Abu Dhabi's Smart Vehicle Cluster will Create Thousands of Jobs and Contribute Billions to the Economy of the UAE

Abu Dhabi's Smart Vehicle Cluster will Create Thousands of Jobs and Contribute Billions to the Economy of the UAE

By Staff Writer, 12 October 2023

Abu Dhabi plans to establish the Smart & Autonomous Vehicle Industries (SAVI) cluster, projecting a significant boost of up to 120 billion UAE dirhams ($32.67 billion) to the UAE economy and the creation of about 50,000 new jobs.

The SAVI cluster is designed to revolutionize the advancement of smart and autonomous vehicles across air, land, and sea, as reported on Zawya.

This strategic move aligns with Abu Dhabi's commitment to expanding investments in advanced industries, aiming to bolster global competitiveness while embracing sustainability.

Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan has emphasized the importance of nurturing local talent, attracting international expertise, leveraging cutting-edge technologies, and establishing a conducive ecosystem to drive growth in this sector.

The UAE is gearing up to host COP28, the annual climate summit in December, and is actively pursuing sustainability across sectors.

The Abu Dhabi Transportation Mobility Management Strategy (TMM) aims to increase sustainable transportation usage by 2030.

Additionally, the Dubai Autonomous Transportation Strategy plans to shift 25% of transportation in the emirate to autonomous mode by 2030.

Related Report

Dubai’s Digital Economy and Startup Ecosystem

Dubai’s Digital Economy and Its Expanding Startup Ecosystem

Dubai’s startup ecosystem will have raised over USD 2 billion by the end of 2022, with self-employed and digital economy roles tripling. Few MENA markets have a 20-year-old startup ecosystem birthing multiple unicorns. Dubai has been the digital startup hub for tech giants and new unicorns alike. Since 2017, Dubai has raised 96% of UAE’s funds, totaling over USD 2 billion by October 2022. LinkedIn data shows a booming digital economy job market with increasing opportunities and remote work options. Learn from top home-grown startups and global transplants why Dubai is poised to become the next digital economy capital of the world.

Subscribe To Our Newsletter

Stay up to date with the latest news, special reports, videos, infobytes, and features on the region's most notable entrepreneurial ecosystems