The launch of the National Defense Companies Council, came to improve communication with national
companies operating in defensive sectors, identify their requirements and promote a culture of transparency
between Tawazun Economic Council and private sector companies. Also the launch aims to develop local capacities
within the manufacturing sector to reach new horizons, which is beneficial to UAE’s economy in general and
private national institutions in particular.
The establishment of this Council coincides with the economic diversification
arrangements taking place in our country, the development of the private sector and the expansion of its
roles and priorities.
The establishment of the Council also comes to achieve Tawazun Economic Council
goals, which was founded in 1992 with a view to achieve visions of a sustainable economic and social development
of the United Arab Emirates, focusing on procedures to contribute to the construction of industrial efficiencies
and the development of projects in areas of defense and aviation.