UAE Launches Initiative to Develop 1,000 Tech Projects

The UAE has launched a national programme to boost the pace of the technological transformation of its industrial and production sector and develop 1,000 technological projects.

The project was announced by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.

The programme includes the establishment of national centres for industrial empowerment and plans to export Dh15 billion ($4.1bn) worth of advanced Emirati technological products a year.

Our goal is a paradigm shift for the automation of the industry,

Sheikh Mohammed said.

Developing the UAE's industrial sector and expanding its manufacturing base are central planks of the country's economic diversification strategy. In March 2021, the UAE launched Operation 300bn, a huge plan to position the country as a global industrial centre by the end of this decade.

The 10-year strategy focuses on increasing the industrial sector's contribution to the country's gross domestic product to Dh300bn by 2031, from last year's Dh133bn.