SRTI Park successfully concludes its participation at Gitex Technology Week 2019

Sharjah Research, Technology and Innovation Park (SRTI Park) successfully concluded its participation in Gitex Technology Week 2019, held in Dubai. During the event, the Park showcased its initiatives and achievements that have made it a regional development center for future science and innovative technologies by creating an environment suitable for research and development and through a package of accelerators in cooperation with the private, public investment sector and the academic sector. Through these initiatives, the Park aims to promote knowledge-based economy in Sharjah and the UAE. The participation also aimed at reviewing the investment opportunities in the Park.

SRTI Park’s platform witnessed a remarkable presence of visitors and exhibitors. The team reviewed the priorities, objectives of the Park and the benefits provided by it to the potential investors in the technical sectors, and introducing them to the latest initiatives, projects and future partnerships with international companies and institutions.

The Park has easy access to vital and logistical facilities in the emirate and in the UAE, and the infrastructure which meets the requirements of international standards, resulting to an ideal and safe investment environment, in addition to ownership and full tax exemption, providing great opportunities for industries and technological facilities.

His Excellency Hussain Al Mahmoudi, CEO of SRTI Park, stressed on the success of the Park’s participation in Gitex Technology Week 2019, an important and vital platform that brought together individuals and companies from all over the region and the world under one roof, creating a unique opportunity for investors to explore different opportunities and make decisions about the future of their investments.

Al Mahmoudi said: “We had a series of meetings with executives and specialists in Fourth Industrial Revolution, in addition to the signing of many agreements with different parties, with the aim of promoting the Park and its vision based on the transfer and localization of knowledge by creating a proactive and supportive environment for experiments and research in the field of futuristic technologies. SRTI Park actively engaged in many programs and launched a few initiatives including Women in Innovation and received international delegations from New York, Latvia and Lebanon. We also partnered with Nokia and Du to launch the largest pilot 5G Network in the Middle East in Sharjah. “

He said: "Our unified presence with the Government of Sharjah was an additional support for us in reviewing our investment opportunities in an integrated manner with other parties. We all met with the common goal of promoting the Emirate of Sharjah and its investment potential to attract and enhance the presence of investors."

Sharjah's strategic location, advanced infrastructure, excellent logistics services and incentives contribute to the expansion of business and making it one of the preferred destinations for investments. SRTI Park seeks to continue to strengthen this partnership by highlighting the investment opportunities available in addition to support investors and enable them smooth access to their customers in the Middle East and North Africa.

The Park attracts a large group of international companies working in various fields such as transportation, construction, 3D printing, agriculture, energy and other technologies that contribute to the facilitation of human life.

It also provides investors with significant opportunities in various economic fields of investment. SRTI Park provides many facilities including advanced legislation, which contribute to the speed of licensing companies and the completion of various transactions.

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