Page 209 - Ministry of Economy - December 2017

12/26/2017 Platform launched to boost technology and innovation - Khaleej Times
The launch took place during a ceremony attended by Sultan bin Saeed Al Mansouri, Minister of Economy, and
Saif Mohammed Al Hajeri, chairman of Abu Dhabi Department of Economic Development, and was signed by

Mohammed Ahmed bin Abdul Aziz Al Shehhi, undersecretary for economic affairs, and Khalifa bin Salem Al
Mansouri, undersecretary of the Department of Economic Development - Abu Dhabi.

The Takamul Program, under the Department of Economic Development - Abu Dhabi, will 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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