Abu Dhabi Investment Office (ADIO) serves as a central entity in fostering economic growth and diversification in the emirate of Abu Dhabi. ADIO’s strategic emphasis on nurturing knowledge-based industries is the driving force behind Abu Dhabi’s aspiration to become a leading global center for innovation and sustainability.
The organisation's primary mandate is to create a sustainable and innovative investment environment that supports long-term success for businesses and investors. In an interaction with ET Online, Massimo Falcioni, Chief Competitiveness Officer at ADIO, states that Indian startups, known for their rapid growth and talent, present a promising partnership opportunity, further strengthened by India-UAE bilateral ties.
He adds that ADIO seeks to build mutually beneficial relationships, enabling Indian businesses to thrive in Abu Dhabi’s ecosystem while advancing innovation and economic development in both regions. Edited excepts:
ET: What are the primary criteria ADIO considers when selecting Indian start-ups and businesses for investment or innovation programme across various industries?
Massimo Falcioni (MF): Abu Dhabi’s strategic vision is centred on becoming a global hub for knowledge-based, sustainable and innovation-driven industries.
To support this, ADIO has developed a cluster strategy that focuses on fostering growth and innovation in key sectors, with our focus on emerging industries, centred on liveability, technology, resources and value added services. These industries are integral to Abu Dhabi’s economic development agenda and represent areas where we seek transformative partnerships.