Top government officials in Sharjah have outlined the ambitious “Sharjah 2030” vision, a comprehensive economic roadmap designed to cement the emirate’s position as a global center for innovation, responsible investment, and sustainable growth. The strategy was detailed during a high-level session at the Sharjah Investment Forum, organized by the Sharjah FDI Office, also known as Invest in Sharjah. The vision aligns with the UAE’s broader goals for a prosperous future, emphasizing a collaborative approach between key government entities.
A Multi-Pillar Strategy For Growth
The “Sharjah 2030” vision is built on a foundation of strategic partnerships between the public and private sectors. Khalid Jasim Al Midfa, Chairman of the Sharjah Commerce and Tourism Development Authority, highlighted the emirate’s success in tourism, which saw a 20% growth in visitor numbers in 2024. He noted that infrastructure projects like the expansion of Sharjah Airport are crucial for enhancing the emirate’s appeal as a leading tourism and economic hub in the UAE. This integrated approach aims to create a stable and high-quality environment for both residents and investors.
Fostering a Diversified Investment Landscape
Sharjah is actively working to diversify its economic base and attract high-value foreign direct investment (FDI). Ahmed Al Qaseer, CEO of the Sharjah Investment and Development Authority (Shurooq), emphasized the authority’s role in developing a diverse portfolio across hospitality, arts, real estate, and entertainment. In parallel, Mohamed Al Musharrkh, CEO of Invest in Sharjah, revealed that the emirate attracted over 74 foreign investment projects in the first half of 2025, reflecting global confidence in its economy. He also pointed to initiatives designed to streamline business operations, including the launch of an AI-powered investment license that can be issued in just five minutes.
Bridging Academia and Industry for Tech Advancement
At the heart of Sharjah’s innovation ecosystem is the Sharjah Research, Technology, and Innovation Park (SRTIP). CEO Hussein Al Mahmoudi explained the park’s unique model, which fosters collaboration between academia, industry, and government to spearhead advanced technology projects. SRTIP has allocated $40 million to support knowledge-based investments and scientific research, with a focus on deep tech sectors such as 3D printing and space industries. The park’s initiatives are not only technology-focused but also aim for comprehensive social and health development, supporting a knowledge-based economy.
Empowering Startups Through Strategic Initiatives
Entrepreneurship is a key driver of the “Sharjah 2030” vision. Sara Al Nuaimi, an executive at the Sharjah Entrepreneurship Center (Sheraa), stressed that innovation and partnership are fundamental to the emirate’s future. Sheraa is actively supporting startups and expanding investment opportunities through local and international initiatives aimed at increasing the flow of entrepreneurs to Sharjah. The center focuses on creating a fertile environment for growth, with a particular emphasis on sustainability in critical areas like food security, health, and waste management. By bringing entrepreneurs and investors together, Sheraa aims to ensure Sharjah remains a preferred destination for innovation.
About Sharjah 2030 Vision
The Sharjah 2030 Vision is an ambitious economic plan focused on innovation and sustainability. It seeks to establish the emirate as a global hub for thought leadership, entrepreneurship, and responsible investment. The vision integrates efforts across various government bodies to create a comprehensive development environment that aligns with the UAE’s long-term prosperity goals.
Source: Zawya
