Emirates News Agency – “The Ministry of Industry” connects the industrial and technology sector and investors in the Emirates with their counterparts in Singapore

The sessions focused on the strategies and programs of the Fourth Industrial Revolution in the UAE and the Republic of Singapore.

– The virtual tour facilitated communication between companies, experts and investors.

The tour witnessed the participation of more than 50 participants and they were briefed on the role that technology plays in the industrial transformation of the UAE.

ABU DHABI, 18 May, WAM / The Ministry of Industry and Advanced Technology, in collaboration with the Ministry of Foreign Affairs and International Cooperation, presented a virtual tour of the science and technology system in the UAE to the business community and scientists in Singapore . The virtual tour, held in collaboration with the UAE Embassy in Singapore, reviewed the UAE’s strategy for the Fourth Industrial Revolution, and the opportunities for collaboration in the field of advanced manufacturing.

The virtual tours, launched in 2021, are one of the initiatives of the Ministry of Industry and Advanced Technology designed to help promote the UAE’s presence as a global center for advanced science and technology and a conducive strengthen environment for future industries.

The virtual tours facilitate communication between companies, stakeholders and investors, and provide a platform for stakeholders in the government and private sectors and large national companies to exchange ideas and experiences, in addition to providing information on the scientific and technological capabilities of the UAE, as well as linking emerging Singapore companies with UAE investors.

More than 50 participants took part in the virtual tour, which concluded with a high-level brainstorming session connecting Singapore beginners with Emirati officials, experts and investors, including senior executives of the UAE Defense Technology Group “EDGE” and “Aspire” , the technology program management arm of the Technology Research Council. Developed in Abu Dhabi, and the Mohammed bin Zayed University of Artificial Intelligence.

His Excellency Dr Jamal Abdullah Al Suwaidi, UAE Ambassador to the Republic of Singapore, emphasized that the UAE is Singapore’s largest trading partner in the Middle East. The volume of trade exchanges between the two countries in 2021 has reached a record level of 21 billion Singapore dollars – about 15 billion US dollars – as there are many trade opportunities between the two countries in key sectors, including the digital economy, green economy, food security a smart city.

His Excellency Al Suwaidi added that Singapore had great successes in the Fourth Industrial Revolution. These successes are due to the provision of an integrated economic environment and the application of economic policies and strategies that support the Fourth Industrial Revolution. Therefore, I am pleased to congratulate all the supervisors on the organization of this excellent event, and I would like to confirm that the embassy will continue its initiatives and programs to encourage successful Singapore companies in the field of the Fourth Revolution, with the aims to develop cooperation and exchange experiences with similar companies in the country and strengthen ties and trade relations between the United Arab Emirates and Singapore.

On this occasion, Muhammad Al Qassim, Director of the Department of Adoption of Advanced Technology Development in the Ministry, said that the series of virtual tours is an essential element within the Ministry’s approach to increase the level of cooperation with global peers and interact with experts and investors around the world to benefit the UAE industrial sector. It also contributes to the establishment of successful relationships with leading companies and research institutions, which is reflected in attracting investment to key sectors, and the industrial sector in the UAE can offer a lot at a global level.

He said: “Through initiatives such as virtual tours, the ministry seeks to exchange interaction and knowledge and experiences with relevant stakeholders and various systems around the world.” These initiatives enable us to reaffirm the UAE’s strong position as a platform for cooperation and a regional and global center for science and technology. This initiative contributes to the ministry’s objective of transforming the UAE industrial sector into an engine for sustainable economic growth and innovation.

Al Qassim has focused on the extensive trade, investment and technological relations between the UAE and Singapore, including partnerships in the field of artificial intelligence, the Internet of Things, smart cities, the adoption of fifth generation networks, cyber security and others, where virtual tours has gained great popularity, indicating the enthusiasm of the world community to handle the industrial sector in the Emirates. .

We look forward to organizing more virtual tours with our international partners in the coming months.

The opportunity came on the heels of similar virtual tours offered to improve the technological and scientific system in the UAE for Israeli, Spanish and Korean delegations. The virtual tours are part of the mission of the Ministry of Industry and Advanced Technology to upgrade industrial, technological and research capabilities in the UAE and provide opportunities for further collaboration and growth.

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