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Business 1 min read 27 views

Sharjah Making Strides With 4th Industrial Manufacturing Hub

Sharjahs Research and Technology Park (SRTIP) is moderating the latest and most advanced 4'h industrial manufacturing (4IM) equipment and is promptly making its name as a meeting place for global R&D leaders.

The park is alluring companies, governments and academics to hook up to shape the future of key industrial growth areas and to resolve important sustainability challenges.

The Sharjah Research, Technology and Innovation Park aligned with the UAEs 10-year strategic plan to position the country as a global industry leader. said SRTIP Chief Executive Hussain Al Mahmoudi.

The park will operate its active new phase by converting a 5,000 square foot area into one of the regions leading M2 printing machines centres. The aim will primarily be metal printing, a domain that has garnered attention recently due to rising demands from firms globally who acknowledge metal 3D printings serial production potential.

The facility which will be an addition to the 12,500 square foot 3D labs, will utilise ultra-modern AI technologies and be used primarily for the 3D printing of metal parts for the oil and gas, and automotive industries.

Al Mahmoudi said: The Sharjah Research, Technology and Innovation Park is a regional and global centre of R&D excellence, and we look forward to offering partners world-class 3D printing facilities utilising cutting-edge technologies.

The COVID-19 pandemic has caused serious disruption to global supply chains and a wide range of industries now seek 3D printing manufacturing solutions that provide vastly improved resilience and flexibility compared to traditional manufacturing processes. We believe the 3D printing facility we are creating will be optimally positioned to meet this demand and to drive significant value for clients and partners.

Computer-integrated processes make powerful use of AI, with no prognostications of slowing down. AI in the manufacturing industry is expected to inflate from its 2016 market size of 272.5 million to a whopping 4.8 billion by 2023.

Company orders for robots are surging, with orders spiking 5.2% in the final quarter of 2019, at 23,894 units ordered with a total sitting value of 1.3 billion USD.

Created in 2016, SRTIP is a hub for advanced R&D and innovation ecosystems, attracting leading academics and researchers from around the world to share knowledge and create the breakthrough technologies of the future.

A freezone in which 100 percent foreign company ownership is permitted, SRTIP promotes research into renewable energy, water management, environmental technology, transport and logistics, production, design and architecture, and digitalisation solutions.

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