The Federation of Arab Public-Private Partnerships (FAPPP) and Trends Research & Advisory recently met in Abu Dhabi to explore avenues for enhanced research collaboration between public and private sectors across the Arab world. The discussions, which saw participation from Dr. Ahmed El Kalawy, President of FAPPP, Dr. Amr Wael, his deputy, and Dr. Mohammed Abdullah Al-Ali, CEO of Trends, along with a group of experts, underscored the critical role such partnerships can play in achieving the UN's Sustainable Development Goals (SDGs).
Dr. Al-Ali emphasized the significance of public-private partnerships in mobilizing resources for sustainable development projects. He highlighted the expertise and financial muscle that the private sector brings to the table, accelerating progress on these crucial goals. The sentiment resonated with the FAPPP representatives, who acknowledged the need for a more prominent role for private entities in driving sustainable development across the Arab region.
The meeting concluded with a commitment from both parties to foster ongoing communication and explore possibilities for open research collaboration. This collaboration, ideally culminating in a strategic partnership, has the potential to significantly enhance research and development (R&D) efforts in various fields. The discussions also yielded an agreement to organize joint seminars that will delve into the role of public-private partnerships in achieving the SDGs. These seminars aim to raise awareness and encourage broader participation from stakeholders across the Arab world.
The focus on public-private partnerships in research and development aligns with a global trend towards collaborative models for tackling complex challenges. By combining the strengths of public sector vision and private sector innovation, Arab nations stand to gain a significant advantage in their pursuit of sustainable development. The specific areas of research collaboration remain undisclosed, but possibilities are vast and encompass fields like renewable energy, water management, healthcare, and education – all sectors vital for achieving the SDGs and ensuring a prosperous future for the Arab world.
The collaboration discussions between Trends and FAPPP mark a significant step towards a more coordinated and impactful approach to research and development in the Arab region. By bridging the public and private divide, this initiative has the potential to unlock a new era of innovation and progress, propelling Arab nations towards a more sustainable and prosperous future.