Sharjah a global center for research

Sharjah is fast solidifying its position as a global centre of excellence and hub for knowledge investment, experts at the Sharjah Research, Technology and Innovation Park (SRTI Park) said during the Annual Investment Forum (AIM 2019).

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 Dr Sheikh Sultan bin Muhammad Al Qasimi, Member of the Supreme Council of the UAE, and Ruler of Sharjah, 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.

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"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 digitisation, production design and architecture. The park is the reflection of the vision of His Highness Dr Sheikh Sultan bin Mohammad Al Qasimi to establish Sharjah as the capital of education, scientific research and innovation through an ambitious strategic plan of the American University of Sharjah," said Hussain Al Mahmoudi, SRTI Park's CEO.

"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."

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. 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. 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.

- business@khaleejtimes.com