Multimillion road project in TechnoPark moving on track

The development to service 2.7 million square metre of existing and upcoming business facilities in TechnoPark

Dubai, United Arab Emirates, February 05, 2013: A multi-million road project initiated by Economic Zones World (EZW) in September 2012 at TechnoPark is moving ahead as per schedule.

The road project, on completion, will be serving more than 2.7 million square metre business development comprising offices, industrial facilities and on-site staff accommodations at the region's upcoming technology centre. The road network project is part of Economic Zones World's broader plan to develop and position TechnoPark as an innovation and technology driven business and industrial hub.

Salma Ali Saif Bin Hareb, CEO, EZW, the parent company of TechnoPark, commenting on the project said:

"The initiative is part of EZW's concerted efforts to develop and position TechnoPark as a unique centre where innovative ideas and technology can work together to bring the country's aspiration of becoming a true knowledge economy to life. Having right infrastructure in place is an important step forward in that direction."

The project, on completion, will enhance TechnoPark's overall connectivity. The upcoming road network will provide TechnoPark customers' direct access to Sheikh Mohamed Bin Zayed Road, enhancing their ability to move their goods, across the UAE and the region, more efficiently and at the fastest pace.

The road infrastructure project is scheduled to complete towards the year-end. 50 percent work on the project is already done.

TechnoPark is the Economic Zones World's research and development initiative in core economic sectors, including Energy, Water and Environment. It focuses on nurturing business ideas and new technologies in various fields, which could be quickly translated into real-world industrial operations. TechnoPark is currently home to a large number of technology focused multi-nationals such as Nestle, BASF, Baker Hughes, Pacific Control, Metito and many others.

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About Economic Zones World (EZW)
EZW is the global provider of sustainable industrial and logistics infrastructure solutions. The company aims to create a robust network of economic zones, technology, logistics and industrial parks as well as build-to-suit developments across the world with an objective to support the dynamic expansion of its rapidly growing international customer base. EZW's current portfolio includes Jafza, Gazeley, TechnoPark and Dubai Auto Zone.

Jafza is Economic Zones World's flagship operation and home to 6800+ multinational companies, including over 120 of the Global Fortune 500 enterprises. It is the region's most efficient logistics hub and the only one in the world located between a top container terminal (Jebel Ali Port) and a top international airport (Al Maktoum International Airport), enabling the best in multi modal connectivity.

Also in the portfolio is Gazeley, one of Europe's leading developers and providers of sustainable logistics and industrial spaces. Gazeley has strong presence in the UK, mainland Europe, China and India.

TechnoPark is the company's research and development initiative in core economic sectors, including Energy, Water and Environment. It focuses on nurturing business ideas/new technologies in various fields, which could be quickly translated into real-world industrial operations.

Dubai Auto Zone (DAZ) is a comprehensive market place for the Auto Industry catering to buyers, sellers, service providers, principals and traders.

For further queries please contact Mr Var Prasad Rao (Corporate Editor) on +971-50-9400163.