Work begins on UAE's Mohamed Bin Zayed innovation hub in Dakar
Construction on Mohamed bin Zayed Centre for Innovation and Entrepreneurship to complete in February 2021
The foundation stone has been laid for the Mohamed bin Zayed Centre for Innovation and Entrepreneurship in Senegal’s capital, Dakar, with construction work on the 2ha facility set to commence in September 2019 and complete in February 2021, with the facility expected to create jobs and empower women in the African nation.
Speaking at the foundation stone laying ceremony, chairman of Khalifa Fund for Enterprise Development, Hussain Jasim Al Nowais, said the centre would have capital worth $20m (AED73.6m), which would be utilised to fund programmes and initiatives aimed at promoting innovation and small- and medium-enterprise (SME) development in Senegal.
The facility will be home to a business incubator that focuses on technology, a business accelerator, offices, and laboratories for the preparation of models for 3D printing, aviation, electronics, and robotics, according to the UAE's state news agency, Wam.
Present during the stone laying ceremony were Amadou Hott, Senegalese Minister of Economy, Planning, and International Cooperation; Papa Amadou Sarr, General Delegate of Rapid Entrepreneurship for Youth and Women; and Mohammed Ali Al Shamsi, Charge d'Affaires at the UAE Embassy in Dakar, along with representatives from both countries.