Page 133 - Ministry of Economy - December 2017

manage the TIP initiative and content, as well as work closely with strategic partners to activate
and enhance contribution of both public and private sectors within TIP.
Al Mansouri said the Ministry of Economy and the Department of Economic Development - Abu
Dhabi sets key priorities around economic diversification and sustainable development and aims
to develop an integrated economic system that interacts with targeted sectors locally and
internationally, further developing capacities in the fields of technology and innovation.
He added the UAE has come a long way in providing a supportive legislative environment which
promotes and develops entrepreneurship in the field of technology and innovation, in addition to
having many specialised institutions which embrace such projects to attract entrepreneurs and
investors.
Al Hajeri said: "The Department of Economic Development - Abu Dhabi is committed to
supporting the country's strategic economic initiatives aimed at building an integrated economic
system. We are focused on leading Abu Dhabi's economic agenda to further enhance its GDP
through a knowledge-based economy, with a key focus on technology and innovation as a catalyst
for future economic growth."
Launching TIP aims to encourage a technology and innovation community in the UAE and
promote establishing small and medium-size companies, and will be focused on supporting the
development of a complete innovation ecosystem.
Al Shehhi said the Ministry of Economy works closely with all local governments in the UAE to
implement the economic agenda, especially in regard to the accelerators of technology and
innovation in order to create a sustainable and diverse economy based on knowledge and
innovation.

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