UAE Business: UAE inks deal with 12 industry champions to kick-start 4IR programme – Gulf Digital News

UAE Business: UAE inks deal with 12 industry champions to kick-start 4IR programme – Gulf Digital News

The UAE’s Ministry of Industry and Advanced Technology has signed agreements with 12 industrial entities and also the economic development departments of Abu Dhabi, Dubai and Ajman to kick-start the newly-announced Fourth Industrial Revolution Programme, known as (UAE Industry 4.0).

 

Launched as part of Projects of the 50 earlier this month, "UAE Industry 4.0" is designed to accelerate the integration of 4IR solutions and applications across the UAE’s industrial sector, enhancing the UAE’s overall industrial competitiveness, driving down costs, increasing productivity and efficiency, enhancing quality, improving safety and creating new jobs.

 

The MoU signing was witnessed by Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, Sarah Bint Yousef Al Amiri, Minister of State for Advanced Technology and Omar Suwaina Al Suwaidi, Under-Secretary of Ministry of Industry and Advanced Technology.

 

As a key pillar of the UAE’s Operation 300Bn, which aims to increase the contribution of industry to national GDP to AED300 billion in ten years, "UAE Industry 4.0" aims to increase industrial productivity by 30 percent and add AED25 billion to the national GDP.

 

It will do so through a number of core elements, including the establishment of the Champions 4.0 Network, in which leading local and international companies will unite