Lt. General Hamad Mohammed Thani Al Rumaithi, Chief of Staff of the UAE Armed Forces, lauded the contributions made by Tawazun Economic Council to the development of the UAE defense industry throughout the past 25 years, UAE national news agency WAM reported.
In a statement made to mark the Council’s Silver Jubilee anniversary, Al Rumaithi said its investments in defense industries have helped meet requirements of the UAE Armed Force in terms of military equipment, systems and technology.
“Tawazun Economic Council has established a solid foundation for national defense industries, leading to world class products, including weapon systems and ammunition.” he added.
He also said the Council succeeded in developing Emirati capabilities in defense manufacturing and enabled several national defense companies to become leading suppliers for the armed forces.
Al Rumaithi praised the strong cooperation between the UAE Armed Forces and Tawazun Economic Council, particularly in the research and development fields.
He also applauded the Council’s role in facilitating the flow of Foreign Direct Investment and technology transfer in defense and security industries.
For his part, Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State, said: “Tawazun Economic Council has presented a successful model for implementing the UAE leadership's vision for strategic partnerships and for driving the economic and social development”.
“Tawazun Economic Council created successful projects in the fields of energy, petrochemicals, renewable energy, ship building, infrastructure, research and developments. Under the wise leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the Council has contributed significantly to positioning the UAE as a leading country in key industries,” Dr. Al Jaber continued.
He added that the Council has succeeded in building a generation of highly qualified Emiratis, drawing from the vision of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, for active and value-added industrial sector in the UAE.
He extended greetings to His Highness Sheikh Mohamed bin Zayed on the 25th anniversary of the Council, which was established as a pioneering initiative that has contributed to the drive for a diversified and knowledge-based economy.
He also congratulated his former colleagues in Tawazun Economic Council, a platform that, he said, has helped turn innovative concepts into a tangible reality.