- 20,000 new jobs
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Page was last updated on:
19 Apr 2025 6:39:29 AM