Sharjah: - 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.
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 utilize this by collaborating in the fields of smart industries related to robotics and artificial intelligence. Smart industries are part of the Fourth Industrial Revolution in the world and Sharjah plans to lead in this through research, development and innovation. Its vision is to become one of the smartest cities in the world.
His Excellency Hussain Al Mahmoudi, SRTI Park’s CEO, said: "This (AIM) is an important and vital platform that brings together all investment leaders from the region and the world in one room.
SRTI Park is working to build a scientific technological base to promote the development of water technologies, renewable energy, environmental and transport technology, IT and digitization, production design and architecture.
The park is the reflection of the vision of His Highness Sheikh Dr. Sultan Bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, to establish Sharjah as the capital of education, scientific research and innovation through an ambitious strategic plan of the American University of Sharjah (AUS).
We are striving to attract different types of investments in modern industries which will contribute to the development of a number of vital topics such as transportation, agriculture, construction and other sectors, and a different innovative concept to embody the role of Sharjah as a global center for research and innovation investments.”
What distinguishes SRTI Park from the others is its presence in an integrated and comprehensive University City. There are several universities in this University City, with more than 47,000 students and 2,000 PhD students.
The aim of SRTI Park is to provide an environment conducive to creativity and innovation by creating an attractive and sustainable park with world-class infrastructure and services, supporting, promoting and developing the innovation system and to enhance the Emirate's status as a global destination in the fields of research and technology.
For more information:
Yacoub Al Tahtamouni | Public Relations Specialist
Business Development Department
T +971.6.502.2000 | F +971.6.545.9552
© Press Release 2019