Abu Dhabi Economy: Starting the implementation of a smart project to facilitate the transition towards industrial revolution applications

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Abu Dhabi – Mubasher: The Abu Dhabi Department of Economic Development, represented by the Industrial Development Bureau, announced the start of the implementation of the “Smart Manufacturing” project, which supports industrial companies in adopting new technological and technical solutions in the fields of manufacturing..

The project aims to develop and improve the productivity of industrial companies in the Emirate of Abu Dhabi, accelerate the growth of business and contribute to building technical capabilities and technical skills for workers in the industrial sector, thus enhancing the competitiveness of the industrial sector in the Emirate, according to a press release..

Rashid Abdul Karim Al Balushi, Undersecretary of the Department, stressed that the “Smart Manufacturing” project is one of the important strategic initiatives for Abu Dhabi’s economy, which aims to encourage industrial establishments in the emirate to adopt the applications of the Fourth Industrial Revolution, by providing new financing solutions through banks and commercial banks to support the transformation process. Factories and their transition to a new stage based on the technologies of the Fourth Industrial Revolution. The initiative also provides opportunities for advanced technology companies to provide their services to the industrial sector..

He added that the project has identified a number of performance indicators that ensure the achievement of its objectives, the most important of which is the increase in financing opportunities by local banks and banks that finance industrial facilities with a focus on industrial sectors with high added value, in addition to implementing a number of awareness programs and workshops for targeted industrial facilities in Emirate.

He stressed that the smart manufacturing project would contribute to enhancing the efficiency of industrial facilities in the Emirate of Abu Dhabi, enhancing their contribution to the emirate’s gross domestic product, in addition to increasing its competitiveness regionally and globally by moving to a new stage based on the standards of the Fourth Industrial Revolution in line with technical and technological development, especially In the major industrial country.

Muhammad Munif Al-Mansoori, Executive Director of the Industrial Development Bureau, said that the office will begin next November to receive applications for registration of industrial establishments in the program, so that they are subject to technical evaluation processes by the Industrial Development Bureau according to the criteria set for the smart manufacturing project, so that the applications will then be included through The financial platform for the integrated services system “Tamm“.

He pointed out that the project targets a number of industrial sectors, namely food industries, chemical industries, electronic and electrical industries, pharmaceutical industries, and transportation industries..

Al Mansouri stated that the smart manufacturing project focuses in its first phase on new and existing industrial projects, especially small projects whose annual returns are less than 50 million dirhams and the number of employees from 10 to 100 employees, in addition to medium projects whose annual returns are less than 250 One million dirhams, and the number of its employees ranged from 101 to 250.

He said that one of the most important criteria of the smart manufacturing project is that the industrial facility has a technical evaluation that focuses on its readiness to adopt smart manufacturing, as this indicator allows the implementation of a practical analysis of the three foundations of the Fourth Industrial Revolution, which are operations, technology, and the organizational structure of the facility.

He pointed out that the technical evaluation process implemented by the office contributes to enhancing the understanding and awareness of industrial establishments of smart manufacturing standards, clarifying the status of each facility separately and its ability to qualify and move to the smart manufacturing stage.

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