Growth in innovation-based economy - GulfToday

Growth in innovation-based economy

Economy

Officials during the Annual Investment Forum.

Business Bureau, Gulf Today

The Sharjah Research, Technology and Innovation Park (SRTI Park) participated in the Annual Investment Forum (AIM) 2019 to discuss the park’s rapid growth towards creating an innovation-based economy by supporting applied scientific and technological research to carry out investment activities.

The park’s unique vision was highlighted and why it is the preferred placed for investors and international companies working for the following sectors: Water Technology, Renewable Energy, Environmental Technology, Transportation Technology, Digitization, Industrial Design and Architecture.

During AIM 2019, SRTI Park’s platform attracted a great deal of attention from visitors, participating leading companies in the fields of innovative technology and international media.

AIM is the largest global investment gathering showcasing up-to-date information, strategies and knowledge on attracting FDI.

As the new kind of investment destination in Sharjah, SRTI Park, an initiative of the American University of Sharjah Enterprises (AUSE), is committed towards positioning itself as a premier research and innovation hub in the UAE.

Established in 2016 by royal decree of His Highness Sheikh Dr. Sultan Bin Muhammad Al Qasimi, Member of the Supreme Council of the UAE, and Ruler of Sharjah, United Arab Emirates, SRTI Park aims to develop and manage an innovation ecosystem within a free zone that promotes R&D and supports enterprise activities and the triple helix collaboration of industry, government, and academia.

Sharjah has more than 21 industrial areas, and it can utilise this by collaborating in the fields of smart industries related to robotics and artificial intelligence.