Fraunhofer, the largest application-oriented research organisation in Europe, has signed an agreement with Sharjah Research, Technology and Innovation Park (SRTI Park) to set up it research and development centre at the science park.
Founded in 1949, Fraunhofer has 72 research institutions: 58 spread throughout Germany, six centres in the US and three in Asia.
It also boasts more than 26,000 researchers of which 80 per cent are PhD holders in science and engineering.
The upcoming facility will be open to university researchers and organisations from the public and private sectors in the fields of automotive, aviation, smart manufacturing and water management besides providing technical consulting expertise for the park and companies in the UAE to initiate R&D projects in the selected fields.
A leading German research and applied science society, Fraunhofer said the agreement also includes efforts to promote co-operation, exchange of experts and services between the Science Park and Fraunhofer Institutes for the purpose of mutual benefits.
"We are proud to partner with a world-class institution such as Fraunhofer," remarked Hussain Al Mahmoudi, CEO of SRTI Park, after signing the agreement with a number of senior officials and researchers representing various specialised research institutes from Fraunhofer.
"This is a demonstration of Sharjah's global standing, represented by the SRTI Park and its pivotal role in supporting and developing the region's innovation ecosystem," he added.-TradeArabia News Service