United Arab Emirates Smart Manufacturing Initiative
News
- 19 July 2024
- 123 Views
- Source: trade.gov
19Jul
The UAE has launched the Smart Manufacturing Initiative as part of Abu Dhabi’s broader Industry 4.0 strategy. This initiative seeks to revolutionize manufacturing through digital transformation, targeting a 30% increase in production by 2031.
Key Objectives
- Enhanced Digital Integration: Collaborate with global tech leaders to accelerate digital adoption across UAE factories, focusing on sectors like electronics, pharmaceuticals, and food production.
- Economic Impact: Aim to boost the UAE's GDP by $6.8 billion, positioning it as a leading player in smart manufacturing.
Support and Funding The initiative offers new financing avenues through commercial banks to support local manufacturers in adopting cutting-edge technologies, making factories safer, more automated, and efficient.
Get Involved Manufacturers and tech companies are encouraged to participate in this transformative project. For more details and registration, visit UAE Smart Manufacturing Initiative.