Alberta Index - TECHNOLOGY: GE to help boost Alberta’s advanced technology sector

TECHNOLOGY: GE to help boost Alberta’s advanced technology sector

(AlbertaIndex, October 30, Tuesday) --- US business and technology giant GE will help Alberta develop technological solutions to challenges facing the province according to a strategic agreement signed earlier this month. As a first project, the Alberta government and GE Water & Process Technologies will collaborate on long-term cooperative research and development initiatives in water-related areas such as mitigating pipeline corrosion.

The Memorandum of Understanding creates a foundation for the government and GE to work with Alberta’s researchers, scientists and businesses in water-related research and development projects in areas such as oil sands technologies and water management, energy management including gasification, biofuels and greenhouse gas emissions, nanotechnology, and healthcare technologies.

“This is the right time in Alberta to focus on building a strategic partnership with a key industry leader, like GE. Increasing research efforts and technology commercialization is a growing priority for the province,” said Doug Horner, Minister of Advanced Education and Technology.

“GE’s extensive insight will create significant opportunities for Alberta’s technology and business development sectors to turn their innovations into marketable and profitable products.

“This partnership with GE is part of government’s broader goal to build a culture of innovation and investment in the province and turning research and development projects into higher value goods and services.”

“We are excited about this partnership that will explore ways to protect Alberta’s natural resources through sound water management,” said Jeff Garwood, president and CEO of GE Water & Process Technologies. “This collaborative effort will focus on innovative approaches to help meet today’s growing water and wastewater needs in power, oil and gas, healthcare, and various other industries.

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