DUBAI / WAM
Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, attended the signing of 12 Memorandums of Understanding (MoUs) between Area 2071 and various local and international partners.
Area 2071 seeks to find innovative solutions to current and future development challenges faced in a number of sectors. This is part of the UAE Centennial 2071 mission to make the UAE one of the most advanced countries in the world by 2071. During the event, His Highness Sheikh Mohammed said, “We launched Area 2071 to provide a zone dedicated to innovation and industry of the future. Today, 12 MoUs were signed with various partners in 11 vital sectors. Area 2071 will see specialised labs and partnerships between governments and global tech leaders, who will work together to design the future.â€
He added, “Our goal for the UAE is to become a world-leading hub for designing the future; Area 2071 will be the most developed and influential area dedicated to that vision.â€
Sheikh Mohammed bin Rashid inaugurated Area 2071 in Emirates Towers last year, announcing that it will be a space dedicated to labs working, to design the future in order to meet the UAE Centennial 2071 goals. This is part of the UAE’s mission to adopt an integrated, modern and accelerated development strategy covering various development sectors in the country within the next five decades. The strategy seeks to meet its targets by 2071, the 100th anniversary of the UAE’s federation.
Area 2071 will be the first of its kind in the world, and will serve as an incubator for the future, with global companies, services and laboratories coming together and integrating their efforts to develop innovative solutions and adopt new technology to meet future needs. Think tanks and labs will tackle challenges in various development sectors to accelerate their progress, and to provide a pioneering model for tackling these challenges for both the region and the world.
Several entities signed MoUs with Area 2071, including the United Nations, Pfizer, Proctor and Gamble, Ernst and Young; the Mohammed bin Rashid Centre for Government Innovation, the Dubai Department for Economic Development, Pico Capital, Genco General Contracting, IBM International, E11, 1776, DP World, and Wamda Capital.
Area 2071 currently includes the UAE’s Government Accelerators, which were established in 2016 as part of the government’s mission to intensify efforts and accelerate government work by addressing challenges facing various public sectors. Area 2071 also includes the Dubai Future Accelerators, a part of the Dubai Future Foundation, which seek to develop an innovative system that links government entities in the UAE with the most important international experts in order to best serve the various vital sectors in the country.