UAE is the epicenter for industry in the region. The advancements and developments in this country has shaped and implemented very fast in the last decades.
The governing force for these developments does not seem to stop these development anytime soon. And by the plans and roadmaps that they have set for the near future in UAE it looks they will step on the gas even more.
To continue the industrial revolution, UAE focuses on three emerging technologies. Its pillars are Blockchain an distributed ledger technology, artificial intelligence, and precision medicine.
Fourth Industrial Revolution UAE (4IR) Strategy
The UAE seeks to strengthen the UAE's position as a global hub. It also aims to increase the UAE's contribution to the national economy. This situation will happen through advancements in innovation and future technologies. It also seeks to establish the UAE as a global model for the use of cutting-edge technologies. They will benefit society and achieve happiness and sustainability.
The Strategy's Goals Are as Follows:
- Ensure future water and food supply security. They will do it by leveraging bioengineering and advanced renewable energy technologies.
- Boost economic security. By integrating digital economy and blockchain technologies into financial transactions and service delivery.
- Maximize future use of satellite data in urban planning
- Develop national industries in robotics and autonomous vehicle technologies. Its goal is to develop advanced defense industries.
The strategy outlines the path to achieving the future experience of government services. They provide intelligent and interactive government services to achieve customer happiness. They try positioning the UAE as a model for interactive cities using AI. Their main goal is to achieve sustainability.
The strategy focuses on several key areas. Innovative education, AI, intelligent genomic medicine, and robotic healthcare are a few examples.
- Innovative education will provide smart learning to develop advanced technologies such as science, nanotechnology, and artificial intelligence.
- Adoption of intelligent and personalized genomic medicine will result in personalized medical technologies. It also leads to higher levels of health care and a stronger position for the UAE as a global healthcare hub.
- Robotic healthcare and nanotechnology research will make it easier to apply telemedicine. It will be easier to introduce cutting-edge medical solutions such as wearable technologies.
Center for The Fourth Industrial Revolution: Dubai
The Centre for the Fourth Industrial Revolution in UAE is the region's first affiliate center and a collaboration between the Dubai Future Foundation and the World Economic Forum.
The UAE Centre for the Fourth Industrial Revolution is a global public-private platform. C4IR UAE's aim is to develop technology governance and policy protocols collaboratively.
Each project portfolio operates globally, with each framework tailored to the local ecosystem. Dubai Industrial City is a service ecosystem that includes industrial land. It also contains warehouses, worker housing, commercial office space, showrooms, and open yards.
Challenges of 4th Industrial Revolution in Dubai
The likely challenges other countries faced while strategizing the fourth industrial revolution are not deterring for the Emirates region, which lacks skills and entrepreneurship. The Dubai Future Foundation is attempting to address this issue. They will do it through various initiatives. Education in schools and technology incubators are some of these innovations.
Another challenge the Middle East faces is the financial pressure of a small market. It requires global exports of outsourcing businesses. The Made in the UAE brand has grown in popularity to compensate for the vast potential of the digital transformation companies in the UAE.
The UAE is developing a formidable strategy to strengthen its economy with the help of reformed government policies. The Emirates Centre will continue to play an essential role in elevating the UAE region to international prominence. They try to become a global leader in authorizing Technology Governance Worldwide. The UAE Strategy for Industry 4.0 will advance in tandem with government-launched projects. Private-sector initiatives will also ensure digital business transformation.
Dubai Industrial City
Dubai Industrial City is a district within Dubai Wholesale City. It is one of Dubai's most significant industrial hubs. DIC's goal was to speed up the growth and expansion of the UAE's industrial sector. The light and medium manufacturing sectors focus on food and beverages and base metals. And also transport equipment, mechanical equipment, workshops, logistics, chemicals, and mineral products.
Industrial Areas in Dubai, UAE
The Industrial Area in Sharjah is one of the largest industrial zones in the UAE. It accounts for 16% of the emirate's GDP, trailing only the real estate and commercial sectors. This massive development is divided into 19 sub-divisions, two of which are free zones. The Industrial Area of Sharjah is the second largest industry in the emirate. It contributes to the emirate's economic growth and development.
More than 40 years ago, Sharjah began offering zoning areas for industrial projects. Today, it is a progressive community dedicated to commercial and manufacturing activities. This leading industrialized real estate in the UAE is located in a prime location in the third-largest city, Sharjah. It is near the border that separates Sharjah from Dubai. The Industrial Area location is near the city's waterfront. It allows residents to enjoy the best of both metropolises.
Al Quoz's location is between the Sheikh Zayed and Al Khail roads, with Al Barsha south and Al Wasl north. Al Quoz is divided into two sectors: industrial and residential. It has four subdivisions for each industry. In the industrial sector, Al Quoz 1, 2, 3, and 4 were developed as industrial and labor accommodation areas. An exciting contemporary art scene has emerged among Al Quoz's factories and warehouses in recent years. Warehouses provide the ideal space for exhibition venues. Al Quoz has become a significant hub of contemporary art in Dubai, anchored by the many galleries on Alserkal Avenue.
RAS AL KHOR
Ras Al Khor is one of several industrial areas developed on Dubai's outskirts, and it is divided into three sub-localities: Industrial Areas 1, 2, and 3. Many construction companies and labor accommodation projects are located in Ras Al Khor.
Jebel Ali, once a small coastal village, is now a bustling port town, home to the port of the same name. Jebel Ali is located 35 kilometers southwest of Dubai. It was built to house workers on the port's construction.
The village's fortunes changed in 1985 when the Jebel Ali Free Zone (JAFZA) was established. Since then, JAFZA has become the world's largest free zone area.
It offers international companies free zone benefits. Such as 15 years of corporate tax exemption, no import/export tax, no currency restrictions, and no personal income tax.
Dubai 2030 Industrial Strategy
This strategy seeks to transform Dubai into a "global hub for knowledge-based activities. Innovative industrial activities will improve industrial coherence and integration with other economic sectors, particularly strategic ones, by creating an appealing investment environment through initiatives and incentives. These will improve existing industries while also attracting new ones with competitive capabilities.
The Dubai Industrial Strategy 2030 is a critical component in achieving the goals of the Dubai Plan 2021. It focuses on reinforcing the emirate's position as a global center to make Dubai a preferred destination for various industries and sectors.
The Dubai Industrial Strategy established a strategic vision and five key objectives through 2030. Dubai aims to become a global hub for knowledge-based, sustainable, and innovative industries. Aerospace, Maritime, Pharmaceuticals & Medical Equipment, Aluminium & Fabricated Metals, Fast Moving Consumable Goods, and Machinery and Equipment are the six main subsectors targeted by the strategy.
The five main goals are as follows:
- Engine growth to increase total GDP and value-added manufacturing.
- Knowledge-based innovation to increase knowledge depth and innovation.
- Global business headquarters to establish yourself as the preferred manufacturing platform for multinational corporations.
- Environmentally and energy-efficient manufacturing to Encourage environmentally and energy-efficient manufacturing.
- Adopting Islamic standards creates a focal point for the global market for Islamic products.
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