UAE signs deal with 12 industry champions to launch 4IR program


The UAE Ministry of Industry and Advanced Technologies has signed agreements with 12 industrial entities as well as with the economic development departments of Abu Dhabi, Dubai and Ajman to launch the new program of the fourth industrial revolution, known as (UAE Industry 4.0).

Launched as part of the 50 projects earlier this month, “UAE Industry 4.0” is designed to accelerate the integration of 4IR solutions and applications in the UAE industrial sector, improving the UAE’s overall industrial competitiveness, by reducing costs, increasing productivity and efficiency, improving quality, improving safety and creating new jobs.

The signing of the MoU took place in the presence of Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technologies, Sarah Bint Yousef Al Amiri, Minister of State for Advanced Technologies and Omar Suwaina Al Suwaidi, under -secretary of the Ministry of Industry and Advanced Technologies.

As a key pillar of the UAE 300 billion operation, which aims to increase industry’s contribution to national GDP to AED 300 billion in ten years, “UAE Industry 4.0” aims to increase industrial productivity by 30% and add 25 billion AED to the national GDP.

It will do this through a number of key elements, including the creation of the Champions 4.0 network, in which leading local and international companies will come together to share best practices in the deployment of 4IR technologies in the UAE industrial sector. United Arabs.

Participating entities include Abu Dhabi National Oil Company, Edge, Honeywell, Unilever, Ericsson, Schneider Electric, Emirates Global Aluminum, Microsoft, Cisco, SAP, Aveva and Siemens.

The Champions Network will then support the creation of 100 “flagships”, or WEF-ranked I4.0 organizations, by 2031, while cultivating the optimal business environment to establish or attract 500 technology companies by the same year.

These flagship companies will help boost productivity, innovation and efficiency in their respective sectors. Another key pillar of the network is a program that will identify, assess and then assist 200 companies ripe for the transformation of Industry 4.0.

Dr Sultan Al Jaber said: “In line with the vision of our leaders, the Ministry of Industry and Advanced Technologies is focused on increasing the contribution of the industrial sector to the national GDP, enabling economic diversification and transformation towards a knowledge-based economy. dynamic industrial sector, which has contributed significantly to our rapid economic development. And with the collaboration between our public, private and academic sectors, we have fostered a favorable industrial ecosystem.

“UAE Industry 4.0 will build on these skills to accelerate the process of economic diversification already underway. Fourth Industrial Revolution technologies have the potential to strengthen our core industries, develop national production capacity and create new ones. capabilities to meet the needs of the future. “

He added: “As the UAE embarks on the next 50 years, UAE Industry 4.0 will be crucial for the country’s continued competitiveness on the global stage and its position as an incubator of pioneering ideas and new industries. “

This one-of-a-kind program in the Middle East will focus on two parallel strands: establishing a base for technology within existing industries in the UAE and fostering the development of new technology-intensive industries.

Sarah Al Amiri said: “UAE Industry 4.0 is the cornerstone and the first step on which we seek to advance the domestic industrial sector and enable comprehensive and sustainable economic growth.”

“From the start, UAE Industry 4.0 was designed to build on our existing strengths, including UAE I4.0 regulations and agile policy framework, various anchor industries and world-class ICT infrastructure. , while leveraging partnerships across sectors and industries to capture the promise of the Fourth Industrial Revolution, ”he said.

As such, the inclusive and partner-based program is designed to create initiatives that raise awareness, encourage the sharing of knowledge and information, stimulate the development of talents and skills and, most importantly, provide incentives and access funding through relevant entities such as the AED 5 billion recently allocated by the UAE Development Bank for advanced technology, ”he added.TradeArabia News Service

About Tammy N. McFarlane

Check Also

Tecom IPO price range announcement; subscription opens

Tecom Group, a member of the Dubai Holding group and owner, manager and operator of …

Leave a Reply

Your email address will not be published.