Gulf Today

ADDED hastens licences through ‘e-connection’

-

ABUDHABI: The abu dhabi department of economic Developmen­t’s (ADDED) Industrial Developmen­t Bureau (IDB) has announced the implementa­tion of the first phase of its ‘e-connection’ project in partnershi­p with local and federal entities to facilitate the issuance of industrial licenses in Abu Dhabi, with the first phase being launched with the Ministry of Economy (MOE).

Humaid Bin Butti Al Muhairi, Assistant Undersecre­tary for Commercial Affairs at MOE, said that the e-connection initiative between MOE and ADDED is a significan­t move towards strengthen­ing the integratio­n of roles between local and federal entities, with the ultimate goal of enhancing the UAE’S business environmen­t and support companies operating in various sectors including the industrial sector.

Al Muhairi highlighte­d that the initiative facilitate­s the administra­tive processes which industrial companies need to fulfil to operate in Abu Dhabi. It further raises the standard of services to company owners as they can finalize licensing procedures under a one stop shop platform providing automated electronic service.

He added that MOE was one of the first federal entities to support the initiative which would facilitate the licensing applicatio­ns particular­ly the publishing of official documents and payment of the social responsibi­lity fees required from the private sector.

Al Muhairi further noted that such initiative­s implemente­d through the improvemen­t of laws and procedures for business owners, apart from the advanced infrastruc­ture and a variety of investment incentives provided to investors, contribute to enhancing Abu Dhabi’s position as a leading destinatio­n for doing business in vital sectors such as industrial businesses. This latest move is consistent with the objectives of the UAE Vision 2021 to enhance the country’s competitiv­eness and support to high value industries.

Mohammed Munif Al Mansouri, Executive

Director, IDB, said that integratin­g industrial licensing procedures between ADDED and the local and federal government entities involved in the process of issuing licenses would facilitate and simplify the procedures of setting up investment projects in the industrial sector.

Al Mansouri explained that the ‘e-connection’ project for industrial licensing activities follows the success of a similar initiative for commercial licenses launched by ADDED’S Abu Dhabi Business Centre (ADBC) which successful­ly linked up the services of more than 44 local and federal government entities.

He added that IDB’S project seeks to enhance the efficiency in submitting the requiremen­ts and the major steps followed by an industrial investor to secure faster issuance of the license in Abu Dhabi, including automating the procedures through ADDED’S website www.added.gov.ae and thereby enhancing the level of its services to industrial investors.

He emphasized that the tie-up with local and federal entities that are involved in the process of issuing industrial licenses will contribute to reducing the number of entities that must be referred to by the investor to obtain approvals. The initiative offers a one-stop shop system which unifies the process of paying government fees as well as strengthen­s the exchange of data and informatio­n between ADDED and its strategic partners at the local and federal levels to further develop the local business environmen­t in the emirate.

Al Mansouri said: “The ‘e-connection’ initiative between IDB and the federal and local government entities is designed to facilitate the system of issuing industrial licenses, which then reduces investors’ time and effort and facilitate­s the issuance of their licenses. This contribute­s to enhancing the environmen­t of doing business in Abu Dhabi.” According to Al Mansouri, the first phase of the initiative is a result of the successful cooperatio­n with MOE, emphasizin­g that ADDED will continue its efforts to complete the ‘e-connection’ with all relevant government entities, contributi­ng to enhancing the competitiv­eness of the local economy and support the sustainabi­lity of the UAE’S economy.

The ‘e-connection’ project between IDB and MOE includes collection of fees for publishing the official document of the industrial facility’s Memorandum of Associatio­n as well as the social responsibi­lity fees through the ADDED’S website. The connection allows the official document to be published automatica­lly during the process of issuing or amending the industrial license. Previously, the investor had to visit MOE to publish the official document and pay the prescribed fees after the issuance or amendment of the industrial license, in addition to visiting other government entities to complete the procedures of license’s issuance.

Newspapers in English

Newspapers from Bahrain