DUBAI, United Arab Emirates, Aug. 7, 2018 /PRNewswire/ -- UK businesses and leading academic institutes led by the Transport Systems Catapult (TSC) will develop state-of-the-art innovations for a multitude of governing bodies within the Middle East, pre-eminently in Dubai, it has been officially declared. The program is part of an alliance between The TSC and Dubai & UK based innovation and IT Infrastructure company TEXPO.
TEXPO and the TSC signed an agreement in principle to explore potential prospects in the United Arab Emirates earlier this year and have mutually agreed to a dynamic framework which will administer innovative programs to facilitate the existing & upcoming smart cities to develop on modern innovations and leading-edge transportation systems.
The TSC in collaboration with TEXPO will support innovative small business and universities in the UK to develop a series of projects to alleviate existing & future cities by minimizing congestion, elevating transportation safety and augmenting Public Transport Ridership. The projects, extensively based on AI and Blockchain, will escalate the application of data across public transport, traffic and roads agencies, taxis, rail agencies, and licensing agencies in the region. Additionally, these projects will address innovations around Connected and Autonomous Vehicles, Virtual Reality testing, Artificial Intelligence and integrated business models.
Furthermore, this working framework will help TSC and TEXPO predict and identify the Dubai Government's ongoing and forthcoming requirements and challenges around hosting the World Expo 2020 and achieving their 2030 Mobility strategy.
Transport Systems Catapult CEO Paul Campion said:
"We are excited to be announcing this fantastic opportunity for UK businesses and research institutes in the United Arab Emirates. Our agreement with TEXPO recognizes the strength of UK innovation and the vast ecosystem of SMEs working in the UK on ground-breaking transport solutions. We will be giving UK organizations access to a progressive new market on the international stage, as well as the opportunity to shape the future transport of Dubai as the city seeks to become a world leader."
CEO of TEXPO, Raheel Alam commented:
"Signing this agreement with the Transport Systems Catapult is a notable instance of TEXPO steering the most progressive innovations by various UK companies into the region we operate. This mutually conducive collaboration would prove advantageous to several Governments within the UAE and beyond.
It is indeed a great privilege and honour for TEXPO to be playing its part in the expansive growth of the UAE, particularly Dubai. We believe that our world-class innovation around transportation and logistics can play a strategic role in the advancement of Dubai and help set up the future cities and modern transportations as per the directives of H.H. Sheikh Muhammad Bin Rashid Al Maktoum, Vice President of UAE & Ruler of Dubai."
Paul Campion (TSC) and Raheel Alam (TEXPO)
SOURCE Transport Systems Catapult