2022 2023 Value of offtake agreements for local manufacturing ($ billion) (cumulative) 6.8 16.9 Value of offtake agreements We partner with the Emirate Talent Competitiveness Council on the governments Nafis program. Nafis is aimed at increasing the competitiveness of UAE national talent and empowering them to find jobs in the UAEs private sector. We organize dedicated career events to support UAE nationals in their job search by helping them connect to private sector companies. Since 2022, ADNOC has hosted eight career exhibitions, facilitating more than 4,000 interviews in collaboration with over 130 of our strategic suppliers. In 2022, we supported the launch of the Make it in the Emirates program. Under the guidance of the UAE Ministry of Industry and Advanced Technology (MoIAT), Make it in the Emirates focuses on the local manufacturing of products, attracting foreign direct investment to the UAE and developing UAE-based manufacturing capacity and capabilities. In our procurement pipeline we aim to locally manufacture over 100 products, worth $19 billion (AED70 billion), by 2027. Since 2022, we have signed agreements for local manufacturing opportunities with UAE and international companies worth $16.9 billion (AED62 billion). Many agreements are facilitated through Make it in the Emirates events, organized in 2022 and 2023 together with MoIAT and the Abu Dhabi Department of Economic Development (ADDED). At the 2023 event Investment, Sustainability, Growth visited by over 5,000 attendees, UAE companies committed to $32.7 billion (AED120 billion) worth of investments. Our investments in UAE-based manufacturing reduce the need to import finished or semi-finished goods, which reduces transport-related CO 2 emissions. We also promote the use of locally produced raw materials where possible, to fully eliminate the need for imports. 67 Energy for Life
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