| 06 Sep 2010 |
|
US-based Magna Park starting to take shape
- Text size
Monday, Sep 06, 2010
Gulf News
Construction of first building underway
Dubai Economic Zones WorldEconomic Zones World
announced the construction of the first building in Jafza Magna Park, its US-based, 1,324 acre logistics and distribution hub located in Santee, South Carolina.
The 20,000 square feet training centre and office will be a multi-use facility that will consist of shared office facilities, training laboratories and general warehouse space known as Leased Industrial Units.
Economic Zones WorldEconomic Zones World acquired over 1,300 acres just outside of the town limits of Santee in Orangeburg County in the fall of 2007.
Since then Jafza has pursued and received all the necessary regulatory requirements to begin development, including site certification from the South Carolina Department of Commerce.
The initial land development will be done in three immediate phases which include the construction of the mixed-use training facility and the development of 42 and 76 acres of plots respectively. The project is expected to attract about $1.2 billion (Dh4.4 billion) in private investment and generate an estimated 8,000 to 10,000 jobs over a decade.
“This building is a significant milestone for us at EZWEZW, especially for the Jafza team on the ground in the United States. We are excited about the project and have spent time laying the ground work for it. This first step towards the realization of all the hard work is very rewarding,” said Salma Ali Saif Bin Hareb, chief executive officer of Economic Zones WorldEconomic Zones World.
“It is, above all, an encouraging sign of the global economic recovery and we hope it’s a stepping stone to many more great things to come at Santee,” he added.
“This is further confirmation of Jafza’s commitment to South Carolina and Orangeburg County. It is indeed a Great Day in Orangeburg County,” Wright said.
In addition to the US Industrial park project, Economic Zones WorldEconomic Zones World is currently engaged in numerous development projects across Asia (India, Malaysia and China); Africa (Djibouti); the Middle East (the UAE) and Europe (Belgium, the United Kingdom, Germany, Poland, Italy, Spain and France).
This building is a significant milestone for us at EZWEZW, especially for the Jafza team on the ground in the United States. We are excited about the project...”
Salma Ali Saif Bin Hareb
CEO, Economic Zones World
Staff Report
© Gulf News 2010. All rights reserved.
Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.
Read the full Member Agreement
http://www.zawya.com/legal/NewsLetter.cfm?name=disclaimer
Loading ...
Post a Comment
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.