The UAE Space Agency’s (UAESA) Board of Directors met to discuss the agency’s new strategy for promoting the development of the country’s space sector.
The strategy is in line with the UAE leadership’s vision of establishing a space sector that will contribute to the country’s long-term economic growth while transforming into a promising future economic sector over the next 50 years.
Ms. Sarah bint Yousif Al Amiri, Minister of State for Advanced Sciences and Chair of the UAE Space Agency presided over the meeting, which was held remotely via video conferencing.
At the meeting, the agency’s board addressed its tentative vision, mission, and strategic priorities, as well as its operational model, which aims to improve the agency’s capacity to serve public and private space sector organizations, empower entrepreneurs, and highlight their role in advancing the national space sector.
The agency’s role in motivating the sector’s growth by establishing the appropriate legislative and regulatory climate for the sector’s employees, as well as bridging emerging gaps and addressing related challenges by turning them into opportunities, was also addressed by the board.
The meeting addressed the agency’s growth plan for achieving the country’s strategic goals, as well as the country’s emerging space science and technology strategy and existing space capacities.
Ms. Al Amiri remarked that “the UAE Space Agency will continue building on its recent achievements in the national space sector, through empowering companies and establishments operating in this field by creating the necessary legislative, regulatory and investment environment.”
The agency’s new plan, which will be unveiled soon, aims to put the future vision of the country’s leadership to establish a distinguished and sustainable Emirati space sector into action, which will contribute to the diversification and growth of the national economy, enhance Emirati capacities, encourage cooperation and forge partnerships between relevant public and private sector entities, as well as attract local and foreign investments in the space industry and international space companies.
Thank you very much for choosing GCC Business News to be an important part of your professional life. You will receive a confirmation e-mail. Please check SPAM or UPDATES folder
