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15 July 2021
The Fourth Industrial Revolution (4IR) and the rapid advancement of disruptive technologies including artificial intelligence (AI), robotics, and blockchain, have shown the potential to significantly transform the economic landscape around the world.
Research has shown that AI technology can increase GDP by up to 26% in the next decade. Digitalisation will also help achieve sustainable growth in the long term, in line with the Shared Prosperity Vision 2030.
The National 4IR Policy outlined several targets for 2030:
In April 2021, the Cabinet announced that investment policy reforms will be rooted in the National Investment Aspirations (NIAs), namely: