• Region
    • Pakistan
    • UAE
    • Saudi Arabia
    • Qatar
    • Bahrain
    • Oman
    • Kuwait
  • About
  • Press Kit
  • Media Pack
  • Contact
Saturday, August 2, 2025
CEO Times
No Result
View All Result
Subscribe
  • Login
  • Home
  • Business News
  • Startup News
  • Opinion
  • Lifestyle
  • MagazineSEP 2024
  • Databank
  • Podcasts
  • Connect
  • Home
  • Business News
  • Startup News
  • Opinion
  • Lifestyle
  • MagazineSEP 2024
  • Databank
  • Podcasts
  • Connect
CEO Times
No Result
View All Result
Home Sector Logistics

Meituan UAS joins Ministry of Economy’s NextGen FDI programme

22 October 2023
in Logistics
Reading Time: 3 mins read
0
Meituan UAS

The Ministry of Economy has revealed that Meituan UAS, a pioneering drone-enabled food delivery business based in China, will be the latest global tech company to join the NextGen FDI program. A division of China’s largest food delivery platform, Meituan UAS has developed innovative solutions for local deliveries of food and daily essentials using low-altitude logistics. The program will serve as a platform for the company to explore the introduction of its delivery drones, operating systems, and drone hubs in the United Arab Emirates, building upon its successful drone delivery operations in three Chinese cities since 2021.

The entry of Meituan UAS into the UAE market is anticipated to accelerate the country’s aspirations to establish itself as a regional frontrunner in autonomous delivery services, contributing significantly to the establishment of a low-carbon logistics network. Notably, the UAE has already issued licenses for commercial Beyond Visual Line of Sight (BVLOS) drones, with the Dubai Programme to Enable Drone Transportation, initiated in 2021 by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, actively developing the necessary infrastructure to enable drone deployment for various commercial applications.

Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, emphasized that Meituan’s presence will bolster the UAE’s drone capabilities and foster the development of a center of excellence focused on the high-growth sectors of Unmanned Aerial Vehicles (UAVs) and e-commerce. He highlighted the NextGen FDI program’s objective of attracting innovative projects to the UAE, fostering their expansion within the country’s enabling ecosystem, and integrating cutting-edge technologies and practices. Dr. Al Zeyoudi expressed eagerness to collaborate with Meituan to seamlessly integrate their logistics systems into the existing UAE infrastructure, thus delivering technology that truly benefits the nation and its residents.

Commenting on the venture, Dr. Yinian Mao, Vice President at Meituan and General Manager of Meituan UAS, commended the UAE’s commitment to innovation and the robust support extended by government authorities to the UAS sector. Dr. Mao expressed enthusiasm for exploring the potential of drone delivery services in collaboration with local partners, with a focus on promoting safer and more efficient drone logistics solutions.

Meituan UAS recently showcased its cutting-edge urban logistics offerings, including the latest M-Drone Gen 4, at the GITEX event in Dubai. The M-Drone Gen 4 boasts a substantial maximum load capacity of 2.5kg and is equipped to operate autonomously in diverse weather conditions, even with temperatures soaring up to 60 degrees Celsius.

Introduced in 2022, the NextGen FDI initiative aims to bolster the growth of the UAE’s knowledge-driven economy by expediting incorporation processes, facilitating bulk or golden visa issuance, streamlining banking services, and providing commercial and residential lease incentives for advanced technology companies aiming to establish a presence in the UAE.

Related Posts

Pakistan National Shipping Corporation (PNSC)

PNSC Eyes Acquisition of New Aframax Vessels to Strengthen Fleet & Meet Emission Targets

26 November 2024
Al Seer Marine

Al Seer Marine Secures US$80 Million Financing for MR Tankers

16 October 2024
TRAX

Secure Logistic Group & Trax to Merge, Creating a Leading 4PL Logistics Powerhouse

14 October 2024
PostEx Co-founders

PostEx Secures $7.3 Million in Pre-Series A Funding to Expand into GCC

21 August 2024
Next Post
National Gas Company Oman Logo

National Gas Company signs 44-year lease agreement for truck rest area in Khazaen Economic City

Copyright © 2024 CEO Times (SMC-Private) Limited

  • Privacy Policy
  • Terms & Conditions
  • Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business News
  • Startup News
  • Opinion
  • Lifestyle
  • Magazine
  • Podcasts
  • About
  • Contact
  • Media Pack

Copyright © 2024 CEO TIMES (SMC-Private) Limited