TechnoPark highlights Synergy of Technology and Business at WTA High-Tech Fair in South Korea

Published November 26th, 2009 - 09:12 GMT

TechnoPark, the science and technology facilitator of Economic Zones World (EZW) showcased its prowess in boosting the Dubai’s competitive edge as a modern, regional, business and technological hub at the recently concluded high-tech fair in South Korea.

The WTA Daejeon Hi-tech Fair, held in the city of Daejeon last month was a platform for participants to exchange ideas and to improve their competitiveness through investment agreements and technology transfers.

TechnoPark and Jafza displayed their core areas of strength as catalysts for business and technological development in the GCC and Middle East region at the world-renowned science technology exposition organized by the World Technopolis Association (WTA). TechnoPark participated in the Industrial Growth Towards Low Carbon Green Growth Conference, the Hi-Tech Exhibition Fair, MOU signing and meeting with high government officials during its participation. The main focus of this event was to reflect the world’s focus on sustainability and development, taken together. The 60th International Astronautical Congress (IAC) was held jointly at the same venue as the 6th WTA Hi-Tech Fair.  Both the events saw a participation of 3000 companies and were inaugurated by the President of South Korea due to their importance to the senate.

Hamad Al Hashemi, Managing Director, Dubai Institute of Technology - TechnoPark, Guest of honour for the opening ceremony of the 6th edition of the five-day event said: “The event provided an excellent opportunity for participants to gather first-hand information on the latest developments in the world of science and high technology, especially those related to sustainability. In TechnoPark we understand the transformational power of technology.  While we scout for new technology, we have created an environment where we transform ideas into reality and new understanding through research and cooperation. Our aim is to lead the GCC and Middle East region towards a value-based sustainable knowledge economy by bridging the gap between technological innovations and businesses.”

Al Hashemi, who was also the key note speaker at the conference spoke about Renewable Energy Trends Towards Industrial Growth,” added “Climate change is a grave problem and we must work tirelessly to solve it using new and clean technology, ingenuity, creativity and humanity. Green growth will be a reality when technology and business provide an alternative ideology that focuses on a ‘low carbon, green growth.’ During a time when investment is considered critical to stimulate economies, we need to target those investments to green development, including clean energy, to bring down climate change.”

In Daejeon, Al Hashemi signed MoUs with Pardis Technology Park and Daejeon TechnoPark. The MoUs aim to further enhance cooperation in promoting joint business matching, research initiatives and sharing of management know-how among others.

Al Hashemi also held discussions with Park Seoung Hyo, Mayor of Daejeon, Kim Hong – Gab, Vice Mayor, Chuan– Kui Chen, Vice Mayor of Hsinchu City and Yoon Jung – Yong, Vice Mayor of Pohang for further collaborations to enhance cooperations between the two regions.

Al Hashemi, recently named the first president of the WTA Arab Africa Region concluded: “In an effort to expand our relations with WTA, we called the 1st WTA Arab-Africa Regional Board Meeting in Atlantis Hotel during the IDA World Congress. The meeting was attended by representatives from Bahrain, Egypt, Tunisia, Nigeria, Kenya, Kuwait along with representatives from the Islamic Educational Scientific and Cultural Organization (ISESCO), United Nations Industrial Development Organization (UNIDO) , World Technopolis Association and TechnoPark partner Fraunhofer. Attending officials held talks on strategies for the set-up, development and management of science and technology parks in the region.

TechnoPark, one of the leading purpose-built technology incubators in the region, in recent years has become an active and active member of several international organisations including WTA and International Association of Science Parks (IASP), and WAITRO. World Association of Industrial and Technological Research Organizations, contributing to the development of science and technology led growth in the region. Last year it hosted the Middle East's first WTA Techno-Mart.

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