Embargoed till 5.00pm on Thursday, 20 January 2011
ATIC PARTNERS WITH SINGAPORE POLYTECHNIC TO TRAIN NEXT GENERATION OF ADVANCED TECHNOLOGY SPECIALISTS
Memorandum of Understanding reinforces the continued working relationship between Abu Dhabi and Singapore in field of advanced technology
Abu Dhabi, Singapore, 20 January 2011: ATIC, the Advanced Technology Investment Company has signed a Memorandum of Understanding with Singapore Polytechnic (SP), a leading continuing education institution in Singapore to train future Wafer Fabrication Technicians. The agreement was formalized on the back of the fifth successful Abu Dhabi – Singapore Joint Forum held in Singapore this week.
“This is an exciting new step in the evolution of Abu Dhabi’s strong working relationship with Singapore. ATIC is delighted to forge this new partnership with Singapore Polytechnic that will provide a new generation of advanced technology employees with the opportunity to train with and learn the technical skills required for success from some of the industry’s brightest minds,” said Ibrahim Ajami, CEO of ATIC.
“This marks another important milestone in our continued investment in, and development, of human capital resources and local talent that will play a critical role in the establishment of a sustainable technology ecosystem in Abu Dhabi,” he added.
Tan Hang Cheong, Principal, SP, said, “We are excited to be able to work with Advanced Technology Investment Company to build a ready pool of technically skilled workers for the chip making industry in Abu Dhabi. And SP being Singapore’s first polytechnic, is privileged to be able to share our experience in technical education. We look forward to growing this partnership and strengthening our presence in the Middle East.”
The Memorandum of Understanding specifically focuses on the establishment of a collaborative partnership between ATIC and SP that will enable the development of a retooling curriculum program. The program will prepare trainees for employment as Wafer Fabrication Technicians at the upcoming 300mm leading edge fabrication facility to be constructed in Abu Dhabi by GlobalFoundries.
The retooling program will provide six months of preparatory training in Abu Dhabi. This will be followed by two years of training in Singapore. The first year in Singapore will comprise classroom and lab-based learning at SP, whilst the second year will focus on hands-on learning at the GlobalFoundries Fabrication facility in Singapore.
Falling within ATIC’s strategic plan to invest in, and nurture the development of, a talented and well-equipped workforce, recruitment to the program is being specifically targeted at young Emiratis with limited work experience. Following on from the partnership agreement between the Institute of Applied Technology and ATIC signed at the end of 2010, the agreement with SP is the next step in the evolution of human capital activities being developed by ATIC to educate a generation of talent that will become the driving force of the advanced technology ecosystem in Abu Dhabi. The first class of 40 participants to take advantage of this new partnership has been selected and will begin the new program in the second quarter of 2011.
The agreement was signed alongside the fifth successful Abu Dhabi – Singapore Joint Forum, established in 2007 through the auspices of Khaldoon Al Mubarak, Chairman of the Abu Dhabi Executive Affairs Authority, and Mr. Lee Yi Shan, Singapore’s Minister of State for Trade, Industry and Manpower.
The Advanced Technology Investment Company (ATIC) was created in 2008. A technology investment company wholly owned by the Government of Abu Dhabi, ATIC is focused on making significant investments in the advanced technology sector, both locally and internationally. Its mandate is to generate returns that deliver long-term benefits to the Emirate of Abu Dhabi.
ATIC seeks to leverage the unique advantages it enjoys as an investor from the Emirate of Abu Dhabi to identify and realize long-term investment opportunities in the highly competitive and capital-intensive advanced technology sector. These advantages include significant and reliable capital, a patient investment philosophy, and a subsequently long-term investment horizon.
About Singapore Polytechnic (www.sp.edu.sg)
Established in 1954 to meet the manpower needs identified by the government, Singapore Polytechnic (SP) is Singapore’s first polytechnic. Its nine academic schools offer 49 full-time diploma courses for its 15,500 students and courses are kept relevant through close links with industry and government bodies, as well as with various overseas institutions.
SP offers broad-based, multi-disciplinary and flexible curriculum dedicated to hands-on experience and is committed to the development of its applied research and development capability to enhance the quality of teaching and commercialisation efforts. Among SP's 155,000 graduates are successful entrepreneurs, top executives in multinational and public-listed corporations, and well-known professionals, many of whom are captains of industries, university professors and researchers, and leaders in government.
SP also provides lifelong learning opportunities to the public through the provision of short courses, tailor-made courses, talks, seminars and workshops. It can customize programs to meet specific training needs of individuals or companies. These continuing education programs cover diverse fields ranging from soft skills to hard core engineering subjects. To date, over 300,000 have attended its various training programs in Singapore.
For more information:
Ms Raeda AL Sarayreh
Media Relations Manager
Advanced Technology Investment Company
T: +971 50 7353060
Ms Teo Hung Noi
Corporate Communications Manager
T: +65 6772 1350 / M: +65 9670 9088