Dubai wants to boost ties with China's scientific, technological entities

Sharif El-Badawi, CEO of Dubai Future District Fund, expressed his hope to carry out more communication and cooperation with China's scientific and technological elites to jointly achieve fruitful results.

El-Badawi said in an interview at "The Belt and Road: Investing in China and Converging Thought" themed event that there is great potential for cooperation and future development between Dubai Future District Fund and Chinese tech companies and investors. He admires the practices of his Chinese counterparts, stating that China has truly driven the development of disruptive technologies over the past 20 years, which are highly scalable.

Besides, there are many Chinese companies in the UAE that are constructing advanced energy plants, other types of infrastructure, and various industrial fields. Therefore, El-Badawi hopes to see more startups come and learn from China's operational methods. He said the future prospects for cooperation are very promising and they are eager to see cross-border talent exchanges between different regions.

El-Badawi emphasized the crucial importance of the Belt and Road Initiative for the future of the world. Cooperation between countries is necessary, as no single country can solve or respond to future challenges alone. Therefore, a solid foundation for cooperation is essential, and the initiative provides such a foundation by opening up markets between different countries.

He said the fund has over 60 government entity projects ranging from pharmaceuticals, logistics, real estate, tourism, and aviation to ports in Dubai. Therefore, within these projects in Dubai, Chinese tech companies are likely to find suitable partners for cooperation. El-Badawi hopes to introduce more research and development capabilities to create more profound levels of technology, and he is excited about the prospects of future cooperation with Chinese technology.

"We have come across many interesting technologies, but more importantly, I think there are like-minded partners from different regions of the world who have started to communicate and engage in dialogue. I believe this is the beginning of harvesting fruitful results in the future," said El-Badawi.

"The Belt and Road: Investing in China and Converging Thought" themed event was organized by China Daily website and sponsored by China Internet Development Foundation.