The move follows an agreement between Akil Kazim, Operations Director, SME and Abdulla Bin Haidar, Chief Operating Officer, Dubai Industrial City. The signing was attended by Abdul Baset Al Janahi, CEO of Sheikh Mohammed Est. for Young Business Leaders and Khalid Al Malik, Senior Vice President of Industry and Knowledge of Tatweer.
Plots for the use of SME members will be provided in all six zones of Dubai Industrial City, based on the availability of land, project suitability and requirement of SME members. Land will be allocated on a five-year lease basis.
Commenting on the agreement, Akil Kazim said: 'The MoU underlines our efforts to empower small and start up companies through collaboration with leading national organizations.
'The preferential rental rate offered by Dubai Industrial City to SME member companies will greatly help to minimize the overheads and operational costs of member start up companies.'
SME will provide Dubai Industrial City with information on member companies wishing to launch projects in the largest industrial park in the Middle East. Credentials offered by SME will include a membership certificate as well as information on the company's business profile and plan.
Abdulla Bin Haidar said: 'Empowering national entrepreneurs is one of our prime obligations to support the long-term economic well-being of the UAE. The agreement contributes to Dubai's strategy aimed at developing a new generation of national businessmen.'
Dubai Industrial City and SME will periodically review the viability and growth of the businesses during the contract period.
Dubai Industrial City supports members of Mohammed Bin Rashid Est. For Young Business Leaders
Dubai Industrial City is to allocate one million square feet of land for members of Sheikh Mohammed Bin Rashid Establishment for Young Business Leaders (SME), for empowering national entrepreneurs to smoothly launch their business through land allocations at competitive rental charges.
- United Arab Emirates: Monday, November 27 - 2006 at 14:51
- PRESS RELEASE
- ADD ARTICLE TO
-
Facebook
del.icio.us
Digg
Log in to request more information from Mohammed Bin Rashid EstNotes and media contacts
About Mohammed bin Rashid Establishment for Young Business LeadersThe Mohammed Bin Rashid Establishment for Young Business Leaders was launched in June 2002. The vision of the Establishment is to nurture the domestic entrepreneurial spirit in Dubai and catalyze the development and growth of a key sector of the economy, the Small and Medium Business sector. The Establishment's core mission is to encourage and facilitate the development of local businesses and entrepreneurial activity in the UAE. To this end, the Establishment offers various incentive measures and well co-ordinated programs to the local business community. The services of the SME extend to both entrepreneurs with an existing business and budding entrepreneurs.
About Dubai Industrial City
Dubai Industrial City (DI), a member of Tatweer, was set up on 560 million sq ft of prime land, with the aim of catalysing the growth and expansion of the industrial sector in the United Arab Emirates - especially in high value added manufacturing and production in the sectors of Machinery & Mechanical equipment, Transport Equipment and parts, Base Metal, Chemicals, Food and Beverage and Mineral Products.
Dubai Industrial City provides one of the region's finest business environments and is a one-stop facility for industry and related sectors such as logistics, assembly and warehousing, vocational training and staff accommodation. DI City's strategic location near (Dubai World Central) the new Jebel Ali Airport City, the Jebel Ali Free Zone and Port; trans-Emirates highways, including Sheikh Zayed Road and Emirates Road near the border with Abu Dhabi provides easy and convenient access to global transportation points via road, air and sea.
For further information, please contact:
Mohammed Abdelmonem
Account Manager
JIWIN PR,
Tel: +971 4 3613333
Dir: +971 4 3613594
Fax: +971 4 3888001
Posted by Anne-Birte Stensgaard, Senior News EditorMonday, November 27 - 2006 at 14:51 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Index : Company News : Mohammed Bin Rashid Est
Browse related articles
Browse related articlesToday's most read articles:
Most read articles the past week:
Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AME Info Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AME Info Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AME Info Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AME Info Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
Web Feeds