Tuesday 19 June 2018

$800m science park set for official launch

Doha, February 23, 2009

The official opening of Qatar Science & Technology Park (QSTP) will take place on March 16.

QSTP will be inaugurated in the presence of The Emir of Qatar Sheikh Hamad bin Khalifa Al-Thani and Sheikha Mozah Bint Nasser Al Missned, chairperson of Qatar Foundation, in a ceremony before 1,200 guests.

More than $800 million has been invested by Qatar Foundation and its 21 partner organisations in QSTP, a statement said.
Through facilities, services and support programs, QSTP will provide an optimal environment for local and global organisations to undertake research and commercialisation that will create a vibrant R&D community which will benefit Qatar’s society and economy, it is understood.

QSTP is an integral part of Qatar’s National Vision 2030 which aims, through sustainable development, to transform Qatar into one of the world’s most advanced countries within two decades. As a home for technology-based companies from around the world and an incubator of start-up enterprises, QSTP is a major contributor to the development of Qatar’s post-carbon economy.

The ceremony will feature three specially-commissioned video productions:

  • Renaissance, a beautifully animated sequence linking Ancient Wisdom with Modern Technology, set to music played by Qatar’s newly-formed Philharmonic Orchestra;
  • Vision, combining spectacular footage of Doha and QSTP with a message by Her Highness revealing QSTP as an exciting and iconic manifestation of the Emir’s vision for Qatar;
  • Virtual Boardroom, an insight into the key scientific research activities of QSTP’s partners, presided over by Dr. Tidu Maini, Executive Chairman of QSTP.

“Technology innovation demands a clear strategy and strong partnership between committed companies, the best universities and visionary government,” said Dr Tidu Maini, executive chairman of QSTP. “With those foundations firmly in place, we are now proud to celebrate as our applied research programs come to life at QSTP. That research will ultimately become a cornerstone of Qatar's legacy of scientific achievement and wealth creation.”

Dr Fathy Saoud, president of Qatar Foundation, said: “The application and commercialization of research at QSTP is a central element of Qatar Foundation’s commitment to the creation of a dynamic, advanced society. The inauguration is a landmark event in Qatar’s journey towards a sustainable post-carbon economy. It is heartening to see the benefits of a coordinated approach to developing this country’s greatest resource - the potential of its people.”

Dr Abdulla bin Ali Al-Thani, vice president, education, Qatar Foundation, said: “This marks a significant stride towards our vision of Qatar as a global leader in innovative education and research. Qatar Foundation is working to create a culture of research at every level, and QSTP has a key role in facilitating the transfer to industry of the knowledge and skills that are developed at Education City.” 

QSTP became operational in 2004. Qatar’s rapid industrial growth, coupled with its enormous investment in education and science, has attracted many technology-based companies to the country. QSTP is currently home to 21 member organisations in the energy, environment, health sciences and ICT fields.

The opening will attract the attention of the world’s media, with more than 100 journalists expected to cover the event, and will signal Qatar’s emergence as a credible and attractive location for research and development. – TradeArabia News Service

Tags: Doha | Qatar Foundation | QSTP | Qatar Science & Technology Park |

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