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Thursday, May 2, 2024
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Public-private partnerships ‘key to UAE decarbonisation’

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Sarah Al Amiri, UAE Minister of State for Public Education and Advanced Technology, said public-private partnerships and ecosystems are key to the UAE’s ambitious decarbonization efforts.

Speaking at the opening panel of the Make it in the Emirates forum, Al Amiri stressed that decarbonisation is the country’s top priority, going beyond sustainability and emphasizing its role in boosting value creation, jobs, productivity and efficiency Key role industrial sector.

Al Amiri called on governments to actively engage with the private sector, articulating the need for a “holistic” approach to unlock the full potential of industrial growth from R&D, technology and 4IR solutions.

correct blueprint

“We work closely with industrial businesses. The Ministry does not operate as a traditional department; we operate with our stakeholders, who have a seat at the negotiating table. This partnership creates and facilitates the development of the UAE’s industrial sector. The right blueprint to integrate 4IR technology throughout the production value chain,” said Al Amiri.

A panel session entitled “Increasing Industrial Competitiveness through R&D and Technology” articulated the critical role of supporting R&D efforts in driving economic diversification and boosting industrial sector growth. Joining Al Amiri on the panel were Malek Al Malek, CEO of Dubai Holding Asset Management (DHAM), Anna-Karin Rosén, Managing Director of Saab UAE, and Professor Eric Xing, President of MBZUAI and University Professor.

“Our ICV strength is recognized internationally as one of the key drivers of our economic sectors, including the industrial sector,” Al Malek said, emphasizing the importance of economic diversification and its beneficial impact on the industrial sector. He noted that diversification drives companies to expand their operations in the UAE, increase competitiveness, and foster strategic partnerships.

Al Malek also mentioned several success stories of companies that have “succeeded in the UAE” and expanded their reach. He cites these stories as proof that the UAE economy is capable of turning ambition into reality.

role of university

Professor Xing emphasized the key role of universities in promoting innovation and shaping future trends, saying: “Universities provide an ideal environment to promote and stimulate innovation, enabling researchers to work and train teams in a unique environment.”

He also pointed out that universities must focus on forward-looking to help countries navigate the future and formulate national development strategies.

Echoing this sentiment, Al Amiri emphasized that the UAE’s focus on pioneering fields such as the space sector, hydrogen energy and medical technology demonstrates the country’s ability to navigate change and provide future generations of Emiratis with the necessary education and Expertise makes it stand out.

Speaking about the importance of partnerships with academia and industry, Rosén said, “I cannot stress enough the power of effective collaboration. Collaboration with government is critical, and we must also emphasize partnerships with academia and industry. Relationships. Without the right people and the right funding, progress will be stymied in areas where we need assistance.”

Hosts and Sponsors

The Make it in the Emirates Forum is co-hosted by MoIAT, Abu Dhabi Department of Economic Development and Adnoc. The forum has many corporate sponsors, including diamond sponsors such as Mubadala Investment Company, Emirates Steel Arkan, UAE Development Bank (EDB), and gold sponsors such as Aldar, Tawazun Council, KEZAD Group, Agthia, Edge, PureHealth, etc.

Silver sponsors for the event include First Abu Dhabi Bank (FAB), Dubai Investments, Al Masaood Energy, Emirates Global Aluminum and Abu Dhabi Development Fund (ADFD), while bronze sponsor is Etihad Credit Insurance (ECI ), Dubai Industrial City, Electro Mechanical Company, Mashreq Bank, Baker Hughes, National Oilwell Varco (NOV), Control Contracting and Trading (CCTC), Weatherford International and Schlumberger. — trade arab news agency

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