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Abu Dhabi-based Monarch Holding and Chinese AAV technology company EHang Holdings have agreed to build the first factory in the Middle East and North Africa to manufacture sustainable electric aircraft and drones for passenger and cargo transport.
The announcement is in line with the initiatives of Abu Dhabi’s Industrial Strategy, including innovative technologies for Industry 4.0, a new circular economy regulatory framework, and green policies and incentives to continue the transition to a smart, circular and sustainable economy.
The collaboration aims to create sustainable electric aircraft and drones, establish a command and control center to autonomously manage urban air traffic, and build infrastructure, vertiports (take-off and landing platforms) and facilities to operate electric aircraft and drones. facilities, as well as providing opportunities to qualify and train Emirati talent.
The project promotes trade by facilitating the flow of goods and merchandise to outlets, ports and airports, contributing to revitalizing markets and supporting local products.
The partnership will support sustainable electric commercial aircraft and drones, enabling Abu Dhabi to adopt urban aviation technology. Focused on improving smart and sustainable mobility, the project will enhance Abu Dhabi’s status as the smartest city in the Middle East and North Africa.
Rashed Abdulkarim Al Blooshi, Undersecretary of the Abu Dhabi Department of Economic Development (ADDED), said: “As part of its efforts to transition to the next stage of economic diversification, Abu Dhabi is focusing on knowledge-based, innovation-driven economic sectors. Industry Strategy is a major factor in achieving our goals, as its programs aim to enhance, encourage and adopt methods and technologies for Industry 4.0, circular economy, talent development, ecosystem support, indigenous supply chain and value chain development.
“This partnership to manufacture and manage electric aircraft and drones for freight and passengers reflects our high level of infrastructure for advanced and smart industries and the legislative and regulatory frameworks in place in the emirate, which provide an opportunity for advanced innovation and investment. Provides attractive environment for industry and technological transformation. To ensure the best conditions for investors and entrepreneurs, ADDED has launched a number of initiatives to improve the ease of doing business and trade, financing and attracting foreign direct investment.”
Hussain Ali Alomaeirah, Founder and Chairman of Monarch Holding, said: “This joint venture will support the future of the transport industry in the emirate of Abu Dhabi, in line with the government’s vision to strengthen the foundations of smart cities. Sustainable energy offers new concepts for freight and passenger transport.
“Monarch is partnering with the world’s best electric aircraft manufacturer and urban air mobility design and consultancy, which develops and operates the world’s most advanced UAM system.” – trade arab news agency
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