ABU DHABI, 16th February, 2022 (WAM) The Ministry of Industry and Advanced Technology (MoIAT) has successfully overseen a historic rise in industrial exports from the UAE to foreign markets, which amounted to approximately AED120 billion (US$32.6 billion) in 2021. This coincided with a major surge in factories commencing production in 2021, with 220 new facilities going into service. Also, the National In-Country Value (ICV) Programme, launched to redirect spending by public entities and major companies under its umbrella to the UAE economy, has succeeded.