(Dubai) – Dubai Holding’s Chairman, Mohammed Abdullah Al Gergawi, has confirmed that new projects representing an AED 4.5 billion investment for Dubai’s Internet City and Dubai Media City will be completed within five years and will establish a global powerhouse for innovation, media and content.
Al Gergawi made his comments at a ceremony to mark the 15th anniversary of Dubai Internet City, and in response to the announcement made by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minster of the UAE and Ruler of Dubai of a new vision for these business parks.
The projects announced include 10 million sq. ft. of space for innovation complexes, technology laboratories and smart buildings. Such advanced infrastructure seeks to attract top global talent and create an environment that will nurture and support what will become the most productive and innovative environment in the world.
(Courtesy WAM)
