DED in collaboration with Techno Park to facilitate investors in Dubai

Techno Park is the Local Economic Zone set up in Dubai to enhance and encourage the development of a technology based economy in the Emirate.

The counter was jointly inaugurated by Mr. Ali Ibrahim, Deputy Driector General for Executive Affairs, DED and Mr. Abdulla Ahmed Al Qurashi, Chief Executive Officer, TechnoPark, at a simple ceremony at the DED in the presence of senior officials from both departments.

Located on the ground floor of the DED office in Deira, officials at the Techno Park counter will work closely with potential investors in the areas of technology-based industries, to offer comprehensive support and guidance in establishing technology companies at Techno Park.

Speaking at the event, Mr Ali Ibrahim said: "Encouraging the growth and development of industry which is based on research and innovation has always been one of the strategic objectives of the DED, in accordance with the vision of the Government of Dubai. We fully support the goals of the Techno Park and will work closely with its officials to facilitate investment in sectors that encourage the development and implementation of emerging technologies."

"Techno Park was created to provide the ideal environment for world-class innovation to be translated into real-world operations," said Mr. Al Qurashi. "We believe that the DED is the one-stop point for potential investors in Dubai as it offers extensive support in all areas of establishing a new business. We are very glad to work with the Department and leverage their experience and expertise to facilitate investment in technology-based industries," he added.

All business registration procedures for local and GCC industries being set up at the Techno Park will be completed through the DED. Techno Park officials will also be able to use the consulting rooms and other facilities at the Department premises, to meet with potential investors in an informal environment and discuss all issues related to setting up a company within the local economic zone.

Techno Park, a local economic zone dedicated to the development of a technology based economy in Dubai, has been designed and developed after extensive research. The Park will initially focus on four areas of prime importance to the region namely: Desalination and Water Resources, Oil and Gas and Environmental Resources Management and Hi tech industries. In addition, Techno Park will also include research and educational institutions oriented towards advanced technologies.