Abu Dhabi, UAE
On 10 December 2024, during Abu Dhabi Finance Week and the Australia UAE Business Council’s delegation to Abu Dhabi, leading UAE real estate and infrastructure stakeholders formalised agreements with technology companies supported by Taronga Group, a long-standing Council member.
Taronga Group convened seven international technology innovators, showcasing solutions that address the $1.68 trillion real asset development pipeline in the Gulf Cooperation Council (GCC). These agreements highlight the critical role of advanced technologies in driving economic, social, and environmental progress across the region.
RealTech: Pioneering Solutions for the Future
The companies, each developing groundbreaking technologies, demonstrate how RealTech can deliver superior performance across energy, infrastructure, and urban development while meeting sustainability goals. The companies included:
- PowerStack – Solar energy generation poles used to power lighting, security, cell towers and remote connectivity applications
- Liftango – On-demand shared transport technology that improves the efficiency and sustainability of transport in cities and precincts
- Trendspek – 3D modelling platform powered by drone-captured data to enable digital inspections and interactive reporting for property and infrastructure assets
- Calumino – Low-cost thermal sensors for mass market applications across healthcare, smart buildings, fire safety and the automotive industry
- CarbonCure – Technology for the concrete industry to permanently embed recycled CO₂ into concrete to reduce the carbon footprint without compromising performance
- Ampd Energy – Advanced battery energy storage systems that replace diesel generators on construction sites to provide cleaner, quieter and data rich power
- OpenSpace – 360-degree photo documentation software for construction that provides jobsite analytics to improve transparency and efficiency
Thought Leadership on Real Asset Technology
Taronga Group also unveiled their latest white paper, RealTech: Amplifying the Future Growth of the GCC, featuring insights from institutional investors and case studies of transformative projects, including Expo City Dubai’s reality capture, and CarbonCure’s concrete innovations in Mussafah, Abu Dhabi.
Download the white paper to explore the insights and discover how RealTech is shaping the future of the GCC and beyond.
Strengthening Bilateral Economic Ties
The success of this initiative underscores the Australia UAE Business Council’s role in fostering bilateral trade and investment ties. It reflects the priorities of the recently signed Comprehensive Economic Partnership Agreement (CEPA), advancing economic cooperation and unlocking new opportunities for Australian and UAE businesses.
As a long-standing Council member, Taronga Group exemplifies how collaboration within the Council’s platform enables members to drive innovation and create impactful partnerships, reinforcing the Council’s commitment to supporting transformative initiatives that benefit both nations and contribute to the sustainable evolution of global real estate and infrastructure sectors.