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HomeFintechUAE and Hong Kong Stengthen Bonds By HKUST Increased Delegation

UAE and Hong Kong Stengthen Bonds By HKUST Increased Delegation


Searching for to additional strengthen bonds between Hong Kong and the UAE, a high-level delegation from The Hong Kong College of Science and Know-how (HKUST) – a world-class research-intensive college that focuses on science, engineering, enterprise, in addition to humanities and social science, will discover alternatives for analysis and know-how switch collaboration in robotics, synthetic intelligence (AI) and clear vitality.

The delegation shall be led by the college president, Nancy Ip, and also will search to determine potential synergies between HKUST’s experience in engineering and know-how and the UAE’s funding. This follows a earlier go to to the UAE by Hong Kong’s secretary for innovation, know-how and business, professor Solar Dong. Constructing upon these efforts, Ip’s delegation marks a big milestone amongst Hong Kong’s universities to bolster town’s dedication to advancing analysis and innovation with the UAE.

Over the previous decade, the UAE has emerged as certainly one of Hong Kong’s important buying and selling companions and the most important within the Center East. Demonstrating the dedication to strengthening connections, Hong Kong’s chief government, John Lee, launched into his first abroad go to to the nation final yr.

Fostering collaboration

The HKUST delegation will set up new connections with key companions and stakeholders within the UAE’s larger training and innovation methods. This may happen by means of numerous conferences and discussions with authorities representatives, numerous corporations and different companions coping with innovation, analysis, know-how, and know-how switch within the fields of robotics, AI, clear vitality, and start-up incubation.

These key establishments embrace the Dubai Future Basis, the College of Sharjah, Khalifa College and Mohamed bin Zayed College of Synthetic Intelligence.

Given HKUST’s plans to ascertain Hong Kong’s third medical college, the delegation may also go to the state-of-the-art medical-related analysis services of those key UAE establishments. In doing so, it should achieve insights and discover potential collaboration alternatives.

Moreover, the delegation will host a reception to interact with alumni teams within the area and strengthen their ties with their alma mater. This occasion gives a possibility for alumni to attach with HKUST and study concerning the college’s newest developments and initiatives, whereas additionally fostering a way of group amongst alumni within the UAE.

HKUST has persistently ranked throughout the world’s prime 70 universities and prime three younger universities. It’s the first college within the area to embrace open AI and has just lately established one of the vital superior AI computing services for cross-disciplinary analysis in AI, giant language mannequin coaching, drug screening and extra.

Success throughout fields

College members are additionally identified for efficiently making use of their fundamental analysis ends in real-world functions to profit society. Thus far, HKUST has nurtured greater than 1,700 lively startups, 9 unicorns and 13 profitable exits, together with drone empire, DJI, based by HKUST graduate Frank Wang.

Nancy Ip, president of HKUSTNancy Ip, president of HKUST
Nancy Ip, president of HKUST

“HKUST is a distinguished international analysis establishment with management within the subject of AI, there’s great potential for collaborative ventures that span training, analysis, and data switch with the UAE, which has made substantial funding within the subject. Collectively, we are able to make significant contributions to the development and betterment of humankind,” stated Nancy Ip, president of HKUST.

HKUST goals to recruit extra proficient UAE college students to its undergraduate and postgraduate packages whereas aligning with the UAE’s speedy tempo of know-how progress and fostering developments in frequent targets of creating and nurturing abilities within the I&T sectors.

“Being house to probably the most numerous undergraduate pupil inhabitants in Hong Kong, and a trailblazer in innovation, AI, and entrepreneurship, HKUST stands as a most popular accomplice for the UAE of their pursuit of technological development and expertise cultivation throughout the I&T ecosystem. We’re dedicated to offering distinctive training and analysis alternatives for aspiring UAE college students in search of to pursue their research overseas,” Ip added.

Cultivating expertise transformation 

Linking again to synergies between the college and the UAE, nationwide plans such because the UAE’s Nationwide Synthetic Intelligence Technique 2031 and Nationwide Program to Remodel Know-how that goals to domesticate expertise transformation for future jobs align with HKUST’s 3.0 imaginative and prescient for advancing the way forward for dwelling, work, and other people.

HKUST’s 3.0 imaginative and prescient contains the proposal of creating a medical college, an innotech park to collaborate with business companions, and an extra analysis base in mainland China.

On this regard, the UAE’s robust dedication to driving technological developments and changing into a world industrial know-how middle and international innovation hub enhances the targets of China’s Belt and Highway Initiative, which seeks to advertise cross-border connectivity and collaboration in I&T in addition to Hong Kong’s emergence as a world powerhouse in life sciences, synthetic intelligence, and robotic know-how. The UAE has been an lively accomplice within the Belt and Highway Initiative since its launch.

Constructing on earlier success

Prior to now yr, HKUST enhanced its efforts to attach with UAE stakeholders and hosted distinguished officers from the nation together with the His Excellency (H.E) Abdulla bin Touq Al Marri, the UAE’s Economic system Minister and H.E Hussain bin Ibrahim Al Hammadi, the ambassador of the United Arab Emirates to China.

Extra just lately, one of many innovation facilities below HKUST, the Hong Kong Heart for Development Robotics (HKCRC), together with its incubated start-up, just lately participated within the LEAP 2024 know-how convention in Riyadh, Saudi Arabia the place it showcased how its superior robotic know-how might contribute to the development improvement within the Center East, thereby displaying the college’s lively involvement in commercializing applied sciences and contributing to the expansion of the Center East area.

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