Abu Dhabi's Latest 'HELM' Cluster To Create 30,000 Jobs By 2045 (image-X/@DoHSocial)
During the Abu Dhabi Global Health Week, the authorities had announced the launch of a new initiative called HELM, an economic cluster of life science facilities in Abu Dhabi’s Masdar City. The new well-being cluster, spearheaded by the Abu Dhabi Department of Economic Development (ADDED), Abu Dhabi Investment Office, and the Department of Health, is said to create approximately 30,000 new jobs by 2045.
As per the Gulf News report, the cluster is said to contribute more than Dhs 94 billion to Abu Dhabi’s GDP, and moreover, the project is said to attract investment exceeding Dh 42 billion.
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The cluster, which has been approved by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, aims to cement the emirate’s position as a pioneering hub for medical innovation, pharmaceutical industries, and biotechnology.
The HELM – Health, Endurance, Longevity, and Medicine – will serve as the integrated platform for the research, development, manufacturing, and commercialisation of biotechnology, as well as the development of new medicines, MedTech, and digital health solutions.
The cluster, which has been approved by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, aims to cement the emirate’s position as a pioneering hub for medical innovation, pharmaceutical industries, and biotechnology.
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The cluster is said to be the third in a series of economic clusters launched by ADIO to accelerate the emirate’s economic diversification. Earlier, in 2023, yet another cluster known as Smart and Autonomous Vehicle Industries (SAVI) was launched, and it is now advancing the commercialisation of future mobility platforms, such as electric vertical take-off and landing aircraft. Yet another initiative was the AgriFood Growth and Water Abundance (AGWA) cluster in 2024, which is now tackling global food security and water sustainability challenges.
