Dubai Industrial City has announced that it has completed its master plan.
The city will cover 560 million square feet of prime land clustering industrial activities by setting up manufacturing zones, a dedicated industrial growth fund and an international engineering academy, established in partnership with one of the leading globally-branded schools.
It will include a dedicated logistics zone and a commercial area that will sprawl along the Emirates Road and the Water Canal winding its way through Dubai Industrial City.
Additionally, commercial developments such as residential communities and retail developments with high-rise towers, boardwalks, piers and promenades will also constitute this development. The entire development will be artistically landscaped along the Canal.
"Our objective is simple. We aim to develop a project that will add value to all to the UAE, to the people who work, live and do business with Dubai Industrial City," said Mohammad Al Gergawi, chief executive of Dubai Holding.
"Our association with the mother company, Dubai Holding, will provide us with synergies in creating something that is unique."
He said apart from completing the master planning process, the site for the headquarters of Dubai Industrial City and for the first set of office buildings has been finalised. The waterfront development is also expected to be ready in the near future.
"We are encouraged to note that our efforts have been welcomed warmly by the local, regional and international entrepre-neurial and investor community. The tremendous response has encouraged us to redouble our efforts to bring the Dubai Industrial City to fruition as quickly as is possible," he added.
"The message of value addition is not restricted to just the industrial activity that will take place at Dubai Industrial City. It will extend to the lifestyle of those who will live and work there. The centerpiece of our development will be the canal, around which we shall build a community that will be a benchmark model for all."
The site for the headquarters of Dubai Industrial City and for the first set of office buildings has been finalised.
Gulf News
