Media ININ Economy We Trust
Media IN ABU DHABI, 6th July, 2019 (WAM)
Badr Al-Olama, Head of the Organising Committee for the Global Manufacturing and Industrialisation Summit, GMIS, 2019, said that the UAE has a position as the global capital for the 4th Industrial Revolution, 4IR, and is leading the world charge to crystallise a future strategy for manufacturing and industrialisation.
The UAE is encouraging international efforts towards an industrial transformational approach that caters to demands of the global economy and future generations.
In a statement to the Emirates News Agency, ahead of the launch of the 2nd GMIS in Russia, said that given its strategic location, the UAE has become the first choice for global industrialists.
The Global Manufacturing and Industrialisation Summit was established in 2015 to build bridges between manufacturers, governments and NGOs, technologists, and investors in harnessing the Fourth Industrial Revolution’s transformation of manufacturing, to enable the regeneration of the global economy.
According to Badr Al-Olama, the GMIS has expanded its network of partnerships to 33 major world companies such as Mubadal Investment Co., Siemens, GE, IBM, Tawazun Holding L.L.C., Honeywell and PwC as well as 22 international industrial organisations.
The UAE Government launched the ”UAE Strategy for Artificial Intelligence” to mark the post-mobile government phase which will rely on various future services, sectors and infrastructure projects.
The strategy is first of its kind in the region and the world and it aims to: make the UAE the first in the field of AI investments in various sectors; achieve the objectives of UAE Centennial 2071; boost government performance at all levels; use an integrated smart digital system that can overcome challenges and provide quick efficient solutions and create new vital market with high economic value.
The 2019 summit will continue to intensify the impact of innovation and Fourth Industrial Revolution technologies on the global manufacturing sector through the worldwide dissemination of knowledge, best practices and standards, while highlighting the role of manufacturing in enabling global prosperity through advancing the Sustainable Development Goals,SDGs, of the United Nations.
