UAE: New decade of industrial development, leadership in future industries

  • Date: 13-Oct-2022
  • Source: Emirates News Agency
  • Sector:Industrial
  • Country:UAE
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UAE: New decade of industrial development, leadership in future industries

ABU DHABI, 13th October, 2022 (WAM) -- The Technology Transformation Programme launched by the UAE is the start of a new decade of industrial development based on advanced technologies.

Related technological transformation initiatives include the Fourth Industrial Revolution Index, Industrial Empowerment Centres, Advanced Technology Incentives, Future Plant Award, and Experimental Ecosystem for Testing Advanced Technology.

The UAE has realised the importance of digital transformation and is looking forward to an industrial future based on technology, to ensure its sustainability, empowerment and competitiveness and enable it to become one of the most advanced countries in this area.

The UAE has established the foundations of research and development, according to the highest international standards, to enhance its stature as a leading global hub for future industries and one of the most influential countries in science and technology.

The UAE aims to enhance its international stature in the Fourth Industrial Revolution and is working to create a competitive national economy based on knowledge, innovation and future technological applications.

Since the launch of the strategy of the Ministry of Industry and Advanced Technology (MoIAT), the ministry has focussed on further utilising advanced technologies in the industrial sector, especially in priority industries.

The strategy includes over 16 initiatives and projects aimed