Abu Dhabi: The UAE’s Ministry of Industry and Advanced Technology (MoIAT) today signed Memoranda of Understanding (MoUs) with 12 industrial entities – who will form the Champions 4.0 Network – and the Departments of Economic Development of Abu Dhabi, Dubai and Ajman to kick-start the newly-announced Fourth Industrial Revolution Programme, known as “UAE Industry 4.0”.

The MoU signing was witnessed by Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, Sarah Bint Yousef Al Amiri, Minister of State for Advanced Technology and Omar Suwaina Al Suwaidi, Under-Secretary of Ministry of Industry and Advanced Technology.

Launched as part of Projects of the 50 earlier this month, “UAE Industry 4.0” is designed to accelerate the integration of 4IR solutions and applications across the UAE’s industrial sector, enhancing the UAE’s overall industrial competitiveness, driving down costs, increasing productivity and efficiency, enhancing quality, improving safety and creating new jobs.

As a key pillar of the UAE’s Operation 300Bn, which aims to increase the contribution of industry to national GDP to AED300 billion in ten years, “UAE Industry 4.0” aims to increase industrial productivity by 30 percent and add AED25 billion to the national GDP.