By making investments in technology and business, the UAE hopes to grow its industrial sector, boost its domestic value, and position the country as a center for emerging industries on a global scale.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has now introduced a national initiative to quicken the speed of technological change in the industrial and productive sectors.
The program intends to create national industrial empowerment centers and 1,000 technology projects. It also aims to export high-tech UAE products worth $4.8 billion annually.
“Our goal is to bring about a unique leap in industrial automation. Utilization of advanced technology in industries and projects is essential in developing the national economy in partnership with the private sector,” Sheikh Mohammed tweeted.
The program is in keeping with the country’s industrial and high-tech policy. The encouragement of exports to foreign markets and the creation of high-caliber employment opportunities in the sector will improve the reputation of UAE industrial products.