Page 147 - Ministry of Economy - December2017

12/26/2017 Ministry of Economy and Abu Dhabi Department of Economic Development Announce the Launch of TIP Platform | BAWS.AE
HE Eng. Sultan bin Saeed 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 as a key focus aim build and develop an integrated economic
system that interacts with targeted sectors locally and internationally, further developing

capacities in the fields of technology and innovation.

Commenting on this strategic initiative, his Excellency Saif Mohammed Al Hajeri, Chairman
of the Department of Economic Development – Abu Dhabi 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, and we are especially
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.”

The agreement between the Ministry of Economy and the Department of Economic
Development – Abu Dhabi, will see both parties work closely together to achieve outlined

objectives and build a dedicated platform for technology innovation pioneers, which will
include specialized sub-platforms, such as a platform to fund emerging projects, another to

highlight challenges and constraints facing economic sectors and government organisations
in the field of innovation and technology.

In addition to a platform to attract inventors and emerging companies both locally and

internationally, as well as the TIP awards program and award ceremony, and other related
aspects that will expand in time where jointly agreed on.

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