The UAE has strong qualifications that make it an ideal place for localizing technological sectors in the region and Africa. This is due to a robust infrastructure, an investment climate, ease of doing business, government support, national strategies, support for startups, access to global markets, a pool of qualified specialists, and specialized educational institutions.
The UAE follows an inclusive localization strategy for contemporary technological sectors to support its knowledge economy. It aims for self-sufficiency, obtaining both direct and indirect financial benefits from establishing strategic global partnerships.
The Emirates have launched numerous national strategies and initiatives aimed at consolidating its regional and global status in the field of localization of contemporary technological sectors. A key program is the "300-billion-dirham project," focused on advanced technology.
The national strategy for industry and advanced technologies "Industry 4.0" aims at implementing technologies from the fourth industrial revolution, such as artificial intelligence, robotics, 3D printing, and in industrial production.
The UAE considers itself a leader in the field of artificial intelligence and robotics for use in manufacturing, healthcare, and safety. They are also working on the development of the pharmaceutical industry, biotechnology, and localization of the production of medicines, particularly biological products and vaccines.
For the localization of renewable energy production and ecological technologies, the UAE actively invests in solar panels, energy storage technologies, green hydrogen, Internet of Things, and smart grids.
The labor process in the UAE is directed towards diversifying the economy, creating new sources of income based on technology and innovations, which corresponds to the 2071 strategy. This also facilitates the provision of job opportunities for local talents and stimulates the employment of Emirati specialists in engineering, artificial intelligence, renewable energy, etc.
Through the localization of advanced technological sectors, the UAE aims to increase GDP, accelerate economic growth, increase the contribution of the industrial sector to the economy, enhance non-oil exports, create high-paid jobs, particularly in startups and entrepreneurial activities, and strengthen the country’s status as a key destination for companies and researchers in technological sectors.
