UAE eyes deeper technology, connectivity partnership with Andhra Pradesh to boost investment

0
35
UAE eyes deeper technology, connectivity partnership with Andhra Pradesh to boost investment
UAE eyes deeper technology, connectivity partnership with Andhra Pradesh to boost investment

The United Arab Emirates (UAE)is looking to deepen its partnership with Andhra Pradesh through technology collaboration, stronger air connectivity and greater business engagement, UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri told ANI, saying these areas would help drive investment and economic cooperation between the two sides.

Speaking exclusively to ANI, Al Marri said the UAE has developed significant capabilities in artificial intelligence and advanced technologies that could support Andhra Pradesh’s food economy.
“The UAE has companies today with high efficiency, high technology implementation, specifically when it comes to AI… The UAE can bring in and offer that kind of technology. The depth that we have today can be exported to the world, specifically to high productivity and efficiency,” he said.

He also underlined the importance of improving air connectivity, saying it would facilitate the movement of people, technology, ideas and capital while opening new opportunities for tourism and investment.

“Air connectivity is an important aspect… With human mobility, you bring technology, ideas as well as capital… With more connectivity, we can bring more tourism and more aspects when it comes to investments and more opportunities for ideas that can collaborate,” he said.

Calling India-UAE ties among the strongest globally, Al Marri said the leadership of Prime Minister Narendra Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan had made it easier for businesses in both countries to work together.

He said the UAE would continue engaging with India through platforms such as the upcoming BRICS tourism meeting while encouraging greater collaboration between businesses.

“I come to India more than 3-4 times a year and really make sure that we build that bridge stronger and closer, and bring more businesses to collaborate and invest together collectively,” he said.

Al Marri said the UAE delegation visiting Andhra Pradesh included 17 companies and more than 23 representatives exploring opportunities in food clusters and food processing.

He said four to five companies have already shown keen interest in investment opportunities after meeting Andhra Pradesh Chief Minister N. Chandrababu Naidu and visiting potential project sites.

According to the minister, Andhra Pradesh can play an important role in strengthening the UAE’s food security, given that the Gulf nation imports 90-95 per cent of its food, while sectors such as food processing, Quantum Valley, Meditech and space also offer long-term opportunities for collaboration between the two sides.

(ADVERTORIAL DISCLAIMER: The above release has been taken from News on Air. No editors from The Mainstream were involved in creation of this content.)

Also read: Viksit Workforce for a Viksit Bharat

Do Follow: The Mainstream LinkedIn | The Mainstream Facebook | The Mainstream Youtube | The Mainstream Twitter

About us:

The Mainstream is a premier platform delivering the latest updates and informed perspectives across the technology business and cyber landscape. Built on research-driven, thought leadership and original intellectual property, The Mainstream also curates summits & conferences that convene decision makers to explore how technology reshapes industries and leadership. With a growing presence in India and globally across the Middle East, Africa, ASEAN, the USA, the UK and Australia, The Mainstream carries a vision to bring the latest happenings and insights to 8.2 billion people and to place technology at the centre of conversation for leaders navigating the future.