Tawazun Economic Council reveals new offset policy successes

17 September 2019

The United Arab Emirates' defence offset organisation Tawazun Economic Council (TEC) has revealed that seven projects have been executed since the launching of a new offset policy in February.

A further 10 projects are at the conceptual evaluation stage by TEC, with undisclosed offset obligors.

Progress on two programmes to support the new offset policy launched in February - the Sustain and Enhance Emiratisation in Defence and Security (SEEDS) programme and the TEC Project Bank - were also outlined at the TEC's Defence Contractor's Council (DCC) held in London on the sidelines of the 2019 DSEI event.

Under the SEEDS programme, offset obligors provide capability development and job placement opportunities to Emirati nationals to strengthen the country's capabilities.

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