Money and business

"Industry" Expect an agreement with "Novintic" World support 20 factories with the 4th Industrial Revolution technologies

Abu Dhabi, May 22 / WAM / The Ministry of Industry and Advanced Technology signed a strategic memorandum of understanding with the international company “Nouvantic”, with the aim of supporting and accelerating digital transformation in the national industrial sector.

The partnership includes developing up to 20 national factories and converting them into leading factories through the applications of the Fourth Industrial Revolution (4.0).

The signing of the Memorandum of Understanding comes on the sidelines of the activities of the fourth session of the “Maken in the Emirates 2025” platform, which concludes its work today at the Abu Dhabi National Exhibition Center.

For its part, Noventiq will contribute with services of 3 million AED to support the Fourth Industrial Revolution Applications Program (4.0).

The agreement was signed by His Excellency Omar Sawind Al -Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology, and on the part of the international company “Nouvantic” Sergei Chirinovolinko, President and Executive Officer of Operations.

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