• HSBC

Dubai Industrial City opens doors to current and potential investors at networking event

  • United Arab Emirates: Wednesday, December 27 - 2006 at 15:22
  • PRESS RELEASE

Dubai Industrial City, a member of Tatweer, recently hosted a networking session for more than 65 industrial manufacturers and investors from across the UAE, introducing them to state-of-the-art facilities being set up at the region's first dedicated industrial zone.

Escorted by senior officials of the Dubai Industrial City, manufacturers of machinery and mechanical equipment, transport equipment, parts and chemicals were given an exclusive overview of its progress and the investor friendly incentives provided within the six clusters.

Rashed Al Ansari, CEO of Dubai Industrial City said: "This is the first of many meetings that we intend to hold for the Dubai business community and our investors. They serve a dual purpose; while keeping them informed about the developments within the City, it also helps us gain an understanding of their business requirements.

"It is this open door policy that we share with our clients that has made it possible for Dubai Industrial City to be up and running within record time. The City is already witnessing high activity with investors setting up factories and production units across six dedicated zones - a unique achievement considering it is just two years since the concept of the industrial free zone was launched."

Al Ansari added the Dubai Industrial City's conformity to stringent industrial standards in quality, health, safety and the environment (QHSE) through the Dubai Quality Mark has earned it rapid credibility as a leading destination for industrial production.

Investors at the networking meet were also introduced to several value added incentives that are being developed to support businesses within the integrated industrial facility, such as the AED 1.6 billion dedicated labour accommodation with 87,000 beds.

Al Ansari said: "Much of the high investor demand for leasing land at the City could be attributed to the fact that it not only meets all their business requirements, but also supports a fully self-contained community, complete with a downtown area of residential complexes, entertainment areas, industrial mall, conference facilities and hotels.

"All these initiatives are launched with the investor in mind to ensure that we offer services that will help them set up and grow their businesses, while contributing to Dubai's economy."

Located in close proximity to the new Jebel Ali Airport and Jebel Ali Port, with easy accessibility to major highways such as Sheikh Zayed Road, Emirates Road and the Dubai Ring Road, the Dubai Industrial City is spread over 560 million square feet offering a dedicated industrial destination that comprises six industrial clusters for food and beverage, base metal, mineral products, chemicals, transport equipment and parts, and machinery and mechanical equipment.
Investor gathering. 
Investor gathering.
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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 accomodation. 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.


About Tatweer
Launched in December 2005 Tatweer is one the region's most promising enterprises and a Member of Dubai Holding. It owns nine market-leading companies and managing an ambitious business development plan.

Its current portfolio is divided into Energy & Healthcare, Tourism & Entertainment, Industry & Knowledge. Its entities are Dubai Healthcare City, the region's hub for world-class quality healthcare services; Mizin, one of the most advanced real estate companies in the region; Dubailand, one of the biggest leisure, entertainment and tourism destinations in the Middle East region; Dubai Industrial City, an industrial township to develop Dubai as a leading manufacturing hub; Bawadi, the world's leading hospitality and entertainment project bringing 31 hotels and more than 29,000 hotel rooms; Dubai Energy, investing in regional and global energy opportunities and building a diversified investment portfolio; Dubai Mercantile Exchange, the first commodity futures exchange in the Middle East; Global Village, which brings together 160 different countries showcasing myriad cultures; and Moutamarat, the first Arab initiative organizing research-based conferences and exhibitions.

A Member of Dubai Holding, Tatweer and its entities will continue to consolidate a group of life-improving industries. In addition, it has pioneered the market with joint venture initiatives with leading companies such as the New York Mercantile Exchange or the Saudi Research and Publishing Company.

Tatweer will continuously strive for world-class performance implementing leadership development to drive and sustain business excellence, quality and high performance.

For further information
Agency:

Tarek Sakik
Senior Account Manager
Jiwin the Public Relations Arm
Of Dubai Press Club
Phone: +971-4-3613593

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