$500 million value of investments in the Sharjah Research and Innovation Park
SHARJAH, 22nd October, 2017 (WAM) – The value of investments in the Sharjah Research, Technology and Innovation Park reached 500 million US dollars, in vital sectors such as advanced transportation and strategic industries such as the sky train, laboratories specialized in 3D printing, as well as the artificial intelligence sector.
This was announced by Hussein Al Mahmoudi, Executive Director of the complex, in statements to “WAM” during his participation in the Sharjah Investment Forum, which was launched today at the Al Jawaher Center for Events and Conferences.
Al Mahmoudi said that the forum is a prominent platform for the complex to review its activities in addition to the work of the local, regional and international bodies working in it, and represents an opportunity to get to know new companies and explore investment opportunities in areas such as research and technologies related to the sectors of health, development, environment, transportation and advanced industries, which are priority areas for the state.
Al Mahmoudi explained that the complex provides a stimulating environment for innovation by providing facilities that include infrastructure such as lands, warehouses and offices, in addition to financial support for promising companies that offer successful investment models.
He pointed out that technology companies around the world are looking for talent, and with the presence of Sharjah University City, which includes more than 45,000 students, the complex seeks to provide distinctive options for these competencies.
He revealed that the complex is currently seeking to attract companies from all over the world, including Europe, the United States of America, China, and promising countries such as Indonesia.
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