ADNOC Announces Dh200 Billion Investment for Future Projects

May 3, 2026

65 min

May 3, 2026 12:31

ADNOC unveils Dh200b project pipeline to drive next phase of growth

## Major Investment for Growth

ADNOC has announced a significant investment of Dh200 billion ($55 billion) for projects scheduled between 2026 and 2028. This initiative aims to enhance the UAE's manufacturing capabilities and address the increasing global demand for energy.

## Focus on Local Manufacturing

The investment will cover ADNOC's upstream and downstream operations, marking a new phase in project execution. A key component of this plan is the 'Local+' initiative, which prioritizes products made in the UAE. This is part of ADNOC's In-Country Value (ICV) program, designed to boost local manufacturers.

## Strategic Partnerships

The announcement was made at the 'Make it With ADNOC' Forum, which gathered over 400 participants, including government officials and private sector representatives. The forum highlighted ADNOC's commitment to transparency and collaboration with engineering, procurement, and construction (EPC) contractors.

## Future Opportunities

ADNOC plans to launch 'ADNOC Value Connect, meet the buyer' on May 5 and 6. This event will connect local manufacturers, especially SMEs, with key suppliers and EPC contractors, fostering partnerships and strengthening the industrial ecosystem.

## Leadership Vision

Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC's CEO, emphasized the company's focus on growth and resilience. He highlighted the importance of local value creation and the role of UAE manufacturers in ADNOC's projects.

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