Industrial strategy seeks to position UAE as a global 4IR hub.


The UAE is reviewing a new strategy that seeks to raise the industrial sector's contribution to GDP and boost economic growth, said Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Minister of Energy and Industry.

Speaking at a recent media briefing on the 18th general conference of the United Nations Industrial Development Organisation (Unido), which will take place in Abu Dhabi from November 3-7, Al Mazrouei said the goal is to build a diversified and sustainable knowledge-based economy in which the industrial sector plays a pivotal role led by qualified national cadres.

"The new strategy aims to achieve sustainable development through several pillars, including supporting innovation, efforts to reduce carbon emissions, stress on small and medium enterprises, adoption of Fourth Industrial Revolution [4IR] technologies, sustainable manufacturing, developing advanced skills and establishing partnerships to integrate local businesses into global...

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