MoIAT Presents First 13 Technology Transformation Program Projects
The Ministry of Industry and Advanced Technology (MoIAT) announced the launch of the first 13 of 1,000 technology projects that will be implemented under the recently announced Technology Transformation Program.
Launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the program is designed to supercharge the UAE’s industrial transformation and help turn the country into a global hub for Fourth Industrial Revolution technologies.
The new projects, revealed at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2022, are being executed by major national and international champions, such as Etisalat, Cisco, PTC, Oryx Data, and One Moto.
The companies are proactively accelerating the pace of technological transformations across the UAE’s priority sectors, contributing to the development of a knowledge- and innovation-based economy.
The program will attract major international companies to test innovations in the country’s supportive environment, reinforcing the UAE’s position as a leading destination for tech and innovation.
H.E. Sarah Al Amiri, Minister of State for Public Education and Advanced Technology said: “The launch of this program represents the beginning of a new phase of national competitiveness and sustainable industrial growth in the UAE, enabled and driven by R&D and advanced technology.”
“At the Ministry of Industry and Advanced Technology, we have a clear roadmap for the next 10 years. It is a decade in which the UAE will further enhance its position as a global hub for science, technology, and innovation, in line with our leadership’s vision.
"Our partners are key to this journey and we are committed to exploring collaborations with all companies that seek to join the UAE in its bold technological and industrial transformation.”
The new projects will have a significant impact on the companies in which they are implemented. By leveraging advanced technologies and Fourth Industrial Revolution solutions, businesses will be able to significantly reduce energy consumption and wastage, and enhance efficiency.
The Technology Transformation Program also presents an opportunity for national and international champions looking to play a leading role in the country’s industrial journey.