UAE launches tech programme, $4.1bn Emirati products to be exported annually

UAE launches tech programme, $4.1bn Emirati products to be exported annually

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Pubblicato il 13 Ottobre 2022

The new initiative, in line with the nation’s aim to be a global industrial centre by 2031, is poised to ensure the technological transformation of the industrial sector

The UAE has launched a new national programme, as part of its efforts to accelerate technological transformation in the industrial and production sector.

The programme falls in line with the nation’s aim to place the Emirates as a global industrial centre by 2031.

The new project will ensure the development of 1,000 technological projects, UAE Vice President and Ruler of Dubai, Sheikh Mohammed bin Rashid wrote on Twitter on Wednesday.

The programme will include the establishment of national centres for industrial empowerment. Additionally, the plan will also include the export AED 15 billion ($4.1 billion) worth of advanced Emirati technological products a year, and also the development of 1,000 technological projects.

“Our goal is a paradigm shift for the automation of the industry,” Sheikh Mohammed said via Twitter.

The 10-year programme is also aimed at “primarily contributing AED110 billion to the NDP,” WAM said, adding that the country will also invest AED11 billion in advanced technology, “in addition to nurturing Emirati talent across advanced technology projects”

The programme will be set in motion through the launch of five initiatives:

  • Fourth Industrial Revolution Index
  • Industrial Empowerment Centres
  • Advanced Technology Incentives
  • Future Plant Award
  • Experiemntal Ecosystem for Testing Advanced Technology

“Through advanced technology, we see opportunities to achieve our national priorities and ambitions for the next fifty years. The programme will make it possible for technology developers, entrepreneurs and emerging technology firms to experiment with technology in the UAE and transit from it for global transformational projects with a tangible impact,” Sheikh Mohamed said.

Adding to this, the UAE minister of industry and advanced technology Dr. Sultan bin Ahmed Al Jaber said, “The technology transformation programme is one of the transformational projects launched by the UAE government, which establishes a fresh era for development in the next 50 years, to consolidate the country’s position regionally and globally in all sectors.”

SOURCE: arabianbusiness.com

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