SCTDA considers launching strategic partnerships with Chinese R & D institutions and companies

In light of the founding of "China Technology Transfer" regional headquarters in Sharjah

Sharjah: The Sharjah Research, Technology and Innovation Park (SCTDA), during a meeting with a Chinese delegation, discussed the launch of strategic partnerships in the field of technology transfer with Chinese research and development institutions. Especially in the areas of water technology, renewable energy, environment technology, digital technology, architecture, transportation, communications, The company offers a competitive advantage to attract the leading companies and the best minds and creative talents to carry out research and innovation activities, which are all the cornerstones for achieving the welfare of the community and building a more secure and sustainable future.

The delegation also visited the investment opportunities of Chinese investors in the fields of innovative technology and research and development as well as the services provided by the complex to investors, ways to enhance economic cooperation and build cooperation and partnership between the Sharjah Innovation Park and the Chinese business community.

The delegation was received by HE Hussain Al Mahmoudi, CEO of the complex, who briefed the delegation on the advantages and services offered to investors and future plans. He also discussed the most important investments in the complex as a result of world-class services in an ideal investment environment that helps companies and innovative investments grow. And prosperity.

The delegation was also briefed on the approach taken by the complex and the steps it takes in its march towards achieving the required progress and success. He also spoke about the most important achievements of the complex and its future plans, and the most important international companies working within the complex and its research projects and plans to develop a system of solutions and innovations in various areas of life. In addition, the Sharjah Research and Innovation Park is ready to provide all facilities to Chinese companies wishing to work and invest in the knowledge sector, which serves as a focal point for the vision and mission of the complex through supporting, encouraging and developing the innovation system. In accordance with the best international standards in the provision of quality services that will help attract investments to work with a safe investment environment and integrated infrastructure in addition to full ownership and tax exemptions, which offers great opportunities for industries and For technological installations to succeed and continue.

Al-Mahmoudi stressed the importance of the visit of the Chinese delegation, which reflects the growing relationship between the United Arab Emirates and the People's Republic of China, which Sharjah has supported under the guidance and support of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah. The size of the economic investment partnership between the two countries. It promotes partnership between the two sides in important areas such as the transfer of knowledge, technology, innovation and development, focusing on key areas such as 3D printing, energy, renewable technologies, digital transformation and industrial modernization.

Al-Mahmoudi also expressed his confidence that the UAE-China visits at the highest levels of leadership will consolidate the strategic partnership between the two countries, especially on the economic level, which will increase the flow of investments in both directions to serve the development requirements of both countries and support the interests of the UAE business community and its Chinese counterpart, Aspirations. The Sharjah Research, Technology and Innovation Park seeks to contribute effectively to being an active part of these fast-growing economic relations between China and the UAE and to provide an attractive investment base to absorb Chinese investments in the sectors in which the complex operates. To attract investment towards them.

The visitors expressed their admiration for the services and benefits offered by the Sharjah Innovation Park, and praised the modern infrastructure that is compatible with the investment requirements of the research and innovation sectors. Their keen interest in expanding the region's markets is from the Sharjah Innovation Park, which provides them with a fertile environment for growth and investment. Evita Zu Jiahwa, Business Development Manager, King and Wood Mallesons MENA, attended the event by Jason Sue John Hoa, Secretary General of the Chinese Business Council in the United Arab Emirates, Which encourages and motivates Chinese investors to pursue their innovative investment activities in the region through the Sharjah Research, Technology and Innovation Park.

"China has transformed itself from a" world factory "into a technological innovation cell. In all aspects of life, and China's 731 million Internet users embrace the process of change very quickly. At the same time, government initiatives to promote technology in the country and to promote innovation based on ideas are designed. The Sharjah Innovation Park is an ideal environment and platform for attracting Chinese investors motivated by the passion for starting their businesses in the UAE and presenting them to the world. "

The Sharjah Technology, Innovation and Innovation Park (SCTR) has signed a memorandum of understanding with the China-Arab Technology Transfer Company to establish the China-Arab Center for Technology Transfer in line with the objectives of the China Belt and Road Initiative. In the UAE.

The importance of the Center as a prominent business center and an active contributor to the growth of the national economy through the launch of partnerships between Chinese research institutions and companies to drive innovation in the UAE and the Emirate of Sharjah in particular as well as the impact of social, cultural and economic by encouraging the exchange and dissemination of knowledge and stimulation Scientific Research.

The Center will contribute to making the Sharjah Research, Technology and Innovation Park a regional platform for Chinese companies in the areas of water technology, renewable energy, environmental technology, transportation technology, information technology, industrial design and architecture. It will also embrace talent and minds in various vital disciplines, The state will have a positive impact on achieving financial sustainability and establishing the reputation of the China-Arab Technology Transfer Company in the region

The Sino-Arab International Technology Transfer Company is expected to play a key role in the development of the knowledge economy in the UAE by encouraging new partnerships between research centers and innovators in the UAE and Sharjah in particular. Students of the American University of Sharjah (AUS) are expected to benefit from the establishment of the China-Arab Center for Technology Transfer, which is located next to the university, where it will serve as a partner campus. The main areas of cooperation include three-dimensional printing, artificial intelligence, cloud computing, information development, digital economy, digital transformation, power, quantum computing, renewable technologies, industrial modernization and smart cities.

The Sharjah Research, Technology and Innovation Park has signed several memorandums of understanding and partnership agreements with leading international research centers such as Finland's Advanced Technology Research Center, Ulu University of Finland and Oxford Scientific Innovations, a subsidiary of Oxford University of Science and Technology Innovation (SAP), a global provider of integrated, integrated business software solutions.

© Press Release 2019