The National Space Investment Plan to realise the goals of UAE Vision 2021
The UAE Space Agency, UAESA, has announced the details of its National Space Strategy 2030 and National Space Investment Plan, complementing the regulatory and legislative framework of the UAE’s national space sector and in line with the strategic objectives of the Agency.
During the ceremony, the UAE Space Agency shared details of its National Space Strategy, recently approved by the UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. The strategy aims to enhance the space sector’s contribution to the national economy and promote the UAE’s regional and international presence in the space sector.
It also strives to support the transition to a knowledge-based economy, creates an effective regulatory environment, attracts talent and develop human capacity, stimulate creativity among young people, as well as develop partnerships with industrial, educational, and research institutions while increasing international collaboration.
The National Space Strategy encompasses six main goals. These include providing competitive and world-class space services; enhancing advanced local capacity in space science, research and developing and manufacturing space technology, and launching inspiring space missions.
Establishing high-level national expertise in the space sector, forging effective local and global partnerships and investments in the space industry, and developing a future-proof supportive legislative environment and infrastructure across the sector is also part of the strategy’s main goals which will be achieved via the implementation of over 20 comprehensive programmes and 80 initiatives.
The National Space Investment Plan seeks to realise the goals of UAE Vision 2021 and UAE Centennial 2071, which collectively aim to make the UAE the world’s leading country in economic, social, and environmental fields.