The program generates high economic value and creates social and strategic benefits to the UAE. The Tawazun Economic Program develops new projects that contribute to the wider industry ecosystem. It enables a diverse approach to technology transfer that addresses the actual needs of industry and the end users.
The Tawazun Economic Program
The Tawazun Economic Program aims to:
Attract local and foreign capital
Promote long-term partnerships
Create opportunities in identified strategic sectors in the UAE
Defense and Security Development Fund
The Defense and Security Development Fund was established by Tawazun as an enabler that contributes to the economic development of the UAE’s Defense and Security industry. The Fund focuses on strategic technology development, supports SMEs in the private sector and promotes innovation and industrial capabilities.
The fund, realizing its industry objectives, contributes to the growth of the defense and security industry across three key segments: