Singapore-based Quest Global joins UAE’s NextGen FDI initiative

Quest Global joins UAE’s NextGen FDI initiative
Image Via: WAM | Cropped by GBN
By Fathima Sanna, Desk Reporter
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Quest Global, an engineering research and development services company based in Singapore, has joined the UAE’s NextGen FDI initiative, a program that is designed to attract tech-driven companies from all over the world through a suite of market-entry fundamentals.

The Ministry of Foreign Trade welcomed the company to the UAE market. Quest Global will launch a number of client-centric, high-value engineering centers (HVECs) across the nation, providing support to businesses in various sectors including energy, defense and advanced manufacturing.

Quest Global brings engineering expertise with the integration of AI and digital technologies. This will help transform companies by enhancing operations, fostering innovation and optimizing supply chains.

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Dr. Thani bin Ahmed Al Zeyoudi
UAE Minister of State Foreign Trade

“The NextGen FDI initiative was created to attract forward-thinking, ambitious enterprises such as Quest Global to the UAE. By enhancing our engineering ecosystem and offering bespoke services to manufacturing companies, their cutting-edge research centers will support our industrial transformation goals, improve productivity and develop national talent. Quest Global’s participation in the initiative also helps reinforce the UAE’s status as an economic hub that facilitates expansion into regional and global markets.”

Robert Vatter, Executive President of Quest Global, added that, “Quest Global serves as a strategic ER&D partner to large global companies across energy, aerospace and defense, and other industries. By facilitating the establishment of high-value engineering centers in the UAE, the NextGen FDI Initiative will enable us to extend this support to companies based in the UAE and the wider GCC – helping them realize their business ambitions, develop their talent and accelerate their contribution to the development a knowledge economy.”

The NextGen FDI Initiative, launched in 2022, has enabled a number of leading companies to establish a footprint in the UAE, helping to develop clusters of excellence in future-focused sectors such as AI, robotics, alternative energy and storage, hybrid aviation and precision fermentation. This move aligns with the UAE’s vision for a knowledge- and innovation-based economy.

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