(Dubai) – His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the U.A.E. and Ruler of Dubai, launched a National Innovation Strategy that aims to make the U.A.E. among the most innovative nations in the world within seven years.
The strategy will stimulate innovation in seven sectors where innovation is key to excellence: renewable energy, transport, education, health, technology, water and space. Its first phase includes 30 national initiatives to be completed within three years. These include new legislation, innovation incubators, investment in specialised skills, private-sector incentives, international research partnerships, and an innovation drive within government.
“The UAE is already the most innovative Arab nation. Our target is to be among the most innovative nations in the world.The competitiveness race demands a constant flow of new ideas, as well as innovative leadership using different methods and tools to direct the change,” HH Sheikh Mohammed said at the launch of the strategy.
“This innovation strategy is a national priority for our programme of development and progress. It is a primary tool to achieve Vision 2021 and an engine for the growth of distinctive skills and capabilities across the nation. We have always called for creativity in every field: this strategy is a concrete step to implement that vision. These initiatives around innovation will enhance quality of life in the UAE and take our economy to new horizons,” HH Sheikh Mohammed added.
H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, and Mohammed bin Abdullah Al Gargawi, Minister for Cabinet Affairs were present at the launch ceremony.
(Courtesy WAM)
