Page 595 - MOE ENGLISH PR REPORT - OCTOBER 2024
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10/22/24, 3:56 PM UAE Welcomes Two Advanced Tech Companies to NextGen FDI Programme
TG0 specializes in touch-sensing technology, revolutionizing industries such as
automotive, healthcare, and gaming. Zelos Technology, a leader in autonomous driving
solutions, focuses on Level 4 (L4) intelligent driving, particularly for logistics and express
delivery.
By joining the NextGenFDI programme, both companies will gain access to rapid
business incorporation, fast-track visa issuance, financial services, and a growing network
of innovators. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, praised
the technological contributions the companies will bring, emphasizing their role in shaping
the UAE’s urban mobility and healthcare sectors.
TG0's China Business Executive, Joyce Zhen, highlighted the alignment of the UAE's
innovation-friendly environment with their vision for advancing human-machine interaction.
Meanwhile, Zelos Technology's Managing Director, Terry Zhou, expressed confidence
in the UAE as a strategic destination for autonomous driving advancements.
Launched by the Ministry of Economy, the NextGenFDI initiative aims to attract high-tech
firms to drive sustainable industry growth and support the nation's economic diversification
strategy across key sectors, including healthcare, ICT, and advanced manufacturing.
News Source: Emirates News Agency
https://focus.hidubai.com/uae-welcomes-two-advanced-tech-companies-to-nextgen-fdi-programme/ 2/2
