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Masdar City is the only planned and approved R&D cluster in Abu Dhabi and a leading innovation center, which has been launched “Innovation’, To identify and cultivate the next generation of sustainable technologies. The global initiative will focus on areas such as urban transportation, clean energy, agricultural technology and food security, water, energy storage, and artificial intelligence.
The one-year Masdar City plan will provide a platform for participating small and medium enterprises (SMEs) to foster sustainable innovation and opportunities to interact with potential investors. The two companies will also have the opportunity to expand or transfer their business to Masdar City Free Zone.
Abdulla Balalaa, Executive Director of Masdar City, said: Innovation For Masdar City, as the center of innovation and R&D in Abu Dhabi, the realization of this initiative is a natural progression. InnovationThis will enable us to bring more of the world’s best companies focused on innovation to this city to further develop these technologies while benefiting from Masdar City’s unique products. “
“By investing in Abu Dhabi’s innovation ecosystem, the plan will further support the development of groundbreaking technologies in key green transition areas such as clean energy, artificial intelligence, water, and other fourth industrial revolutions. The company will benefit from Masdar The support provided by the city has helped them develop their business in the UAE and the wider region, while also making a positive contribution to the UAE’s sustainable economic development,” Balalaa continued.
As part of its annual plan, Innovation Also co-hosted with Abu Dhabi Sustainability Week (ADSW), one of the largest sustainability gatherings in the world Innovation The center of the World Future Energy Summit, which will showcase leading solutions and promote networking opportunities with potential investors. During ADSW 2022, Innovation A virtual forum will also be held to guide discussions and determine how to accelerate early technology.
Abdulla Balalaa concluded: “In each quarter of the next 12 months, Masdar City will look for more companies to participate in a series of events and Innovation Microsite. Through cooperation with UAE government agencies, Innovation The innovation prospects of Masdar City and ADSW stakeholders will continue to be highlighted, and the Masdar City Free Zone will invite the company to relocate to Masdar City. “
Masdar City has more than 1,000 companies, including organizations-from multinational companies and SMEs to local start-ups-dedicated to advancing the sustainable development agenda and spearheading innovation to achieve a greener and more sustainable urban life . By operating in Masdar City, Abu Dhabi, the company will benefit from the excellent digital infrastructure already in place, as well as a highly advanced regulatory framework and other research and development programs.
To learn more about innovation and Masdar City, please visit https://masdarcity.ae/innovate
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