Finnish cleantech companies see huge potential
in Abu Dhabi and Masdar
Abu Dhabi, January 18, 2010 - Finnish Minister of Economic Affairs, Mauri Pekkarinen, and Finnish cleantech companies on the topic “Finnish cleantech solutions for United Arab Emirates - Sustainable Energy and Green Construction in focus” at the first day of the World Future Energy Summit in Abu Dhabi on January 18.
United Arab Emirates is the fourth most important trade partner for Finland outside of Europe. Many Finnish cleantech companies are already present in the Arab Emirates market. However, many promising co-operation areas between Finland and Arab Emirates still remain untapped.
The target of Masdar Initiative, to turn Abu Dhabi into the Silicon Valley of clean technology, makes it a very attractive and desired partner for Finnish cleantech companies. Masdar will be acting as a hub for Finnish cleantech expertise in Middle East.
Hence, Finpro, association promoting internationalization of Finnish companies worldwide, will open an office in Masdar City in 2011. “Masdar – Abu Dhabi Future Energy Company is seing this as very important strategic co-operation for Abu Dhabi and Finnish cleantech business developments”, says Ryan Thompkins, Associate, Business Development for Masdar City. Cleantech Finland promotes Finnish cleantech companies through Finpro’s global network with 57 offices in over 40 countries.
Finnish companies are seeking for cleantech business opportunities with local partners in United Arab Emirates. These potential co-operation areas include sustainable energy and construction, energy efficiency, waste management, production of clean water and water recycling and scientific expertise.
The Finnish Minister of Economic Affairs, Mr. Mauri Pekkarinen visited Abu Dhabi with a Finnish business delegation consisting of top Finnish cleantech companies such as Fortum, Glaston, Halton, Neste Oil, Outotec, Pöyry and Tana. The visit aimed to demonstrate commitment and interest to further develop economic and commersial relations with the UAE.
For more information, please contact
Mr. Santtu Hulkkonen, Executive Director, Cleantech Finland, Finpro, santtu.hulkkonen(a)finpro.fi, tel. +358 40 34 33 341
Mr. Tuomo Hyysalo, Head of Trade Center, Finpro United Arab Emirates, tel. +971 50 453 7930, tuomo.hyysalo(a)finpro.fi
Background
Cleantech Finland – Pure Agility
Cleantech Finland® is a collective of top Finnish cleantech companies. Cleantech means all those products, services, processes and technologies that prevent or reduce the impacts of harmful actions on environment. Cleantech stands for better quality, efficiency, progress, effectiveness, profitability and excitement.
Cleantech Finland gives clients, partners, investors and other stakeholders all over the world an easy access to key Finnish cleantech expertise. Cleantech Finland is a guarantee of cutting edge technologies and services, and reliable and efficient business practices. Finland’s achievements and expertise in the environmental sector are internationally acknowledged. For example since year 2000, Finland has been ranked three times number one among 146 countries in environmental sustainability and performance in World Economic Forum’s ESI index.
Finnish cleantech companies are already global leaders in energy-efficiency, clean industrial processes and bioenergy. Other key areas are measuring, analysis and automation, renewable energy, waste management as well as water and waste water treatment and air protection.
Investments pay for themselves
The global environmental problems are not going to disappear. Investments in cleaner technologies pay for themselves through efficiency and a better standard of living. According to the recent report of the International Energy Agency the world will have to spend an extra $500 billion to cut carbon emissions for each year it delays implementing a major actions on global warming.
Finland has vast expertise of challenging conditions, backed up by the fact that Finland has limited natural resources and an extremely challenging climate. Still Finland has coupled economic growth with sustainable development. This is the know-how that Cleantech Finland wants to offer to you.
More information: www.cleantechfinland.fi
About Finpro
Finpro is a network of experts operating globally, promoting the internationalization of Finnish companies. Finpro’s staff, consisting of over 300 professionals, works in 57 offices in more than 40 different countries. Finpro offers its expertise and services throughout the various stages of companies’ internationalization. Expertise in various fields of business, market knowledge, efficient international and local networks, and the ability to identify and understand future business opportunities are the added value Finpro offers to Finnish industry and businesses to maintain and develop their competitiveness. Cleantech Finland is one of Finpro’s most important initiatives to promote Finnish clean technology expertise.
More information: www.finpro.fi