During an opening speech delivered remotely at the "Pujiang Innovation Forum"

Al-Jaber invites investors and industrialists to take advantage of the opportunities of the "Make in the UAE" campaign

Al-Jaber: Cooperation between countries for innovation reduces costs and increases economic opportunities.

From the source

The Minister of Industry and Advanced Technology, Dr. Sultan bin Ahmed Al Jaber, affirmed the depth of the strategic partnership between the UAE and China, especially in the field of innovation in the vital and future sectors that constitute a fundamental pillar of the UAE’s strategy for industry and advanced technology.

In an opening speech delivered remotely at the "Pujiang Innovation Forum" held in the Chinese city of Pujiang, Al-Jaber stressed the need to seize the opportunities provided by the Fourth Industrial Revolution, to achieve the desired positive change in human lives, directing an open invitation to all investors and industrialists to take advantage of the opportunities it offers. The "Make in the UAE" campaign.

Guest of honor

The UAE will be the guest of honor in this year's session of the forum, which is held under the title "Innovation for a Better Life for Humanity", bearing in mind that 2021 marks the 50th anniversary of the establishment of UAE-Chinese relations.

Al Jaber stressed the importance that the UAE attaches through the leadership’s vision of international partnerships in achieving common goals, considering that the partnership between the UAE and China represents a global model in this regard, and has been successfully demonstrated through cooperation in the face of the “Covid-19” pandemic.

He said, "China developed a vaccine in record time, and the UAE distributed it to the population on a large scale, and recorded great success in reaching the highest vaccination rate in the world."

cooperation

Al-Jaber saw that the spirit of cooperation helps in facing other global challenges such as climate action, referring to the cooperation between the UAE and China in the field of solar energy, which resulted in the establishment of the largest independent solar power plant in the world, the "Noor Abu Dhabi Plant", which extends over eight kilometers. It includes 3.2 million solar panels that will produce 1.2 gigawatts of clean energy, and the two countries are preparing for a new global achievement in this context with the "Al Dhafra Solar Power Plant", which will be twice the size of the "Noor Abu Dhabi plant", and will provide energy at the lowest global tariff at 1.35 cents per kilowatt / hour.

Al Jaber said: "The partnership between the UAE and China has proven that when countries cooperate in order to innovate, costs decrease, economic opportunities increase, and communities benefit."

Innovation development

Al Jaber pointed out the extent to which the focus on the UAE’s industrial strategy is linked with the country’s aspiration to the future, relying on advanced technologies, to provide flexibility for vital industries, and to expand into new sectors within the framework of the knowledge economy, explaining that there are many opportunities available to develop innovation in traditional and new industries in ways Creative and commercially viable.

He invited the entire world to participate in the UAE's journey of creating value-added in the industrial sector through innovation, calling for taking advantage of the opportunities offered by the Fourth Industrial Revolution, and consolidating the mentality of innovation and entrepreneurship among young people.

innovation requirements

The Minister of Industry and Advanced Technology touched on the requirements of innovation, saying that it requires courage, daring and courage, stressing that the UAE's enjoyment of this spirit required by the innovation process, enabled it to develop its economic structure and rely on traditional resources towards a diversified knowledge economy, and how it became a world-class logistical center, It entered the field of space exploration with the dispatch of the first probe from the Middle East to Mars, and launched the "Mohammed bin Zayed University of Artificial Intelligence", the first university in the world specialized in graduate studies in the field of artificial intelligence.

Al Jaber presented a number of pillars of the UAE's vision for innovation in the industrial sector, including redirecting investments to the interest of research and development, allocating capital for marketing, as well as setting the necessary legal frameworks and supporting policies.

He added that the UAE is pursuing a path in the field of research and development based on setting appropriate policies and setting priorities, in addition to stimulating promising sectors so that the new industrial environment is able to transform new ideas into scalable products.

Expanding Partnerships

Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, called for expanding partnerships in the energy field, exploring the potential for carbon-free hydrogen production, and enhancing the benefit of the UAE’s experience and infrastructure to respond to China’s growing demand for low-carbon energy, as well as building on the successful experience. In the face of “Covid-19” to invent new medicines and advanced treatments, and greater opportunities in the field of biotechnology, as well as in the field of agricultural technology, to develop seeds that can withstand difficult climatic conditions and adopt sustainable farming methods.

Follow our latest local and sports news and the latest political and economic developments via Google news