Western Parallel Road to provide new access points on the south side of the development

Dubai, UAE; 11 February 2012: The Dubai Multi Commodities Centre ("DMCC"), the licensing authority for the Jumeirah Lakes Towers ("JLT") Free Zone, announced that the RTA has opened the new Western Parallel Road, running on the south side of the community and connecting JLT to Al Barsha, Emirates Hills and The Meadows.

Gautam Sashittal, the Chief Operating Officer of DMCC, commented:

"This is a major milestone for the JLT community. The new road brings us one step closer to a permanent traffic solution, which will allow members of the JLT community to choose from a variety of access points and minimise traffic flow.

"Residents, workers and visitors now have a number of transit options available to them, including access points for motorists on the north and south side of the community, as well as two conveniently located Metro stations serving JLT. We are committed to supporting the RTA as they enhance transportation options in JLT on an ongoing basis."

The completion of the Western Parallel Road is part of RTA's ongoing efforts to continuously enhance the JLT area. JLT is a growing community with 60 towers, landscaping progressing across the estate and a range of retail outlets and leisure facilities opening each month.

Drivers seeking access to buildings in the Southern portion of JLT, including Almas Towers, are encouraged to use the new road. Drivers can do so via Exit 32 of the Abu Dhabi-bound Sheikh Zayed Road, after which they should proceed into Emirates Hills and turn right onto the new section of the Western Parallel road.

A temporary roundabout has also been established to replace the long U-turn leading to the Dubai-bound Sheikh Zayed Road exit.

A detailed drawing of the new road can be found on JLT's online community portal - www.dmcc.ae/jltcommunity. The website is dedicated to keeping its 25,000 residents, workers and visitors up to date with the latest community news, information and openings.

-Ends-

For media enquiries:
Dubai Multi Commodities Centre
Sandra Sloan
PR & Corporate Communication
+971 4 364 4261
sandra.sloan@dmcc.ae

Brunswick Group 
Katharine Crallé
+971 (4) 446 6270
dmcc@brunswickgroup.com

Dubai Multi Commodities Centre Authority (DMCC)
The Dubai Multi Commodities Centre Authority (DMCC) is the master developer and licensing authority for the Jumeirah Lakes Towers (JLT) free zone, one of the largest, fastest growing mixed-use developments in Dubai. Owned by the Government of Dubai, DMCC was established in 2002, by Royal Rule No 4 of 2002, with a mandate to enhance commodity trade flows through the Emirate by providing the physical, market and financial infrastructure required.

DMCC offers a fit-for-purpose regulatory framework, modern infrastructure, free-hold property, innovative products and value-added services. It has successfully attracted key participants throughout the entire commodities sector value chain; as well as businesses ranging from shipping to recruitment, IT to advertising and fashion. JLT-based companies enjoy highly attractive benefits under the free zone status, including a 50-year guaranteed tax holiday, 100 per cent business ownership, full ownership of business premises, and a secure, regulated environment.

As a 200 hectare, mixed-use waterfront master development with a prime central location on Sheikh Zayed Road, JLT nurtures both trade and community living through its commercial, residential and retail property offering. Today, JLT is home to over 3,600 regional and multi-national companies and over 23,000 residents.

© Press Release 2012