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Competitiveness body to boost UAE business

Staff Reporter/Abu Dhabi
Filed on October 1, 2015 | Last updated on October 1, 2015 at 06.51 am

The establishment of the FCSA supports the goals of the UAE Vision 2021, a strategic roadmap to make the UAE among the best countries in the world by 2021.

The President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, has issued a decree to establish the Federal Competitiveness and Statistics Authority (FCSA), under the UAE Cabinet.

As per Federal Decree No. (6) for the year 2015, the new authority - to be based in Dubai - effectively replaces the National Bureau of Statistics and the Emirates Competitiveness Council, by integrating the functions of both the entities.

As per the decree, the authority will work to strengthen the UAE's position across all global competitiveness indicators, as well as promote sustainable development, in addition to serving as the apex body that organises and manages the statistics and competitiveness sectors. The authority is also mandated to build an integrated national statistical system.

The establishment of the FCSA supports the goals of the UAE Vision 2021, a strategic roadmap to make the UAE among the best countries in the world by 2021.

Seeking to support the UAE's competitiveness indicators, the new authority will undertake an array of functions to achieve its goals. The functions of the authority include proposing policies, strategies and plans for statistics and competitiveness in coordination with the government and the related entities, as well as evaluating international best practices in all areas of the statistics and competitiveness sectors.

The FCSA will also work to promote a culture of competitiveness, and provide training and support to all government entities for the advancement of statistics and competitive operations.

The FCSA will also represent the nation at various international forums in the field of statistics and competitiveness. It is entrusted with a larger vision and wider tasks to make significant changes in strategies to strengthen the efforts of the UAE to increase its competitiveness, especially through information and data revolution.

As per the decree, the authority is the first and only official reference for all matters related to competitiveness for global reports and surveys. It will be also a source of official statistics regarding the nation.

reporters@khaleejtimes.com





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